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Zargon is a Calgary based Western Canadian oil and gas producer and over our 20 year history we have returned $365 million ($18.05 per share) through distributions and dividends to our shareholders on a total equity investment of $210 million. Oil exploitation is our focus, where we work to increase oil recovery factors and oil production from existing oil reservoirs by combining technical skills in reservoir engineering and the geosciences to understand the mechanics of producing reservoirs. We then employ different exploitation techniques: including waterfloods and tertiary floods to improve oil production and reserves. We have completed the construction of an exciting Alkaline Surfactant Polymer (“ASP”) recovery project at our Little Bow property in southern Alberta. This technology, which is finding increased application in Western Canada, utilizes the injection of chemicals in dilute concentrations to flush out incremental oil production and reserves. Following first ASP injections in March 2014, incremental production is expected to commence by year end. Commencing in 2016, the long-life Little Bow project will provide the foundation for our long term sustainable, dividend-paying energy producer objectives.
Amalie Oil Company is a Tampa, FL-based company in the Energy and Utilities sector.
4Refuel Canada is a Severna Park, MD-based company in the Energy and Utilities sector.
A family company founded in 1921, Colonial`s history is rooted in the marketing, retailing, and distribution of petroleum products for the transportation, industrial, and marine applications. Over time, Colonial expanded its offerings to include natural gas marketing, liquid & dry bulk storage, maritime services, and industrial chemical sales. Today, Colonial provides industry leading levels of service, ranking #64 on Forbes List of America`s Largest Private Companies.
World Point Terminals, LP is a fee-based, growth-oriented limited partnership formed to own, operate, develop and acquire terminal assets relating to the storage of light refined products, heavy refined products and crude oil. Our storage facilities are strategically located in the East Coast, Gulf Coast and Midwest regions of the United States. Refiners typically use our terminals because they prefer to subcontract terminaling and storage services or their facilities do not have adequate storage capacity or dock infrastructure or do not meet specialized handling requirements for a particular product. We also provide storage services to distributors, marketers and traders that require access to large, strategically located storage capacity with efficient access to transportation infrastructure and in close proximity to refineries, demand markets or export hubs. Our combination of geographic location, efficient and well-maintained storage assets and access to multiple modes of transportation gives us the flexibility to meet the evolving demands of our existing customers, as well as the demands of prospective customers.