Hedging

November 11, 2015

Zargon uses hedges to help fund dividends and capital programs during periods of lower commodity prices.

Current Forward Oil Sales

  • October – December 2015:     1,500 bbl/d at $79.78 Cdn./bbl (WTI)
  • H1 2016:                               500 bbl/d at $79.30 Cdn./bbl (WTI)