Zenith Energy
| File:Zenith Energy Logo.png | |
| Public | |
| Traded as | LSE: ZEN |
| ISIN | 🆔CA98936C1068 |
| Industry | Energy |
| Founded 📆 | June 22, 2007 |
| Founder 👔 | Andrea Cattaneo |
| Headquarters 🏙️ | Vancouver, British Columbia, Canada |
Area served 🗺️ | |
Key people | |
| |
| Members | |
Number of employees | |
| Subsidiaries | Zenith Energy Congo SA |
| 🌐 Website | https://www.zenithenergy.ca/ |
| 📇 Address | |
| 📞 telephone | |
Zenith Energy Ltd. is an international energy company headquartered in Vancouver, Canada.[1] The company is listed on the London Stock Exchange (LSE: ZEN) and the Oslo Stock Exchange (OSE: ZENA).[2][3] The company is active in Tunisia, Italy and the Republic of the Congo.
History[edit]
Zenith Energy was incorporated in Vancouver, Canada in the year 2007 by Andrea Cattaneo.[4][5]
Current Operations[edit]
The company is active in Tunisia, Italy and the Republic of the Congo. It owns and operates a 1,200 hp drilling rig and a workover rig.[6]
Tunisia
In 2021, Zenith Energy acquired a working interest in the producing Ezzauoia, El Bibane and Robbana concessions.[7] Its current onshore portfolio in Tunisia produces a net of approximately 650 bopd, and the company says it is aiming to reach 1000 bopd in the near future.[7] As of June 8, 2022, the company has restarted the operation of onshore well ROB-1. Production at this well had been suspended due to water influx as a result of poor construction in 1988.[8]
Republic of the Congo
Zenith Energy purchased 100% of Anglo African Oil & Gas Congo S.A.U. ("AAOG Congo") on May 5, 2020.[7] Until the expiry of their license on July 18, 2020, the company operated the "Tilapia I" field. In 2021, the company received $128,000 from a subsidiary of Societe Nationale des Petroles du Congo (SNPC) for past oil production from the Tilapia I license.[9] On December 23, 2020, the Ministry of Hydrocarbons of the Republic of the Congo confirmed that they were the winning bidder for "Tilapia II", a new 25 year license for the same field.
Italy
The company holds six onshore natural gas production concessions in Italy, from which it sold 12,713 mcf in 2021.[7][10]
Benin
The company recently presented an offer for a 9-year license for the operation of Block-1 the Sèmè oilfield, the largest field in the country.[11]
References[edit]
- ↑ "About". Zenith Energy Ltd. Retrieved 2023-02-10.
- ↑ "London Stock Exchange | London Stock Exchange". www.londonstockexchange.com. Retrieved 2023-02-10.
- ↑ "ZENITH ENERGY NOK 0.094 | Euronext exchange Live quotes". live.euronext.com. Retrieved 2023-02-10.
- ↑ "Zenith Energy (CA) Share Price - LON:ZEN Stock Research". Stockopedia. Retrieved 2023-02-10.
- ↑ "Our Team". Zenith Energy Ltd. Retrieved 2023-02-10.
- ↑ "Zenith Energy - The Energy Year". 2021-11-03. Retrieved 2023-02-10.
- ↑ 7.0 7.1 7.2 7.3 Energy, Zenith (March 31, 2021). "Zenith Energy Ltd. Annual Report and Financial Statements" (PDF) – via annualreports.
- ↑ "Tunisia: Zenith Energy to restart ROB-1 oil well on June 8". African Manager. 2022-06-02. Retrieved 2023-02-10.
- ↑ "IN BRIEF: Zenith Energy gets payment for oil production in Congo". MorningstarUK. Retrieved 2023-02-10.
- ↑ News, Alliance (2022-12-02). "Zenith Energy progresses Italian concessions on bureaucratic approval". MorningstarUK. Retrieved 2023-02-10.
- ↑ "Zenith Energy submits offer for biggest oilfield in Benin". intellinews.com. 2022-09-26. Retrieved 2023-02-10.
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