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Zenith Energy (ZEN) Share News

Zenith Energy does not win Tilapia contract; begins legal action

17th Feb 2023 13:37

(Alliance News) - Zenith Energy Ltd on Friday said that Olive Energy E&P has been awarded a licence to operation the Tilapia oilfield in the Republic of the Congo. Read More

CORRECT: Getech signs deal; AfriTin confirms name change

11th Jan 2023 09:30

(Corrects that Zenith Energy is based in Canada, not in Scotland.) Read More

TRADING UPDATES: Getech signs deal; AfriTin confirms name change

10th Jan 2023 21:34

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

UPDATE: Zenith Energy subsidiary acquires 100% of oil producer

3rd Jan 2023 13:56

(Alliance News) - Zenith Energy Ltd on Tuesday said its subsidiary Zenith Energy Netherlands BC has agreed to acquire 100% of Yemen-focused oil producer OMV Exploration & Production GmbH's share capital in three companies. Read More

Zenith Energy shares jump on sale of subsidiary shares

3rd Jan 2023 11:09

(Alliance News) - Zenith Energy Ltd on Tuesday said it has concluded a share purchase agreement with Hingbo Industries Company Ltd for the sale of subsidiary shares. Read More

TRADING UPDATES: Securities Trust of Scotland outperforms benchmark

6th Dec 2022 17:11

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

Zenith Energy progresses Italian concessions on bureaucratic approval

2nd Dec 2022 17:10

(Alliance News) - Zenith Energy Ltd on Friday said it plans to reactivate certain natural gas production concessions within its Italian portfolio, following the renewed confirmation of its technical and financial capabilities as an operator by the Italian oil and gas authorities. Read More

Zenith Energy profit drops after one-off gain; eyes Benin prospect

30th Nov 2022 11:22

(Alliance News) - Zenith Energy Ltd on Wednesday reported big fall in profit despite revenue multiplying, after a one-off gain a year before wasn't repeated. Read More

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

14th Nov 2022 19:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Friday not separately reported by Alliance News: Read More

TRADING UPDATES: Braveheart Investment ups stake in Aukett Swanke

5th Oct 2022 21:27

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Zenith submits offer to Benin government for Seme oilfield license

22nd Sep 2022 11:37

(Alliance News) - Zenith Energy Ltd on Thursday said that it has made an offer to the government of Benin for the award of an initial nine-year licence to operate Block 1 in the Seme oilfield, offshore Benin. Read More

SMALL-CAP WINNERS & LOSERS: Smiths News rises on strong second half

22nd Sep 2022 11:04

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More

IN BRIEF: Zenith Energy shares rise with record revenue in Italy

2nd Sep 2022 11:54

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Produces a total of approximately 985.6-megawatt hours in August from the operations at its Torrente Cigno Concession in Italy. Records net revenue of roughly EUR530,000, as electricity prices average EUR538 per megawatt hour. States that the revenue represents a record. Read More

TRADING UPDATES: Thor Explorations, Zenith Energy post swing to profit

30th Aug 2022 16:13

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: Zenith Energy posts record electricity profit in Italy

18th Aug 2022 12:44

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Updates on electricity production at Torrente Cigno Concession in Italy over July. Produces around 996.5 megawatt hours. Brings in EUR417,000 in revenue on average electricity prices of EUR419 per MWh. Says net production costs remain fixed at around EUR35,000. The month is "the highest profitability" ever achieved in Italy by the firm, it says. Read More

IN BRIEF: Zenith Energy plans to reactivate the Sant'Andrea concession

13th Jul 2022 15:34

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Says it is finalising plans to reactivate the Sant'Andrea natural gas production concession, onshore Italy, in which it holds a 40% interest through its Italian subsidiary. Production is expected to start in the final quarter of 2022. The concession covers 164.3 kilometres. It was first granted in 1992 and is due to expire in 2027. Two wells have been drilled in the concession, Antonio-1 and Anzano-1. Company intends to reactivate the Antonio-1 well, with an expected initial production rate of 1,300 cubic metres of natural gas a day. Estimated net revenue are expected between EUR40,000 to EUR50,000 per month. Read More

IN BRIEF: Zenith Energy returns to production at Robbana in Tunisia

24th Jun 2022 10:16

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Confirms that the ROB-1 well at the Robbana concession in onshore Tunisia has returned to production following the installation of a new packer. The well is currently producing at a rate of 30 barrels of oil per day. Company says a production rate between 40 and 50 barrels of oil per day may be achieved once the well is given time to stabilise. Read More

IN BRIEF: Zenith Energy eyes increased electricity production in Italy

14th Jun 2022 16:06

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Produces a total of 875.6 megawatt hours at its Torrente Cigno concession in Italy during the month of May. Electricity prices during the month averaged EUR223 per megawatt hours, resulting in net revenue of EUR195,000. Zenith adds that its current production costs remain fixed at EUR35,000 per month. Read More

TRADING UPDATES: Cloudbreak signs royalty agreement; TomCo drills

31st May 2022 20:01

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

3rd May 2022 21:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

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