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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.
Doyon, Limited, the Native regional corporation for Interior Alaska, is a for-profit corporation with more than 19,800 shareholders. Established under the 1971 Alaska Native Claims Settlement Act (ANCSA), Doyon is the largest private landowner in Alaska, with more than 12.5 million acres allocated to the corporation under ANCSA. Doyons mission is to continually enhance our position as a financially strong Native corporation in order to promote the economic and social well-being of our shareholders and future shareholders, to strengthen our Native way of life, and to protect and enhance our land and resources. As one of the top Alaska-owned businesses, Doyon operates a diverse family of companies, including more than a dozen for-profit businesses across the nation in the areas of oil field services, utility management, engineering management, information technology services, land and natural resource development, facility management, construction and tourism. Headquartered in Fairbanks, Alaska, Doyon is led by a 13-member board of directors and a team of senior managers. The corporation currently employs over 800 individuals worldwide and over 550 employees in Alaska.
Repsol is an integrated global energy company with vast experience in the industry. It carries out Upstream and Downstream activities throughout the entire world. We are present in more than 40 countries and we have a team of more than 27,000 people committed to a future project: the construction of a sustainable energetic model. At Repsol, we have a vision of the future that reflects the way we act: A global company that seeks the welfare of people and is a step ahead in building a better future through the development of smart energy.With effort, talent and enthusiasm, we are working towards delivering the best energy solutions for society and the planet.
Stetson Oil and Gas LTD. is a Edmonton, AB-based company in the Energy and Utilities sector.