Zargon Oil & Gas appoints additional director

Zargon Oil & Gas Ltd announces the appointment of Glenn Koach to the Board of Directors. Mr. Koach is currently Co-Founder/Portfolio Manager of Concise Capital Management, LP. (Concise). Concise is an SEC-registered investment adviser with currently over USD 340M in assets under management that specializes in short duration, under-followed high yield bonds. Founded in 2004 by Glenn Koach and Tom Krasner, Concise is based in Miami, Florida. Mr. Koach has over 30 years of experience in managing short-term, high-yield funds.

Mr. Koach is an experienced corporate executive holding key positions with both public and private companies, including serving as CEO of Group Long Distance, Inc. (GLDI) and Vice President of Strategic Planning for Tribune Cable Communications. Mr. Koach began his career as Senior Tax Specialist for Peat, Marwick, Mitchell & Co. and was a CPA. Mr. Koach holds a Bachelor of Science in Economics with a major in Finance and Accounting from the Wharton School at the University of Pennsylvania.

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