January 12, 2017 / 10:17 PM / 8 months ago

BRIEF-Zargon Oil & Gas announces hedging of 650 bbl/d of oil

Jan 12 (Reuters) - Zargon Oil & Gas Ltd

* Zargon Oil & Gas Ltd. announces hedging of 650 bbl/d of oil

* Zargon Oil & Gas Ltd says entered into an additional hedge to fix WTI price of oil on 650 barrels per day of oil production

* Zargon Oil & Gas Ltd says additional hedge to fix WTI price of oil on 650 barrels per day of oil production for the period February to December 2017

* Zargon Oil & Gas Ltd says hedge to fix WTI price of oil on 650 barrels per day of oil production at an average of $71.50 in canadian dollars Source text for Eikon: Further company coverage:

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