ZENITH 2023

Denne tråden er stengt for nye innlegg.
31.08.2023 kl 16:08
Automatisk lukket grunnet trådens størrelse. (Beklager.)
TheLondonOiler
ZENA 25.12.2022 kl 23:29 397804

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
Viking_I
10.01.2023 kl 09:32 3997

syndicate sold 9 million shares now they will spread negativity and try to buy around 0.009, they will create pressure on seller side and hidden order at buyer side.
Remember Yemen deal is very big than what people estimated in market. The buzz it created in Yemen you can imagine the size of it, though it diluted buy sharing with Hingbo Industries Company Limited.

if deal goes through (and it will) give valuation kr 0.5 with oil price of $70 after paying $11 million investment. (official numbers)

As geologist reserve is 160 mmbl + Gas which gives valuation is kr 2.32 (To Zenith - 28%)
Redigert 10.01.2023 kl 09:56 Du må logge inn for å svare
Gullit
10.01.2023 kl 10:00 4033

Bare la det ligge Viking, disse øretrillerne holder på uansett. Alle vet denne går bananas om de closer en av de store avtalene.
Viking_I
10.01.2023 kl 10:21 3975

https://newsweb.oslobors.no/message/579889
lotto .................

“We are extremely pleased to have been granted the Exclusivity to negotiate and finalise the terms of a PSC for Block-1 by the authorities in Benin.
Redigert 10.01.2023 kl 10:23 Du må logge inn for å svare
Viking_I
10.01.2023 kl 10:34 3936

For a period of three months to negotiate and finalise the terms of a Production Sharing Contract (“PSC”) for Block 1 containing the Sèmè oilfield, offshore Benin ("Block-1").
3 month time period - time bound PSC
"A proven oilfield, with significant unexploited potential, having independently assessed recoverable reserves (2P) of 22-28 million barrels of oil and 428 billion cubic feet of natural gas (Kerr McGee 2005) for the original Sèmè oilfield."
"A new ‘Sèmè North’ oilfield (“Sèmè North”) was discovered in 2015 with a reported discovery of an additional 100 million barrels of oil in place with estimated (2P) recoverable reserves of 16 million barrels utilizing a Recovery Factor of 16%. It is expected that improvements in the Recovery Factor might be achieved with modern completion and drilling techniques to reach a Recovery Factor of above 30%."

28 million + 30million = 58 million barrels of oil + Gas

up to 58 million barrels of oil 2P reserve valuation upto kr 1.34 with $100million investment.
Redigert 10.01.2023 kl 10:37 Du må logge inn for å svare
Furuen
10.01.2023 kl 10:38 3916

Endelig en skikkelig positiv melding. Denne fuglen kan man vel si er halvveis ned fra taket.
Lord Wincheste
10.01.2023 kl 10:41 4015

Finally !! Nå smeller det
Viking_I
10.01.2023 kl 10:43 4067

Remember Tilapia on card too
all guns firing we have valuation of kr 4 with
patek5146
10.01.2023 kl 10:45 4275

Og jeg siger mange tak til det fjols der solgte mig aktier til 0,093 i går
Andpaal71
10.01.2023 kl 10:49 4264

Du snakker med to tunger?

Dette skrev du før helgen:
06.01.2023 kl 09:49
1652
det tog kun 3 dage for at vi kom under 10 øren igen, ingen tiltro på at noget nogensinde lykkedes her, ligner at olien skal op af bakken og sælges før kursen bevæger sig opover,
Viking_I
10.01.2023 kl 10:55 4411

Dont believe in bear gang here, they will come with negative thought in few days here with Benin about infrastructure .....................
3 big shot - one strike - price could trigger above kr 0.5 any time.
all 3 strike and price reach kr 4 with production on.
Italy and Tunisia defend kr 0.2 so NO downward for share think before selling.


Redigert 10.01.2023 kl 11:11 Du må logge inn for å svare
patek5146
10.01.2023 kl 11:03 4402

Dig som solgte🤣🤣🤣🤣🤣
Men den kan sagtens ryge under 10 øren allerede i dag igen desværre
Lord Wincheste
10.01.2023 kl 11:10 4369

Øretrillere må desverre ha til smør på brødskiva nå som strømmen koster
Gullit
10.01.2023 kl 11:13 4419

Så hadde kanskje Zenith alt på det rene., fin melding. Dette kan være det helt store
Bullfight
10.01.2023 kl 11:15 4444

Spleis må på plass fortes for å bli kvitt øretrillingen
JobPeterson
10.01.2023 kl 11:16 4429

https://www.investegate.co.uk/zenith-energy-ltd--zen-/rns/exclusivity-for-block-1--s-m--field-in-benin/202301100915022371M/

About Block-1

· Discovered in 1967 by Union Oil, Block-1 covers 551 sq. km with over 355 sq. km of recent 3D seismic data taken between 2001-2014.

· Located in shallow water (30m) offshore with onshore facilities and tank farm for processing of oil production.

· A proven oilfield, with significant unexploited potential, having independently assessed recoverable reserves (2P) of 22-28 million barrels of oil and 428 billion cubic feet of natural gas (Kerr McGee 2005) for the original Sèmè oilfield.

· Has produced a reported 22 million barrels of oil to date, with last commercial production having taken place in 1998 when oil prices were below approximately US$10 per barrel.

· Historical Recovery Factor of 22%, leaving significant margin for improvement of the recovery factor utilising modern completion techniques, horizontal drilling, and improved 3D seismic.

· Last produced at a rate of approximately 2,000 barrels of oil per day in 1998.

· Average historical well production rates ranging between 1,500 - 3,000 barrels of oil per day.

· The last operator is reported to have made infrastructure investments for an amount exceeding US$100 million prior to exiting the project due to low oil prices.



· A new ' Sèmè North' oilfield ("Sèmè North") was discovered in 2015 with a reported discovery of an additional 100 million barrels of oil in place with estimated (2P) recoverable reserves of 16 million barrels utilizing a Recovery Factor of 16%. [i] It is expected that improvements in the Recovery Factor might be achieved with modern completion and drilling techniques to reach a Recovery Factor of above 30%.

· 27 wells have been drilled in Block-1: 24 in the original Sèmè oilfield, with the last 3 wells having been drilled in 2014-15 to discover Sèmè North . These wells discovered and tested oil in the H5 & H6 reservoirs, the same reservoirs that were producing in the original Sèmè oilfield, in a separate structure. However, due to the prevailing oil price at the time (approximately US$30) further development activities were deemed non-commercial.

· Significant development and exploration potential in the emerging Syn-Rift play extending from neighbouring Nigeria.

· Production facilities comprised of three platforms: two located in the Sèmè Field, with the last being installed during 2013-2016 to develop the newly discovered Sèmè North. Zenith Energy has already conducted preliminary site visits to inspect the infrastructure.

JobPeterson
10.01.2023 kl 11:18 4516

This one looks certainly in the bag and another huge producing field. Well done to AC once again I am certain this year we will be one of the biggest rising small cap companies on the market.
Viking_I
10.01.2023 kl 11:19 4554

Grab as much as possible, before it is too late, Once institutional investor enter into it course will go into Russian percentage
Yemen and Benin both are huge in terms of 2P reserve and production wise.

Zenith production will cross 5000 bopd with both come in production (Yemen already in production) like PNOR. and PNOR have 75% institutional investor. If zenith get 25% too course will go upto kr 0.5
Tilapia is next before IC in coming 4 weeks.

We are here with Benin at the stage of Tilapia announcement Dec 2020. but PSC is 3 month dead line that's very good thing.
Redigert 10.01.2023 kl 11:21 Du må logge inn for å svare
Furuen
10.01.2023 kl 11:25 4545

Helt riktig, og minst 50:1. Småsparere sitter fullastet og evner ikke å drive kursen opp der den hører hjemme.
De store investorene rører ikke 10-øresaksjer.
JobPeterson
10.01.2023 kl 11:33 4527

We will have 5000 bopd from Benin and Yemen, not to mention we will also get Tilapia as well. That's potentially 7000-8000bopd within the year with a market cap that barely even values in Tunisia and Electricity sales alone. I doubt we will see this share price level much longer.
SebRiberac
10.01.2023 kl 11:45 4476

vennligst korriger meg hvis jeg er feil. så 5000 bopd til 28 dollar per fat vil gi hs en markedsverdi på 51 millioner dollar i året. hvorfor er aksjekursen så lav?
SebRiberac
10.01.2023 kl 11:46 4553

+0.009 (+9.30%)
Gullit
10.01.2023 kl 11:47 4568

Ser for meg 1 -1,5 kr her om vi lander begge deler. No ser det lysere ut enn noen gang. Helt vilt om de klarer dette med tanke på hvor lite de må investere, infrastruktur var jo også utviklet i stor grad!!
Gullit
10.01.2023 kl 11:49 4566

Det er ingenting som er 100% Det har vert akillisen til AC og Zenith. Men nå skal det mye til att det ikke ordner seg 1 av plassene
SebRiberac
10.01.2023 kl 11:51 4537

Benin-avtalen ser sikker ut. yemen har en måned eller to med papirarbeid.
Gullit
10.01.2023 kl 12:00 4471

Sant. Virker som folk begynner å posisjonere seg her. Ingen vits å selge noe nå som ting endelig kan materialisere seg!
Sia
10.01.2023 kl 12:05 4450

Her burde kursen passert 0,15, men alle rømmer skipet ved enhver nyhet. Tiltroen til selskapet virker tynnslitt dessverre.
Tricky
10.01.2023 kl 12:08 4448

Well! Getting more and more difficult to maintain a negative view of the future for Zenith, one or two of the balls hanging the air must come down in a positive way for the company.
Got to be as close as it have been for a long, loooong time for investors.
Gullit
10.01.2023 kl 12:09 4489

Absolutt, er derfor de trenger å spikre en avtale før kursen tar av. Men da kan det smelle skikkelig også.. ser for meg flere hundre prosent pr avtale som landes.
Viking_I
10.01.2023 kl 12:11 4657

its correct, Benin will take 3 to 6 month to start the production but Yemen is currently producing field after final approval from govt money will come to Zenith account. Good thing is money will come in account from the deal is signed and money deposited which already done. Technically money will be in account from Jan 2023.
Share price is low because here many are day traders and don't know the valuation of company. Norwegian counterpart fail to attract institutional investor.
any how when money coming into account share price will increase drastically in many fold.

Italian production giving €3.5 to €5 million.
Tunisia asset giving around $15 million worth production in 2022 will double in coming days.
Yemen will give $50 million worth production to Zenith

Future production worth
Congo - $90 million
Benin - $100 million
Redigert 10.01.2023 kl 12:24 Du må logge inn for å svare
Sia
10.01.2023 kl 12:32 4744

Har vært tålmodig her for akkurat å få med den oppgangen, som kommer om noe går veien. Blir nok mange som angrer på salg av aksjer når det går 10x ;-)
JobPeterson
10.01.2023 kl 12:42 4700

The market just needs the green signal on Yemen or Benin the price to fly.
SebRiberac
10.01.2023 kl 12:59 4635

i løpet av de siste 6 handelsdagene har det vært omsatt 100 millioner aksjer
Viking_I
10.01.2023 kl 13:02 4684

Benin is almost done deal now with 5 times bigger 2P reserve + gas deposits,
Yemen is good (100% done) deal as production uprunning after green light money will come in account from Jan 2023. Future production will triple with side track drilling and possibility of electricity generation from abundant gas.
Redigert 10.01.2023 kl 13:18 Du må logge inn for å svare
Viking_I
10.01.2023 kl 13:05 4678

I wonder people still selling below kr 0.2.
AC will come with big bang to buy shares soon after Tilapia II announcement.
Redigert 10.01.2023 kl 13:05 Du må logge inn for å svare
Viking_I
10.01.2023 kl 13:13 4641

Remember IC is with big announcement in next 5 week.
We will here on Congo Tilapia and one more field and Tunisia with SLK 45% share.
MarketGunsling
10.01.2023 kl 15:59 4326

Things certainly seem to pbe progressing in the right direction with regards to Benin after today’s announcement.

The original Benin announcement was issued on 22nd September and 110 days later (only just over the 90 day target) we get today’s announcement of the three month exclusivity deal.

One thing that is interesting in when we compare the contents of the two RNS releases.

The September 22nd one announced that there were estimated recoverable reserves (P2) of 22-28 million barrels of oil and 428 billion cubic feet of natural gas (Kerr McGee 2005) and that the last well that was drilled was in 2009 by SAPETRO.

Todays announcement updates us with further details by informing us that Saptero also discovered the Seme North field with an additional 100 million barrels of oil and a further 2p reserves of 16 million barrels and up to 30 million with modern recovery methods.

The latest RNS has also revealed that SAPETRO made an investment of $100 million in infrastructure in the block, which we will presumably acquire with the license.

Given that Zenith’s last CPR (March 2021) announced that the company’s current P1 & P2 reserves in Tunisia were 3.7 million barrels of oil and in Italy were 15,912 MMSCF of gas then this means that the acquisition of Benin (assuming the higher-end figures of 28 + 30 = 58 million) will mean that when Zenith finalise the Benin acquisition then they will have increased the company’s oil reserves by 16 times and the gas reserves by 27 times in a single transaction. This is also only what is already there and does not take into account what they refer to as the “significant development and exploration potential in the emerging Syn-Rift play).

It is also important to remember that as a license deal that is done with the Yemeni government there is unlikely to be a huge up-front asset acquisition cost. Instead, this will be pushed across a number of the years of the license. This article from last week suggests that the total value of the deal would be $20 million paid in instalments of $4 million a year across 5 years – which means that the acquisition is easily affordable.

Overall, this is a very significant deal for Zenith that will increase the value of the company exponentially, and while I do not expect the market to massively re-rate the company until the license is formally handed to Zenith, the very size of the deal is an impressive statement of the company’s ambitions.

Furuen
10.01.2023 kl 17:01 4145

IC is ok, but where do you have the «big announcement» from.