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BRIEF-Zargon Oil & Gas qtrly net loss $0.58 per share

March 15 Zargon Oil & Gas Ltd

* Zargon oil & gas ltd. Provides 2016 fourth quarter and full year financial results

* Zargon oil & gas ltd - zargon's q4 2016 production volumes averaged 2,449 barrels of oil equivalent per day which was two percent lower

* Zargon oil & gas ltd- 2017 capital budget has been set at $7.8 million

* Zargon oil & gas ltd says projected to maintain production at stable 2017 guidance levels of 2,500 barrels of oil equivalent per day

* Says zargon will continue with its strategic alternatives process

* Zargon oil & gas ltd - qtrly net loss $0.58 per share Source text for Eikon: Further company coverage:

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