March 10, 2015
Zargon uses hedges to help fund dividends and capital programs during periods of lower commodity prices.
Current Forward Oil Sales
- Q1 2015: 1,600 bbl/d at $93.44 US/bbl (WTI)
- Q2 2015: 1,200 bbl/d at $94.01 US/bbl (WTI)
Current Forward Natural Gas Sales
- Q1 2015: 3,000 gj/d at $4.18/gj (AECO)