CALGARY, Alberta, May 14, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOL: ZAR).… Continue Reading
Zargon Oil & Gas Ltd. Provides 2018 Fourth Quarter and Full Year Financial Results
CALGARY, Alberta, March 14, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has released its 2018 fourth quarter and full year financial results. Highlights from the fourth quarter and year ended Dec. 31, 2018 are provided below:… Continue Reading
Zargon Oil & Gas Ltd. Announces Appointment of Additional Director
CALGARY, Alberta, Feb. 21, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) (TSX SYMBOL: ZAR) announces the appointment of Glenn Koach to the Board of Directors effective February 21, 2019.… Continue Reading
Zargon Oil & Gas Ltd. Announces Q4 2018 Production Volumes and 2018 Year End Reserves
CALGARY, Alberta, Jan. 25, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) (TSX:ZAR) announces fourth quarter 2018 production volumes and announces 2018 year end reserves. Zargon intends to release its 2018 audited financial results on March 14, 2019, after market close.… Continue Reading
Zargon Oil & Gas Ltd. Engages Financial Advisor
CALGARY, Alberta, Jan. 16, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX:ZAR) has re-engaged Macquarie Capital Markets Canada Ltd. as financial advisor to assist in seeking outcomes that will maximize value for the Company and its stakeholders. These outcomes may include a corporate merger, sale, recapitalization or reorganization. Zargon’s long-life, low-decline oil exploitation assets have significant upside potential in a period of prolonged higher oil prices. In addition, Zargon brings a TSX listing and more than $155 million of non-capital losses that could have significant value in a more favourable Canadian energy investment climate. … Continue Reading
Zargon Announces the Completion of a Transaction to Settle its Convertible Debentures
CALGARY, Alberta, Jan. 11, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company“) (TSX:ZAR; ZAR.DB.A) announces that it has completed a transaction (the “Transaction“) to settle its $41.94 million principal amount of outstanding 8.00% convertible unsecured subordinated debentures (“Debentures“) due December 31, 2019 in exchange for common shares in the capital of Zargon (the “Common Shares“).… Continue Reading
Zargon Announces Voting Results of Extraordinary Meeting of Debentureholders and Provides Strategic Alternatives Process Update
CALGARY, Alberta, Jan. 10, 2019 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company“) (TSX:ZAR; ZAR.DB.A) announces that 82.64% of holders (“Debentureholders“) of its 8.00% convertible unsecured subordinated debentures due December 31, 2019 (the “Debentures“) voting at the extraordinary meeting of the Debentureholders held today (the “Meeting“) have voted in favour of an extraordinary resolution pursuant to which all of the Debentures will be settled and all claims of the Debentureholders thereunder will be extinguished in exchange for approximately 428,878,324 common shares (“Common Shares“) in the capital of Zargon, including the payment, in the form of Common … Continue Reading
Zargon Announces a Proposed Transaction to Restructure its Convertible Debentures
CALGARY, Alberta, Nov. 21, 2018 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company“) (TSX:ZAR; ZAR.DB.A) announces a proposed transaction to settle its $41.94 million principal amount of outstanding 8.00% convertible unsecured subordinated debentures due December 31, 2019 (the “Debentures“) for equity (the “Transaction“).… Continue Reading
Zargon Oil & Gas Ltd. Provides 2018 Third Quarter Results
CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A).… Continue Reading
Zargon Oil & Gas Ltd. Announces Financing Agreement for $3.5 Million (USD) Term Debt
TSX SYMBOLS: ZAR; ZAR.DB.A… Continue Reading