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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.
Aethon Energy is a private investment firm and owner-operator of onshore and oil and gas properties in the United States. Aethon is a leading operator with a proven track record in developing its large position. Aethon is headquartered in Dallas, Texas, with operations in Louisiana, Texas, and Wyoming.
HKN is a Southlake, TX-based company in the Energy and Utilities sector.
Peter Hunter is a Windsor, CA-based company in the Energy and Utilities sector.
Sugar Rock Inc is a Ellenboro, WV-based company in the Energy and Utilities sector.