Zargon Energy Trust

Zargon Energy Trust (the "Trust") was created from the acquisition of all of the operational, financial and intellectual assets of Zargon Oil & Gas Ltd. on July 15, 2004. Our business is exploitation. We use our technical skills to understand the mechanics of individual reservoirs and then apply technologies to increase the recovery of undrained oil or natural gas. These reservoirs are the feedstock for increasing our production and adding reserves. At any time, we are working on a large number of projects, some of which take years to bring into full development. Some of our pools might be considered small by industry standards, but these projects are long term with very attractive economics.

"The exploration and development of shallow and medium depth multi-zone targets" may be oil and gas jargon, but for Zargon Energy Trust, it's the strategy not the jargon that is important. The company focuses on holding interests in hydrocarbon assets in the Western Canadian and Williston sedimentary basins.