Zenith Energy Ltd.

Zenith Energy Ltd. is pleased to provide an update regarding well C-37 operations. The Company can confirm that, in order to optimise future production from well C-37, it will install a custom-built bridge plug to isolate the Upper Cretaceous formation and enhance the long-term productivity to be obtained from the Middle Eocene formation. Zenith expects that, following the installation, and when the well is placed in full [...]

Zenith Energy Ltd. announces that the Company has decided to discontinue its plans to acquire a Norwegian oil & gas company, Nordic Petroleum AS, by way of an exchange of equity, as announced on November 4, 2019. Due to unexpected complications and potentially high costs to complete the Proposed Acquisition, the Board has decided not to proceed with the Proposed Acquisition. Zenith will continue with its plans to [...]

Zenith Energy Ltd. is delighted to announce that it has signed a share purchase agreement with AIM quoted Coro Energy Plc for the acquisition of Coro's entire natural gas production and exploration portfolio in Italy. Acquisition Highlights - The Acquisition will add material production to the Company's existing Italian operations, resulting in the creation of a significantly enlarged, revenue generating, low-risk [...]

November 20, 2019 - TheNewswire - Calgary, AB - Zenith Energy Ltd., , ; ; , the international oil & gas production company, is pleased to announce that Rating-Agentur Expert RA has assigned Zenith a "B+" with Stable Outlook debt issuer credit rating. RAEX is an independent European Credit Rating Agency with more than 20 years of experience in the rating and analytical industry. It is registered with the European [...]

Zenith Energy is pleased to announce the filing of its consolidated quarterly results for the three and six month period ended September 30, 2019. In accordance with Canadian securities laws, filing of the Company's quarterly results was performed on November 14, 2019. A copy of these documents will shortly be available for review on the Company's. Highlights for the three and six month period ended September 30, 2019 [...]

November 6, 2019 - TheNewswire / Zenith Energy Ltd., , , the international oil & gas production company, is pleased to announce the approval of its Base Prospectus for the issuance of EUR 25,000,000 unsecured, multi-currency Euro Medium Term Notes at par value on the Third Market of the Vienna Stock Exchange . The Notes can be issued in tranches at Zenith's discretion up to an aggregate principal amount not to exceed the [...]

November 4, 2019 - TheNewswire - Zenith Energy Ltd., , , the international oil & gas production company, is pleased to announce that it has formalised an offer to acquire a Norwegian oil & gas company, Nordic Petroleum AS , by way of an exchange of equity. The proposed acquisition is structured to be for a minimum of 90 percent of the outstanding shares in Nordic with a proposed equity exchange of 100 Nordic common shares [...]

Zenith Energy Ltd. is pleased to inform that has now fully closed the private placing on the Merkur Market of the Oslo Borse. Following up on the Company's previous announcement of October 22, 2019, whereby the Company announced increased participation in its Norwegian private placement, the Company announces that it has successfully closed a further increased amount of 8,977,143 new common shares for additional gross [...]

October 23, 2019 - TheNewswire - Calgary, AB - Zenith Energy Ltd., , ; ; , the international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce that it has successfully further reduced its debt position with a specific focus on the elimination of all short-term debt positions. Loan Facility for US$1,485,000 and accrued interest The Company can today confirm that it [...]

October 21, 2019 - TheNewswire - Calgary, AB - Zenith Energy Ltd., , ; ; , the international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce a Private Placement on the Merkur Market of the Oslo Stock Exchange. The Company has successfully raised gross proceeds of NOK 6,133,000 to subscribe for 17,522,857 common shares of no par value in the capital of the Company [...]