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Zargon Oil & Gas Ltd.

11:47 AM EST - Zargon Oil & Gas Ltd. : reported that the revisions to the Enhanced Oil Recovery royalty program announced last week by Alberta Energy will have a positive impact on the economics of Zargon's Alkaline Surfactant Polymer enhanced oil recovery project at Little Bow in Southern Alberta. Zargon Oil & Gas Ltd.
shares T.ZAR are trading down $0.50 at $8.60.