Zargon Oil & Gas Ltd. (TSX:ZAR) reports that it has approved the current dividend policy of $0.14 per common share per month for the third quarter of 2011.

The press release is quoted as saying:

Zargon Oil & Gas Ltd. is a Calgary based oil and natural gas company working in the Western Canadian and Williston sedimentary basins with a long history of earnings and distributions/dividends.

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