Zargon Oil & Gas Ltd. (TSX:ZAR) ahs engaged Macquarie Capital Markets Canada Ltd. as exclusive financial advisor to evaluate strategic alternatives available to Zargon which may include a sale of the company or a portion of the company's assets, a restructuring of the company's current capital structure, the addition of capital to further develop the potential of the assets, a merger, a farm-in or joint venture, or other such options as may be determined by the Board of Directors to be in the best interests of the company and its stakeholders.