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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.
Passionate about creating sensorial brilliance, we work in partnership with customers and growers across the global flavour, fragrance and consumer goods markets from our bases in the US, the UK, and China.
Galen E. Wilson Petroleum Company is a Saginaw, MI-based company in the Energy and Utilities sector.
Martin Fluid Power Co is a Troy, MI-based company in the Energy and Utilities sector.
LPR Energy is a privately held upstream oil and gas company engaged in the acquisition, exploitation and development of conventional and unconventional assets in the Marcellus Shale and Permian Basin.