Zenith Energy - Oljen priset til usd 1 pr fat?
Er dette blant de billigste olje selskapene pr dags dato? Er oljen de eier priset til ca usd 1 pr fat? I tillegg til olje produksjon, selger også selskapet gass og strøm. Bare strøm produksjonen som selskapet har i Italia, tjener selskapet nok penger til å forsvare hele børs verdien på kr 180 millioner
"Electricity prices during the month of March 2022 averaged approximately EUR 295 per MWh, resulting in net revenues of approximately EUR 300,000 per month. Zenith’s current net production costs remain fixed at approximately EUR 35,000 per month"
https://newsweb.oslobors.no/message/558660
"Oil production:
Zenith has reported production from its Tunisian assets in the first half of 2021/22 at 517 b/d. Shipments were somewhat lower at 371 b/d. Significantly, production in Tunisia was running at 650 b/d net in late September including conditional SLK output. Zenith suggested that 1,000 b/d is possible by the second quarter of 2022 assuming successful workover and drilling activity
Tunisia work programme:
Zenith has interests in four producing licences in Tunisia. At Robbana in the south of the country the workover of the ROB-1 well was successfully
completed in early Q4 2021. Production was boosted from approximately 20 b/d to 100 b/d. Near-term, the work programme in Tunisia involves drilling a vertical well at Robbana and two side-tracks in non-producing wells at the Ezzaouia also in the south of the country. The objective is 1,000 b/d for the latter while for the former we believe 500 b/d might be possible. The cost of US$2.5m is underpinned by the recent US$4m equity raise
Valuation and financing
Reflecting the sometimes difficult operating and business environment, valuations for undeveloped resources in Nigeria are modest. We believe valuation might well be less than US$1/barrel. If we assume US$0.5/barrel and 233mm barrels of resources for the two discoveries the valuation would be US$117m. A 42% interest would therefore be US$49m which implies significant headroom vis-à-vis the US$20m as per the OML 141 option agreement.
Zenith has indicated that plans have already been finalized for drilling the Barracuda 5 well (B-5). Apparently, all the necessary civil engineering work has been undertaken for the well including dredging and site clearance. The well location is between two previously drilled wells which have encountered ‘significant hydrocarbons’. The indications are that drilling will commence in January 2022. In a success case Zenith has indicated that production is expected to start immediately using a barge-mounted early production facility. Production could commence during the second quarter of 2022 at a rate of approximately 4,000 b/d, according to Zenith. Further development is expected with the locations for Barracuda wells 6, 7 and 8 already identified. If Zenith chooses to exercise
the option agreement, there will, therefore, be an ongoing corporate and development financing requirement"
Informasjon hentet fra linkene under
Prospektet 4.3.2022
https://wp-zenith-2020.s3.eu-west-2.amazonaws.com/media/2022/03/315-033-Prospectus-2022-final-approved.pdf
Analyse fra Allenby Capital 14.12.2021:
https://www.allenbycapital.com/our-research/?msclkid=f7a374b5c7a911ecaa511cb87e0b4104&fwp_research_client=2618
Børs meldinger fra selskapet:
https://newsweb.oslobors.no/search?category=&issuer=12675&fromDate=&toDate=&market=&messageTitle=
"Electricity prices during the month of March 2022 averaged approximately EUR 295 per MWh, resulting in net revenues of approximately EUR 300,000 per month. Zenith’s current net production costs remain fixed at approximately EUR 35,000 per month"
https://newsweb.oslobors.no/message/558660
"Oil production:
Zenith has reported production from its Tunisian assets in the first half of 2021/22 at 517 b/d. Shipments were somewhat lower at 371 b/d. Significantly, production in Tunisia was running at 650 b/d net in late September including conditional SLK output. Zenith suggested that 1,000 b/d is possible by the second quarter of 2022 assuming successful workover and drilling activity
Tunisia work programme:
Zenith has interests in four producing licences in Tunisia. At Robbana in the south of the country the workover of the ROB-1 well was successfully
completed in early Q4 2021. Production was boosted from approximately 20 b/d to 100 b/d. Near-term, the work programme in Tunisia involves drilling a vertical well at Robbana and two side-tracks in non-producing wells at the Ezzaouia also in the south of the country. The objective is 1,000 b/d for the latter while for the former we believe 500 b/d might be possible. The cost of US$2.5m is underpinned by the recent US$4m equity raise
Valuation and financing
Reflecting the sometimes difficult operating and business environment, valuations for undeveloped resources in Nigeria are modest. We believe valuation might well be less than US$1/barrel. If we assume US$0.5/barrel and 233mm barrels of resources for the two discoveries the valuation would be US$117m. A 42% interest would therefore be US$49m which implies significant headroom vis-à-vis the US$20m as per the OML 141 option agreement.
Zenith has indicated that plans have already been finalized for drilling the Barracuda 5 well (B-5). Apparently, all the necessary civil engineering work has been undertaken for the well including dredging and site clearance. The well location is between two previously drilled wells which have encountered ‘significant hydrocarbons’. The indications are that drilling will commence in January 2022. In a success case Zenith has indicated that production is expected to start immediately using a barge-mounted early production facility. Production could commence during the second quarter of 2022 at a rate of approximately 4,000 b/d, according to Zenith. Further development is expected with the locations for Barracuda wells 6, 7 and 8 already identified. If Zenith chooses to exercise
the option agreement, there will, therefore, be an ongoing corporate and development financing requirement"
Informasjon hentet fra linkene under
Prospektet 4.3.2022
https://wp-zenith-2020.s3.eu-west-2.amazonaws.com/media/2022/03/315-033-Prospectus-2022-final-approved.pdf
Analyse fra Allenby Capital 14.12.2021:
https://www.allenbycapital.com/our-research/?msclkid=f7a374b5c7a911ecaa511cb87e0b4104&fwp_research_client=2618
Børs meldinger fra selskapet:
https://newsweb.oslobors.no/search?category=&issuer=12675&fromDate=&toDate=&market=&messageTitle=
Konjagi
02.05.2022 kl 15:09
3325
Ja, det er kanskje irriterende, når man sitter her i øyeblikket. Det er ganske mye trading, og tar man seg litt tid, så ser man også roboten er i sving med jevne mellomrom. Bare fjas, og ikke til å bruke kallorier på. Nok av de som sitter her hver dag, og skremmer/svartmaler. De lar ikke sånne dager gå fra seg. Nå er de midt oppi godteposen, som dere ser. Kunne sikkert ramset opp disse nickene, men de vet nok jeg snakker om
For oss som er langsiktige er dette bar små krusinger på slett hav.
For oss som er langsiktige er dette bar små krusinger på slett hav.
Redigert 02.05.2022 kl 15:10
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Trøsta får være ar rsi er nede i 25
Det kommer ikke!
Ledelsen må da få fingen ut og fortelle om fremtiden.
Tilbakekjøpsprogram kan de starte med.
Rob-01 kommer nok snart.
EZZ-03. Når skal de starte?
Nytt felt som skulle gi 2-3500 boe/d.Hvor blir dette av?
Tilbakekjøpsprogram kan de starte med.
Rob-01 kommer nok snart.
EZZ-03. Når skal de starte?
Nytt felt som skulle gi 2-3500 boe/d.Hvor blir dette av?
gravemaskinen
02.05.2022 kl 14:25
3406
Investman skrev Nesten gratis denne nå ;)
Jævlig irriterende at det skal gå ann å trade denne her ned...Ingen omsetning i UK, og med dagens kurs står den i 11 øre..mens her på berget er den snart i 9..Bare trading.. Selskapet er langt borte fra økonomiske problemer...
Fakevenues
02.05.2022 kl 11:55
3560
Slettet brukerskrev Var ikke han bare en sommervikar?
Sånn ala "Høsten kom, døra smalt og etterpå ble det stillt" ?
Var ikke han bare en sommervikar?
Deilig dag folkens. Billige aksjer ute, løp og kjøp?
Fakevenues
02.05.2022 kl 11:51
3566
Var det ikke en nordmann som var her på forumet som ble ansatt i ZENA?
Hvor har han blitt av?
Hvor har han blitt av?
Viking_I
02.05.2022 kl 11:49
3562
Company listed in UK and Norway too so language is not issue here. How people lying without knowing any facts. Also how people create panic by rumors' and syndicate selling here I know. i am zenith from when price was 0.035.
Redigert 02.05.2022 kl 12:05
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Gullhaugen
02.05.2022 kl 11:41
3584
Jaja kjære Viking...større masekråke og tulling skal du jaggu leite lenge etter. Nå har du jammet ned dette forumet i lang tid med fjas og mas på engelsk. Dette er et norsk forum så finn deg et annet sted å plage folk.
Viking_I
02.05.2022 kl 11:20
3660
Gullhaugen skrevInnlegget er slettet
Stop kite flying, As per bondholder report they already started preparation for drilling in Tilapia II and (60% PSC). Any how Congo has to pay $5.6 million so no problem Tunisian production will gives kr 0.26 value currently. There is 0 value for Tilapia in share price so there is no point it is going to 0.08 and ROB - 1 will give at least 30% increase from here.
Company income for 2022 will be - Tunisia - 365*600bopd*100x9 = kr 197.1 million , Italy income - 12*250*10*1000 = kr 30 million and Loan to SNPC - 5.6*9= 50 million Total - kr 277million
(Considering Loan nullifies by 2021 production money)
Company price in market is kr 177 million
Can anyone explain bankruptcy theory here.
Company income for 2022 will be - Tunisia - 365*600bopd*100x9 = kr 197.1 million , Italy income - 12*250*10*1000 = kr 30 million and Loan to SNPC - 5.6*9= 50 million Total - kr 277million
(Considering Loan nullifies by 2021 production money)
Company price in market is kr 177 million
Can anyone explain bankruptcy theory here.
Redigert 02.05.2022 kl 11:46
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Viking_I
02.05.2022 kl 10:59
3721
There is no point in sale oil price is stable around 105 and ROB -1 will come in production any time. Its good time for company to buyback 100 million shares to treasury account.
Redigert 02.05.2022 kl 11:01
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Konjagi
02.05.2022 kl 10:30
45202
LuffeGuffe gir ingen begrunnelse for sine påstander.
De som gidder å lese børsmeldingene ser at Zenith tjener penger og hva
annet de holder på med.
Det er skrevet på engelsk .. kansje noe ikke alle evner å lese
De som gidder å lese børsmeldingene ser at Zenith tjener penger og hva
annet de holder på med.
Det er skrevet på engelsk .. kansje noe ikke alle evner å lese
Slettet brukerskrevInnlegget er slettet
Hva er det vi ikke får vite?
Hva er det den vanlige aksjonær ikke får vite?