Se der ja, alt legges til rette for ny utvanning og pengehenting. Gutta her har nesten sort belte i pengehenting nå.
ny emisjon?
Nye dresser, ny emisjoner. Sel jeg blir Skikkelig god bullshitdetektor når selskap er notert på 3-4børser paralellt
Nøkkelord i meldingen: “begin Evaluation of opportunity”
Det er helg! Da passer denne bra!
Har du vært med ned til 10 øre og fortsatt hausser aksjen?
@noen: mulig å sjekke om Kaizers egentlig er IR-ansvarlig hos Zenith?
The exclusivity agreement in Nigeria is exciting for Zenith and IMO a disaster for ADM. If you read the ADM forum in the UK it is full of investors there who are begging the company to issue a clarification on their ownership of OML141 and yet they are completely silent on it. It may be an assumption but it leads me to the conclusion that they are not clarifying things because they can’t clarify things.
Zenith’s RNS is pretty clear by comparison. They make it clear that Noble-Hill-Network Ltd own 100% of the Risk Services Contract for OML141 and therefore it is impossible for KONH to own 70% of it. I cannot see any way that if Zenith exercise their exclusivity agreement that ADME will end up holding any value in any of the asset. I also find it very suspicious that ADM did not make any payment directly to Noble-Hill-Network Ltd but instead they
Working on the assumption that Zenith will be able to buy the rights (or at least a proportion of them) for OML141 (for the reasons mentioned above) then we have to look at what kind of asset we have acquired. We already know that there are two discovered field and one prospective field with an estimated 232 million barrels of oil and the potential to increase to 500 million. We also know that in the last investor conference call Andrea stated that Nigerian assets produce in excess of 3,000 bopd almost without exception.
However, where things become really interesting is when we look at the information on OML141 that has been put out on the ADME website. In their RNS from 28th April (https://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=31806576&company=admenergy) it says very clearly that they expect that the first well that they would drill would produce 4,000 bopd. This fits in exactly with what AC was suggesting about Nigerian volumes. ADM also suggested that the Barracuda license alone could produce approx. 23,000 bopd from 6 wells – so again we are looking at just under 4,000 bopd per well.
Obviously, we do not know how much money we are going to pay if we go ahead with the agreement or how much of a share of the license we are going to get but again, judging by the amount of money that ADM suggested that they would pay (which was $1.3 million for their 51% of KOHN’s 70%) then it is not going to break the bank to acquire a substantial share in an asset that could have huge upside.
Obviously Zenith still have to do their due diligence on the asset (and this will presumably include making sure that ADM do not have access to 70% of Barracuda) and after this they have to agree terms but I like where it is going. Andrea promised us that we were looking at a number of potentially company-making asset in Nigeria and this could be the one. I guess we will find out pretty soon.
Vet hva mange synes om denne, men tok et lodd her på 0,1220. Selger om den closer under støtten på 0,12. Synes den teknisk ser interessant ut, Ser ikke dette ut som et cup and handle-mønster i emning?
Flere positive meldinger den siste tiden, den siste om rekord-inntjening fra strømproduksjon i Italia pga høye strømpriser.
https://newsweb.oslobors.no/message/542477
September 16, 2021
ZENITH ENERGY LTD.
(“Zenith” or the “Company”)
Record electricity production revenue in Italy
Zenith Energy Ltd. (“Zenith” or the “Company”) (LSE: ZEN; OSE: ZENA), a listed international company producing oil, natural gas and electricity, is pleased to announce that its electricity production activities in Italy have been generating record profitability.
The Company has been generating an average of approximately 900 MWh per month at the Torrente Cigno concession, where low-grade natural gas production is used to generate electricity.
Electricity has been sold at an average sale price of approximately EUR 110 per MWh resulting in net revenues of approximately EUR 110,000 per month. The current net production costs are approximately EUR 35,000 per month. The outlook for electricity generation in Italy appears attractive for the remainder of the year.
Luca Benedetto, Chief Financial Officer and Managing Director of Italian operations, commented:
“We are delighted with the record profitability of our electricity production at Torrente Cigno made possible by the favourable price of electricity in Italy at this time.
By way of comparison, electricity prices in September 2020 were in a range between approximately EUR 45 - 55 per MWh.
It is our intention to replicate our successful model of electricity production at Torrente Cigno on a larger scale in certain African jurisdictions, following the identification of a suitable oil and gas production asset.
It is important to underline that gas-powered electricity generation is significantly more environmentally friendly than using coal because of the comparatively much lower carbon content.”
Further Information:
Zenith Energy Ltd
Andrea Cattaneo, Chief Executive Officer Tel: +1 (587) 315 9031
E-mail: info@zenithenergy.ca
Allenby Capital Limited - Financial Adviser & Broker
Nick Harriss
Nick Athanas Tel: + 44 (0) 203 328 5656
The information included in this announcement is defined as inside information pursuant to MAR article 7 and is publicly disclosed in accordance with MAR article 17 and section 5 -12 of the Norwegian Securities Trading Act. The announcement is made by the contact person.
Notes to Editors:
Zenith Energy Ltd. is an international oil and gas production company, listed on the London Stock Exchange (LSE:ZEN) and the Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith’s development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the oil & gas sector, specifically in Africa.
Tilapia:
Dette er meget mere spændende ind boringen / resultat av ROB 1 kommende uke:smiley:
AGEOS
Another possible driver of investor interest is that the Congo [Brazzaville] Conseil de Ministres is meeting today at 14.00hrs so understandably there is speculation that Tilapia might be on the agenda. The recent increasing frequency of meetings, ie on Oct 7 & 12 indicates a possible end to months of legislative inactivity, so maybe Stev Onanga the new DG of Hydrocarbons will finally present this for ratification by Council. We will know by Monday.
Looks very promising!
