CALGARY, Alberta, Feb. 12, 2018 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (the “Company” or “Zargon”) (TSX:ZAR) (TSX:ZAR.DB.A) announces fourth quarter 2017 production volumes and announces 2017 year end reserves. Zargon intends to release its 2017 audited financial results on March 15, 2018, after market close.
2017 FOURTH QUARTER PRODUCTION VOLUMES:
Fourth quarter 2017 production averaged 2,416 barrels of oil equivalent per day, slightly lower than the fourth quarter 2016 rate of 2,449 barrels of oil equivalent per day and 2017 production guidance of 2,500 barrels of oil equivalent per day. The reduced volumes were primarily due to the … Continue Reading