Press

Zargon Oil & Gas Ltd. Announces Hedging of 650 bbl/d of Oil and Appointment of Interim Chief Financial Officer

Posted by Katie Woodward - OilVoice

01-Dec-2016


Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB) announces that it has entered into hedges to fix the WTI price of oil on 650 barrels per day of oil production at an average of $66.98 in Canadian dollars for 2017.

Zargon also announces the appointment of Bill Cromb as Interim Chief Financial Officer. Bill is an experienced financial executive with over 30 years of varied finance experience in the oil and gas industry. He is a Chartered Accountant with a background including reporting, financings, treasury, risk management, mergers and acquisitions and other finance and administrative functions.

Zargon Oil & GasPeople on the MoveHedgingCanada

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