i am not sure i follow, they lost 1 million cad
"Zenith Energy fikk et driftsresultat på 1,7 millioner kanadiske dollar i seksmånedersperioden frem til 30. september 2022, mot minus 6,4 millioner i samme periode året før.
Det fremgår av selskapets kvartalsrapport onsdag.
Selskapet hadde driftsinntekter på 11,6 millioner kanadiske dollar i perioden (2,3)."
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Håndfaste nyheter rundt gass i Italia.
https://newsweb.oslobors.no/message/577290
…pleased to announce its plans to reactivate certain natural gas production concessions within its Italian portfolio.
Highlights:
• Initial production at the Masseria Grottavecchia Concession (“MGC”) is expected to be approximately 5,000-10,000 cubic metres of natural gas per day, with expected monthly production revenues of between approximately EUR 40,000 – EUR 80,000.
• At the San Teodoro Concession (“STC”), Zenith intends to re-complete the San Teodoro 1 Dir A (“ST-1D”) well, to achieve commercial production from two previously identified gas bearing formations. If successful, production of up to 10,000 cubic meters of natural gas is expected, with revenues of approximately EUR 100,000 per month depending on production.
• Production at the Sant’Andrea concession is now expected to commence during Q1 of 2023
The Company is also pleased to announce that the Ministry of Environment and Energy Security (Ministero dell’ambiente e della sicurezza energetica) has conducted a comprehensive periodic review of the technical and financial capabilities of Zenith’s Italian subsidiary, confirming its status as a company meeting the required standards to operate in Italy.
Edit: På Sant’Andrea er de seg selv like: “The Company is still awaiting certain final bureaucratic formalities to be completed prior to production activities being recommenced.”
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still the volume is low and the price is declining! I would even say that the price is unjustifiably low. what news can we expect short term?
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so when can we anticipate any kind of message, what do you think?
I have no information beyond what has been announced by Zenith.
Speculating I would be surprised if we hear anything before the new year. The latest message about Italy in q1 kind of implies that they won’t do anything big before then. If Benin materialized in the nominal time frame we should already have heard something, so it’s safe to assume this will be another slow process.
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ZENA reported only production in Italy for November. That’s it! I am still waiting for the message. Even replenished yesterday. May be Yemen?
no message! no nothing! total silence.
https://newsweb.oslobors.no/message/579433
Zenith selger 51 prosent av sovende datterselskap
en time siden · Ragnhild Vartdal
Oljeselskapet Zenith Energy har solgt 51 prosent av det sovende datterselskapet Zenith Nederland til Hongkong-baserte Hingbo Industries Company Limited. Det varsler selskapet i en børsmelding fredag.
Zenith-sjef Andrea Cattaneo er fornøyd med å få inn Hingbo som ny strategisk investor i datterselskapet.
– Selskapet vil brukes til fremtidige joint venture-oppkjøp, sier Cattaneo i meldingen.
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Rart de ikke har oppgitt noe pris
Gode medinvestorer i Zenith Energy -
Jeg skal lige love for der bliver udsendt RNS i sidste øjeblik, og det har jeg en kommentar til, jeg må også erkende at jeg får så mange henvendeler på mailen at jeg ikke har timer nok i døgnet til at besvare alle, beklager.
New strategic investor in Zenith Netherlands
Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the energy company with proven revenue generating production, exploration and development assets in Africa and Europe is pleased to announce that it has concluded a share purchase agreement (“SPA”) with Hingbo Industries Company Limited, a company incorporated in Hong Kong, for the sale of a 51% interest in the issued, allotted, outstanding and fully paid-up share capital of its fully owned subsidiary, Zenith Energy Netherlands B.V (“Zenith Netherlands”), for a nominal consideration.
Zenith Netherlands is currently dormant and has no assets.
Andrea Cattaneo, Chief Executive Officer of Zenith, commented:
"We are pleased to welcome a new strategic financial investor in Zenith Netherlands, a company we shall use to pursue potentially highly prospective future acquisition opportunities on a joint venture basis.
The Board looks forward with enthusiasm to updating shareholders on several fronts in due course.”
Min umiddelbare kommentar til ovenstående er følgende, er jeg den eneste der har kæmpet mig igennem alle 504 sider i prospektet (https://wp-zenith-2020.s3.eu-west-2.amazonaws.com/media/2021/11/1862-Project-Brazzaville-Prospectus-2.pdf) ???
Jeg mangler virkelig svar på en række spørgsmål, blandt andet når det bliver oplyst at >Zenith Netherlands is currently dormant and has no assets.< i ovenstående RNS.
MEN samtidig kan jeg læse følgende på side 31
Zenith Energy Netherlands B.V.
Zenith Energy Netherlands B.V. (“Zenith Netherlands”) has its corporate seat in Amsterdam and was
incorporated on 8 April 2020. Zenith Energy Netherlands B.V is a fully owned subsidiary of the Issuer and is
developing the Tunisian market since May 2020. Currently, the Group has no established company in Tunisia.
On 20 April 2020, the Zenith Netherlands had signed a conditional sale and purchase agreement with
KUFPEC (Tunisia) Limited (a 100 per cent subsidiary of Kuwait Foreign Petroleum Exploration Company
K.S.C.C, a subsidiary of the State of Kuwait’s national oil company), for the acquisition of a working interest
of 22.5 per cent in, inter alia, the North Kairouan permit and the Sidi El Kilani concession (the “Tunisian
Acquisition Part I”), which contains the Sidi El Kilani oilfield (“SLK”) and covers an area of 204 square
kilometres, located onshore, in the Pelagian Basin, Eastern Tunisia. On 8 September 2020, Zenith Netherlands
signed a conditional sale and purchase agreement with the China National Petroleum Corporation (“CNPC“)
as seller for the acquisition of its working interest of 22.5 per cent in, inter alia, the North Kairouan permit
and the Sidi El Kilani concession (the “Tunisian Acquisition Part II”, together with the Tunisian Acquisition
Part I “Tunisian Acquisition”). The completion of the Tunisian Acquisition remains conditional on the
approval being granted by the Comité Consultatif des Hydrocarbures of the Republic of Tunisia in respect
of the transfer of the sellers’ rights, title and interest in and under the Tunisian Acquisition to Zenith
Netherlands. Despite the pending approval, Zenith Netherlands already has the right to exploit the Tunisian
assets <
Hvordan hænger det sammen?
Jeg siger IKKE at der er noget galt, jeg skal bare have forklaringen, og det er vi mange der skal have, for der ligner at der er solgt 51% af noget… og derudover så mangler vi nogle tal, kort og godt -
Det bliver et travlt 2023, for AC - for der er mange spørgsmål der skal besvares straks.
Godt nytår til jer alle - vi ses i 2023
Aqualight 
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Hej Norge
Aqualight godt du er inde over
Håber du får svar på dine spørgsmål og vores bekymringer.
Det der bekymre mig mest med denne deal er at AC er blevet mindretals aktionær, vil jo dige at det nye Joint Venture Hingbo selskab i princippet bestemmer.
Måske ser jeg bare spøgelser 
Håber snart at nogle aftaler begynder at rende ind 
Lidt frustrerende at være aktionær i Zenith.
Godt man har oparbejdet tålmodigheds kultur som aktionær i QEC 
Godt Nytår
Dansken
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Good points Aqualight! One question: do you know something about reopening of the Gröeningen oil field or are these just speculations?
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Ladies and Gentlemen: what does this post mean:
Does it mean that the OMV field concession will be sold to ZENA and this is not a good news FOR THE COUNTRY?
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Google translates the tweet to “I am very sorry . Another bad news will be published soon Uqla oil sector”; that can be bad news for anyone, it’s impossible to understand out of context. The sector in question is the same as the one the OMV rumour was about.
Yemen is in the middle of a civil war, and attacks on oil installations has been one of the tools used. Western control over what happens in the Yemen oil industry is also one of the sore points in the conflict. The Houthis' embargo on Yemen's oil exports | Middle East Institute
I would not hold much stock in a single cryptic tweet to begin with, and especially not one connected to a conflict with so many interested parties and different agendas.
Edit: As far as I know MEI does not provide a neutral point of view here, but I feel like this article provided some context to the latest news from Yemen, which at least the Norwegian press mostly does not even mention.
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I understand your point, but in my view the post mean exactly that: the concession will be handed over from OMV to ZENA and it is bad for the country and good for the BAD government of Yemen. Sounds logical?
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Yes, I agree that is a reasonable interpretation of the tweet.
But this is still interpretation of a rumour on Twitter, it’s not something that you should base investment decisions on in my opinion. By now you understand that I am more cautious than a lot of Zenith posters here, so I won’t emphasize the point any more. I hope you are right, but I do not share your optimism.
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I was right! thanks guys and gals!
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what do yo think, what is the sort-term tip? when will the share be more expensive on Friday or in 1 months time?
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