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Stable Distributions
Zargon has distributed $0.18 per trust unit per month for the past 52 months as of February 2010, one of the few Canadian oil and gas trusts to maintain stable monthly distributions during the worldwide economic downturn and the recent cycle of low commodity prices.

Oil Production Weighting
Since Q4 2007, Zargon has focused on oil-weighted acquisitions and exploitation projects and has successfully increased its oil production weighting from 42 percent to 52 percent (6:1 equivalency basis).

Balance Sheet Quality
During the last two years, Zargon has captured accretive property and corporate acquisitions in a down market for equities and asset prices, while maintaining its balance sheet strength.

Reserve Quality
Zargon’s reserves do not require significant future capital to develop; 87 percent of Zargon’s proved and probable reserves are assigned to the proved and probable developed producing category.

Extended Tax Horizon
Zargon has extended its tax-free horizon in preparation for conversion to a corporation at the end of this year. Based on current forward commodity prices, our tax pools help support dividends for at least the next three years.

Future Dividend-Paying Company
As a corporation, Zargon intends to continue to distribute monthly income to investors in the form of a dividend, with the goal of delivering consistent double-digit returns.

Our goal will be to deliver stable or growing dividends based on a target of approximately 35 percent of funds flow from operating activities, down from the current 50 percent trust distribution policy.

Zargon's focus is on stability and consistency over the long term. A commitment to technical excellence and execution in the exploitation of its assets has created a solid track record and a foundation for the future.


PERFORMANCE AND STABILITY

To view a copy of the August 11, 2010 Corporate Presentation, please click here. (PDF 1,037 KB)

Zargon will be participating in the 21st Annual CAPP Oil & Gas Investment Symposium on June 15th and 16th, 2010, in Calgary, AB. Please click here, for the webcast link to the presentation.

On April 9, 2010, Zargon announced the adoption of a Distribution Reinvestment Plan ("DRIP"). To view a copy of the Plan, please click here.

(PDF 129 KB)

To view a copy of the 2009 Year End Reserves Information and Operational Update, please click here.

(PDF 55 KB)

2010 Release Date Schedule

(PDF 31 KB)

Distributions
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Source: TSX Inc. Disclaimer

Current distribution amount
$0.18 per trust unit

Date payable
September 15, 2010

Ex-distribution date
August 27, 2010

Record date
August 31, 2010

Certificates

Certificate of Amalgamation (Zargon Oil & Gas Ltd., Masters Energy Inc. and Churchill Energy Inc.)
(PDF - 24KB)

Certificate of Amalgamation (Churchill Energy Inc. and Welton Energy Corporation)
(PDF - 24KB)