CALGARY, ALBERTA--(CCNMatthews - March 27, 2007) - Zargon Energy Trust (TSX:ZAR.UN) (TSX:ZOG.B) ("Zargon") has filed its audited Consolidated Financial Statements for the year ended December 31, 2006 and related Management's Discussion and Analysis with Canadian securities regulatory authorities. Zargon has also filed its Annual Information Form for the year ended December 31, 2006, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101 of the Canadian Securities Administrators. Copies of these documents may be obtained via www.sedar.com.
Based in Calgary, Alberta, Zargon's securities trade on the Toronto Stock Exchange (TSX). Trust units of Zargon Energy Trust trade under the symbol "ZAR.UN" and the exchangeable shares of Zargon Oil & Gas Ltd. trade under the symbol "ZOG.B".
In order to learn more about Zargon, we encourage you to visit Zargon's website at www.zargon.ca where you will find a current shareholder presentation, financial reports and historical news releases.
FOR FURTHER INFORMATION PLEASE CONTACT:
Zargon Energy Trust
President and Chief Executive Officer
Executive Vice President and Chief Financial Officer