Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. As of February 12, 2018, the company had proved and probable reserves of 12.45 mmboe. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd. in December 2010. Zargon Oil & Gas Ltd. was founded in 1987 and is headquartered in Calgary, Canada.