August 10, 2016 / 9:42 PM / in a year

BRIEF-Zargon Oil & Gas qtrly loss per basic share $0.17

Aug 10 (Reuters) - Zargon Oil & Gas Ltd

* Zargon oil & gas ltd. Provides 2016 second quarter results

* Due to shut-in of selected uneconomic properties, q2 2016 natural gas production averaged 3.58 million cubic feet per day, down 11 percent

* “strategic alternatives process is continuing”

* Q2 2016 production averaged 3,413 barrels of oil and liquids per day, a three percent decrease from preceding quarter rate

* Qtrly loss per basic share $0.17 Source text for Eikon: Further company coverage:

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