11:43 AM EST - Zargon Oil & Gas Ltd. : announced that it has completed the Little Bow ASP tertiary oil recovery project design studies and is proceeding with the project's detailed engineering and the procurement of long lead-time equipment. This tertiary oil recovery project entails the injection of chemicals in a water solution into the Southern Alberta Little Bow Upper Mannville I pool reservoir to recover incremental oil reserves. Zargon Oil & Gas Ltd.
shares T.ZAR are trading up $0.36 at $14.37.
