ZENITH 2023

Denne tråden er stengt for nye innlegg.
31.08.2023 kl 16:08
Automatisk lukket grunnet trådens størrelse. (Beklager.)

Just wanted to wish everyone a happy Christmas and especially a successful and prosperous new year for all Zenith holders, I believe we have a very good year ahead of us with lots of profit. Enjoy
Redigert 26.12.2022 kl 12:10 Du må logge inn for å svare

Det selges ikke på billigsalg lenger er det jeg ser, i mine øyne er det positivt.
Calebs
02.01.2023 kl 11:51 4247

Blir jo lempet ut salgordre på nivåer folk her påsto vi aldri kommer til å få se igjen og de blir heller ikke kjøpt🤣 vil folk ut her må vi ned på 0.08. Lykke til 😊
Furuen
02.01.2023 kl 12:19 4206

In due course betyr «etter hvert»...og det er slett ikke så veldig «imminent».

Solid investor som kan trå til når det trengs er meget fordelaktig. Det har vært en hektisk høst på mange fronter, når det akkumuleres i at vi trenger en institusjonell investor, betyr det at det er behov for det. Jeg er mye mer optimistisk nå enn på lenge:) Godt nyttår investorer, hold ut :)
Calebs
02.01.2023 kl 14:54 3994

Nettopp mitt poeng. Ingen som kjøper til og med når det blir lagt på billigsalg (ifølge engelskmennene)
Gullit
02.01.2023 kl 15:07 3969

Virker som mange er inne nå for å være med på kommende opptur. Alt ligger tilrette for ett solid 2023. Inntektsstrømmen har aldri vert bedre enn 2022, noe som selvsagt blir lagt merke til når nye avtaler skal landes. Blir virkelig overrasket om det ikke kommer en game changer avtale den ene eller andre plassen for Zenith . Lykke til alle sammen.

Calebs har hatt omgangssyka i Zenith i et halvt år nå. Gratulerer med jubileet :)
Furuen
02.01.2023 kl 16:07 3888

Solid investor? Du finner de ikke på Google en gang. Og hvor mye betalte de for 51 % av selskapet.
Gullit
02.01.2023 kl 16:29 3819

Var nok nærmere 10 øre enn 8 ja. Synes selgersiden er stabile no. Er ingen grunn til å selge billig. Sinnsyk bra P/E selv uten nyheter..
Gullit
02.01.2023 kl 16:30 3849

Av datterselskapet som ligger i dvale.. ta med det


Datterselskapet er for tiden sovende og har ingen eiendeler.
Hva forventer du av pris??
Redigert 02.01.2023 kl 16:32 Du må logge inn for å svare
Furuen
02.01.2023 kl 18:12 3659

Forventer ingen ting, men kunne jo vært artig å vite all den tid de tar seg bryet med å børsmelde dette.
Calebs
02.01.2023 kl 19:23 3559

Noen av dere som har hørt om den uavhengige ungdommen i Shabwa? Vil ikke tro de har så stor påvirkningskraft, men kan de få med folket?
RKW
02.01.2023 kl 23:11 3357

var ikke det en eldre skoleavis artikkel?
Calebs
02.01.2023 kl 23:37 3434

Hvordan kan det være eldre når det gjelder yemen?

Zenith i Yemen er vel relativt nytt. Organisasjonen utalte seg med at "regionen har lidd under tap av rettigheter, plyndring av rikdom, marginalisering og berøvelse av de enkleste av dem, og rikdommen som landet vårt inneholder har blitt en svøpe for oss, med sykdommene og konfliktene som er etterlatt av våre regioner og vårt land generelt over mange tiår."

Han la til at "forhandlingene pågår i full gang for å overlate sektoren til selskapet ( ZENITH ENERGY ), som vil gjøre det mulig for OMV å flykte fra sine forpliktelser, som spesialister estimerte til hundrevis av millioner dollar, om ikke milliarder - en korrupsjon avtale anslått til mer enn $75 millioner vil bli vedtatt i kontrakten for implementering av oljerørledningen." Fra sektor 5 til en annen sektor.



Den uavhengige ungdommen i Shabwa oppfordret statsadvokaten til å åpne en hasteundersøkelse av saken og involvere representanter fra folket i provinsene hvis sektorer blir plyndret, for å fremlegge bevis og bevis i deres besittelse.


Noen tanker om dette?

Eller er det fy fy å komme meg slikt her inne?

PS; Jeg kom over dette i en random discord gruppe. Så ta det med en klype salt.
Jeg har ikke gjort så mye research på dette, lurer på om noen her har satt seg mer inn i det.


Hva med risken ang krig i yemen?
https://theintercept.com/2023/01/01/biden-yemen-war-diplomacy/

personlig tror jeg yemen er en tabbe for Zenith, men de har heldigvis flere ben å stå på (teoretisk).






Redigert 02.01.2023 kl 23:45 Du må logge inn for å svare
Galv
03.01.2023 kl 01:56 3435

Yes finally this can be a game changer for Zenith-
Yemen looks like come first.
Next TLP2 or Benin.
I am waiting news about Tunisia - i feel AC have some not so good news from this country and why not informed before.
Yes 2023 rocket startet for Zenith 🚀
Calebs
03.01.2023 kl 02:38 3604

Nå kan ikke jeg arabisk, men oversetningen i seg selv er ikke så bull??
#olje _ og _ gass _ skandaler
Jeg er veldig lei meg . En annen dårlig nyhet vil bli publisert snart om Al-Uqla oljesektoren #Shabwa..






Viking_I
03.01.2023 kl 03:12 3605

If anyone one buy field from OMV it will be same headline. It's common practice in Africa and ME to ridicule any deal.
Deal done in last December. 220 million millon barrels of reserve in S2 field with abundan gas to produce electricity.
You can cover your short first.
Redigert 03.01.2023 kl 03:15 Du må logge inn for å svare
Galv
03.01.2023 kl 03:53 3587

Hi Calebs
You only read news from 26 dec.
Please 220 m tønner med olje er enormt mye for zenit med pris på totalt 150 m nok. Zenith prises da under 1 kr pr tønne med olje bare i yemen.
Det kommer nok utregninger seinere i dag på verdi dette utgjør for Zenith .
Ja anbefaler og dekke in short Asap - her skal det handles extra aksjer - 🛢🏦💵🚀👌
Redigert 03.01.2023 kl 03:54 Du må logge inn for å svare

https://newsweb.oslobors.no/message/579532

Signing of SPA for acquisition of OMV Yemen

January 3, 2023

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Signing of SPA for acquisition of OMV Yemen

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 a company in which it holds a 49% interest, Zenith Energy Netherlands B.V. (“Zenith Netherlands”) has entered into a share purchase agreement (“SPA”) with OMV Exploration and Production GmbH (“OMV” or the “Seller”) to acquire 100% of the outstanding share capital of OMV (Yemen Block S 2) Exploration GmbH, OMV Jardan Block 3 Upstream GmbH and OMV Block 70 Upstream GmbH (collectively “OMV Yemen”), which are all companies incorporated and existing under the laws of Austria.

About OMV Yemen

Production Assets

Block S-2

OMV Yemen is one of the largest oil producers in the country with a highly prospective portfolio including a balance of immediate production, as well as a balance of short and long-term growth opportunities.

Block S-2 was discovered in 1992 by Oxy and declared commercial in 2005 by OMV following its acquisition of Preussag Energie International in 2003.

OMV (Yemen Block S 2) Exploration GmbH operates and holds a 44% working interest, with partners including SINOPEC (37.5% working interest), YOGC (12.5% working interest) and YRL (6% working interest).

OMV Yemen holds a financial interest of 57.14% in production from Block S-2.

Gross production during 2021 averaged approximately 7,400 barrels of oil per day (“BOPD”) and the field remains in the ‘primary depletion’ stage with highly material unexploited potential.

Historical production from S-2 was maintained at approximately 15,000 BOPD through sustained drilling activity until 2015.

No new wells have been drilled since 2015 when force majeure was declared due to regional instability and production was temporarily suspended.

Production activities were resumed in 2018 at an average gross rate of 17,500 barrels of oil per day and have declined, in view of no new drilling activities, to a gross average of approximately 6,000 barrels of oil per day as of January 1, 2022.

Production costs of approximately US$28 per barrel.

Gross 1P Reserves (Proved) have been estimated as 13.15 million barrels of oil using the independent DeGolyer & McNaughton reserves evaluation dated December 31, 2017, as reference and subtracting confirmed oil production during the period 2018-2021.

Gross 2P Reserves (Proved + Probable) have been estimated as 30.74 million barrels of oil using the independent DeGolyer & McNaughton reserves evaluation dated December 31, 2017, as reference and subtracting confirmed oil production during the period 2018-2021.

Crude oil production is transported by truck 80km to Block 4, then 200km by pipeline for export at the Al Nushaima port. Construction of a new central processing facility (“CPF”) has been largely completed with a storage capacity of approx. 100,000 barrels of crude oil.

Strong management team and highly competent personnel with over 300 staff.

A number of ready to execute near-term growth opportunities are available, by way of an already formulated workover and a phased infill drilling and sidetrack programme for six new wells, to enable production to potentially return to 15,000 BOPD.

Exploration Assets

OMV Yemen holds a balanced exploration portfolio comprising Block 3 (34% working interest) and Block 70 (19.24% working interest).

Prospects range from easily monetised low-risk exploration to high-risk, high-reward exploration.

Current exploration activities have identified significant potential near-term development opportunities.

Block 3

OMV Jardan Block 3 Upstream GmbH holds a financial interest of 36.17% in Block 3.
Gross oil resources have been estimated at about 60 million barrels unrisked by OMV.
1035 km2 3D and 2,100 km 2D seismic is held in respect of Block 3.
No remaining work commitments for Block 3.



Block 70

OMV Block 70 Upstream GmbH holds a financial interest of 20.25% in Block 70.
Gross oil resources have been estimated at about 70 million barrels unrisked by OMV.
1,200 km 2D seismic (410 km reprocessed) is held in respect of Block 70.
No remaining work commitments for Block 70.

Natural Gas Production Potential

Significant associated gas volumes have been recorded with oil production across OMV Yemen’s portfolio giving evidence of substantial natural gas production potential from S-2, Block 3, and Block 70.

A gas discovery has been made in Block 3, representing a major opportunity for the monetisation of OMV’s Yemen natural gas production, all of which is currently flared.

Several gas production offtake options are already under discussion including the possibility of a connection being made to a local power station or to Yemen LNG.

Zenith may also explore the construction of a ‘Gas-to-Power’(“GTP”) plant, as successfully carried out in Italy, to commercialize gas production and provide additional electricity supply to the local economy.

Gross total recoverable gas volumes have been estimated by OMV, across the OMV Yemen portfolio, to be approximately 571 BSCF.

Andrea Cattaneo, Chief Executive of Zenith, commented:

“The acquisition of OMV Yemen represents a very significant milestone for Zenith Energy.

The existing production from the asset and, more importantly, the near-term future oil and natural gas production indicated by the size of the reserves, position Zenith on an extremely exciting organic growth trajectory.

I take the chance to thank OMV and its management for its cooperation in this transaction. Our technical teams shall continue to work closely together as we enter the handover phase and welcome our new colleagues in Yemen to the Zenith family.

Finally, we look forward with enthusiasm to establishing ourselves in Yemen and contributing to the prosperity of the local economy. It is our belief that the country has extraordinary economic potential, especially in respect of its oil and gas industry, and we shall seek to maximise our relationship with the local authorities to achieve our development objectives.”


Terms of the SPA

Under the terms of the SPA, Zenith Netherlands will, subject to the conditions set forth in the SPA, acquire 100% of OMV’s shares in OMV Yemen at completion for a total consideration of US$ 21,619,000 (the “Base Purchase Price”).
Zenith Netherlands has paid a deposit of US$4,323,800 which shall be credited by the Seller to Zenith Netherlands as part of the Purchase Price upon completion.

The obligations set out in the SPA of the Seller and Zenith Netherlands to consummate the sale and purchase of the shares in OMV Yemen at completion are subject to, inter alia, the approval of the authorities in Yemen, and the approval by the Federal Ministry of the Republic of Austria for Labour and Economy in respect of the transfer of shares from OMV to Zenith Netherlands (“Completion”). The SPA has a longstop date of nine months from the date of signing.

A Transitional Services Agreement (“TSA”) may be signed between OMV and Zenith Netherlands at or around completion to govern certain services to be provided by OMV or its affiliates to Zenith Netherlands after completion if OMV and Zenith Netherlands determine that such agreement shall be required to optimise the handover of OMV Yemen.
About Yemen

• Yemen is located on the southern end of the Arabian Peninsula, sharing a border with Saudi Arabia and Oman.

• The country has significant oil and natural gas reserves sufficient for both domestic demand and international exports, however, it is not currently a major hydrocarbon producer relative to several other Middle Eastern countries.

• Yemen sits on proved hydrocarbon reserves of c. 3 billion barrels of crude oil and 17 trillion cubic feet of gas (US Energy Information Administration). Its main crude export grade is light sweet Masila, with an API gravity of 34.10.

• Until 2009, Yemen reinjected most of its gas production to aid in oil recovery, but has since become an LNG exporter, with the government aiming to increase the use of natural gas in many sectors, including in electricity generation.

-ENDS-


Further Information:

Zenith Energy Ltd

Andrea Cattaneo, Chief Executive Officer
Tel: +1 (587) 315 9031
E: info@zenithenergy.ca

Gross production during 2021 averaged approximately 7,400 barrels of oil per day ("BOPD") and the field remains in the 'primary depletion' stage with highly material unexploited potential.

" Historical production from S-2 was maintained at approximately 15,000 BOPD through sustained drilling activity until 2015.

15000 bopd!!!!
C-Eiken
03.01.2023 kl 11:33 3375

Betyder det så vi (Zenith) ejer 49% af den handel da vi kun har 49% af aktierne i zenith Netherlands eller hvordan hænger hele den struktur sammen ?

buys flooding in

+0.008 (+7.84%)

The stock should be re-rated by the end of this week to at least 50% more than the current share price.
Sia
03.01.2023 kl 11:43 3459

Økte med 2 mill til. ouf. Hadde bestemt meg for ikke å øke, men klarte ikke fristelsen:-)

dette er fantastiske nyheter 60 million!

Det betyr at Zenith netherlands eier 100% av OMV Yemen, som igjen eier 57.14 av block s-2. Block S-2 produserer slik jeg forstår det idag 6000 fat, det vil si at zenith netherlands eier 3428 av disse, av fatene som tilfaller Zenith netherlands eier Zenith Energy 49 prosent, dvs. rundt 1700 bopd netto til Zenith.
C-Eiken
03.01.2023 kl 11:47 3447

Tak. Tænkte nok det var sådan det var skruet sammen.

BLOCK 3 60 Million barrels + BLOCK 70 Million barrels both Unrisked.
Jotun71
03.01.2023 kl 12:08 3382

farvel 10øres aksje. :-)

aksjekursen bør nå 3 års høyeste
Cat349e
03.01.2023 kl 12:12 3400

Merkelig at enkelte finner seg i med å gi fra seg aksjer på dette nivået😅😅

Jeg ser bare mange kjøp
Cat349e
03.01.2023 kl 12:18 3488

Ja. Å de kjøpene betyr at noen har gitt fra seg litt for billig😅
Mdg1
03.01.2023 kl 12:26 3517

Noen er vel redd for hvordan AC skal hente sin del av kjøpesummen. Blir det ny emi? Eller finnes det andre muligheter?