Zargon Energy Trust is a Canada-based open-end investment trust. The principal undertaking of the Company is to issue Trust Units and to acquire and hold securities of subsidiaries, trusts and partnerships, net profits interests, royalties, notes and other interests. Its direct and indirect subsidiaries and partnerships carry on the business of acquiring, developing, exploring, exploiting and holding interests in petroleum and natural gas properties and assets related thereto. The Company’s major properties are concentrated in four core regions in Alberta, British Columbia, Saskatchewan and Manitoba in Canada and in North Dakota in the United States.