CALGARY, ALBERTA–(Marketwired – June 16, 2014) – Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) (“Zargon”) announces that Mr. Jason Dranchuk has tendered his resignation as Vice President, Finance and Chief Financial Officer of Zargon effective July 14, 2014 to pursue other opportunities.
“We sincerely appreciate Jason’s professionalism, commitment and contributions to our company during the last 12 years and we wish him the very best in his future endeavors,” said Craig Hansen, President and Chief Executive Officer of Zargon.
Zargon will initiate a search for a new Chief Financial Officer and in the interim; Craig Hansen will assume the chief financial officer duties.
FURTHER INFORMATION
Zargon Oil & Gas Ltd. is a Calgary based oil and natural gas company working in the Western Canadian and Williston sedimentary basins that has delivered a long history of returns and dividends (distributions). Zargon’s business is focused on oil exploitation projects that profitably increase oil production and recovery factors from existing oil reservoirs.