|By Marketwired .||
|December 16, 2013 05:01 PM EST||
CALGARY, ALBERTA -- (Marketwired) -- 12/16/13 -- Zargon Oil & Gas Ltd. (TSX: ZAR)(TSX: ZAR.DB) ("Zargon") confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2014 to shareholders of record on December 31, 2013.
Unless otherwise indicated, all dividends paid by Zargon are "eligible dividends" for Canadian tax purposes.
Based in Calgary, Alberta, Zargon's securities trade on the Toronto Stock Exchange and there are currently approximately 30.088 million common shares outstanding.
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.
In order to learn more about Zargon, we encourage you to visit Zargon's website at www.zargon.ca where you will find a current shareholder presentation, financial reports and historical news releases.