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For the six months ended 30 June 2020, Zargon Oil and Gas Ltd revenues decreased 69% to C$4.8M. Net loss totaled C$33.8M vs. income of C$24.5M. Revenues reflect Petroleum sales segment decrease of 71% to C$4.9M, Crude Oil Production, Total decrease of 42% to 166K barrels, Oil Equiv. Production (B/D)-Alberta Sout decrease of 34% to 1K barrels per day. Net loss reflects Avg. Production Costs per Barrel, Total increase of 19% to C$35.93 per barrel.
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Revenue | 0.47 | 4.29 | 6.89 | 7.07 |
Gross Profit | -1.4 | -0.28 | 2.2 | 2.45 |
Operating Income | 0.8 | -36.84 | -0.95 | -1 |
Net Income | 0.72 | -34.52 | -1.05 | -0.91 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Total Assets | 49.94 | 65.45 | 101.44 | 104.27 |
Total Liabilities | 61.8 | 72.94 | 74.83 | 76.47 |
Total Equity | -11.86 | -7.49 | 26.6 | 27.81 |
Period Ending: | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -1.12 | -0.05 | 2.22 | 2.46 |
Cash From Investing Activities | -0.75 | -0.47 | -3.62 | -2.48 |
Cash From Financing Activities | 0.2 | 0.2 | -0.67 | -0.34 |
Net Change in Cash | -1.67 | -0.32 | -2.06 | -0.35 |
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