Welcome to our dedicated page for Zenith Energy news (Ticker: ZENAF), a resource for investors and traders seeking the latest updates and insights on Zenith Energy stock.
Zenith Energy Ltd (ZENAF) is an international energy company focused on oil, natural gas, and electricity production across North Africa, Europe, and the United States. This page provides authorized news releases, operational updates, and strategic developments directly from the company.
Investors and stakeholders will find timely information on earnings reports, asset acquisitions, and international arbitration proceedings. Our curated collection ensures access to material events influencing Zenith Energy's operational and financial trajectory.
Key updates including production milestones, legal resolutions, and portfolio expansions are maintained here. Bookmark this page for efficient tracking of ZENAF's evolving position in global energy markets. Check regularly for verified announcements affecting shareholder value and operational strategy.
Zenith Energy (LSE:ZEN)(OSE:ZENA)(OTCQB:ZENAF) has published its audited annual financial results for the year ended March 31, 2024. Key highlights include:
- Revenue from oil and gas production: CAD$1,788K (down from CAD$13,159K in 2023)
- Inventory: CAD$2,031K (9,899 barrels of crude oil in Tunisia)
- Natural gas sales from Italian assets: 159,119 Mcf (down from 177,246 Mcf)
CEO Andrea Cattaneo emphasized the company's focus on seeking redress for breaches by Tunisian authorities, including an ongoing ICC Arbitration against ETAP for non-payment of approximately US$7.5 million. Zenith continues to evaluate acquisition opportunities and will provide updates on its growth strategy, including the conditional acquisition of Devonian Petroleum
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