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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.
Hess Corporation (NYSE: HES) is a global independent energy company engaged in the exploration and production of crude oil and natural gas. We are a leading shale oil and gas producer, a leader in deepwater development and production, and a focused, high impact explorer. Our assets are focused in five areas where we have proven technical capabilities: Gulf of Mexico, North Sea, West Africa, Asia Pacific and Onshore U.S. Six core values guide everything we do, including our relationships with stakeholders: communities, employees, customers, business partners and shareholders. We are committed to help meet the world`s growing need for energy while making a positive impact on the communities where we do business. We strive each day to be a trusted partner that ensures the safety of our workforce and host communities, and protects and preserves the environment. Our employees say Hess has a family feel and what they do gets recognized and rewarded. They describe a “can-do” spirit and a sense of empowerment to make a meaningful difference. They appreciate the teamwork and collaboration with colleagues and like the opportunities Hess provides to help them grow and advance in their careers.
Peak Operating is a Lafayette, LA-based company in the Energy and Utilities sector.
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Flex Tank Systems Inc is a Channelview, TX-based company in the Energy and Utilities sector.