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Zargon Oil & Gas Ltd Revises FY 2013 Production Guidance


Wednesday, 20 Feb 2013 07:02pm EST 

Zargon Oil & Gas Ltd revised (Non-ASP) its capital budget of $40 million, oil and liquids production guidance level fiscal 2013 has been revised to 5,000 barrels per day. This guidance is based on a 21% annual corporate oil and liquids production decline, the fourth quarter 2012 oil and liquids production rate of 5,065 barrels of oil per day and (non-ASP) capital program production addition efficiencies of $40,000 per barrel of oil and liquids per day. 

Company Quote

6.5
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23 Oct 2014