Det er den jeg refererer fra mtp Egypt.

until Zenith get Tilapia II in Congo keep eye on PNOR, with oil lifting message within day or tomorrow price could trigger up to 20%. Tanker already in Djeno terminal port.

Her kan det fort bli "en kule " lykke til alle sammen.

Hej Norge

Lidt guf fra Afrika i går den 5. okt.

Benins fortræffeligheder bliver nævnt.
TalipiaII er i sidste fase
AC er fortrøstningsfuld og ser Zenith som en af de få Junior selskaber der kæmper i Afrika

https://www.brrmedia.co.uk/broadcasts/633d69c551e5f558854f4df7/zenith-energy-company-update/

Dansken

Er det plutselig slutt på salg under 11 øre,kan det komme fete nyheter før helg 👍🍻

TalipiaII negotiation in final stage. Intressant:)

Jamen AC har sagt flere gange at tingene er lige oppe over, og hver gang har han skuffet.
Tror ikke på noget før det er på skift

I listened to Andrea’s latest interview yesterday afternoon and have written it up as usual. I do this because I believe it is only when re-reading what is said that you actually get to understand the full details of the information that these interviews impart to investors. Most of what he said was just an introduction to Zenith that we all know but .

The key elements that he mentioned in this interview are (as some here have already pointed out).

1. That he is in Capetown focused on closing the negotiation with Benin
2. That the company is in negotiations for assets in Egypt.

We know from the investor conference call last week that Andrea said:
a) "We believe that a major acquisition will come in the next quarter. "

and

b) "There are also other locations where we are in advanced negotiations. Our policy is to have a diversified portfolio of as many as possible producing fields that do not require heavy capex. We want to operate in countries that are friendly to oil companies in their political outlook. "

It looks like this next acquisition may well be in Egypt. Remember that back In Jan 2021 the company announced a co-operation agreement with Fleet Oil and Gas, a company led by the former Egyptian Petroleum Minister Mahmoud Latif Amer. Obvioulsy this was a long time ago but maybe it could have somethign to do with that: https://www.lse.co.uk/rns/ZEN/cooperation-agreement-for-new-acquisitions-in-mena-63s75k4xpom3l9b.html

INTERVIEW TRANSCRIPT IN FULL

For those who have not heard the Zenith story can you give us an introduction to the company?
Zenith is an oil and gas producer and operator that started in Canada in 2008 and moved to London in 2017 with an IPO. We have moved our focus in our producing properties to: Sub-Sahara, North Africa, the Middle East and Italy. Italy is the remainder of an acquisition from a long time ago that is, at the moment, doing very well.

So give us an update on your projects and the developments at Benin

Our most recent development is a negotiation in Benin. Benin is a very interesting republic next door to Nigeria so the geology is the same as the basin in West basin of Nigeria and there are other properties in the market, not far, but in Nigeria while we are in Benin negotiating for the license called Seme 1 which has been the only producing license for Benin for many years. Production has been suspended in the last 7 years and now we are looking to revamp this property and to expand the geological horizons of the production

I am sure that investors will be interested in Italy in the background there, can you give us a bit more of a flavour of that?

Our focus is Africa because we are looking at a large increase in our production rate but Italy has always been there steady in the background making gas which for the last 10 years, before January 2021 was very cheap as the competition with Russian gas was depressing the gas price made by the West European operators. So we made this gas at very low rates of income and so we started to produce electricity to create a larger margin in our production. The all of a sudden, starting in January 2021 the price of gas and electricity started to ramp up and they have become ten times the original prices. Now for the sake of household and factories the prices are flexing but we are still making a very large profit in our Italian assets.

Our oil horizon is in Africa and we started with the acquisition of AAOGC in December 2019. We are now in the process of renewing the famous property called Tilapia and we are confident that we are in the final stage of it (the renewal). This will permit us to bring our production of light oil to a substantial level in Central Africa. In West Africa we have started the negotiation for the acquisition of Seme 1 with the government of Benin and this is the main focus of my visit to Capetown. The we have also negotiations in Egypt and we have also four producing assets in Tunisia.

What makes you excited for the future for Zenith Energy?
The fact that there are less and less operators. If you think about the people that you interview and the companies that you consider likeable clients for your organisation and similar organisations to yours the number or operators: American, English Australian and Norwegian are shrinking by the year and so there are more investors and there are a lesser number of properties managed by the majors but there is also a smaller number of operators. Being an operator by law and by technical necessity is the centre of petroleum activity and we are very proud to be one of the few remaining junior operators.

Tweet
Se nye Tweets
Samtale

Zenith Energy (LON:ZEN; OSE:ZENA)
@zenithenergyltd
📺 Zenith’s CEO, Andrea Cattaneo, caught up with
@brr_mediauk
during
@africaoilweek
to provide an update on the Company, its assets in Europe and Africa, and the positive outlook for the future. Watch now:
https://bit.ly/3EpLOv0

#ZEN #ZENA

Ta en kikk på videoen!

Hvorfor det?

Hva om flere ting landes samtidig her. Benin høres lovende ut, men har vi muskler til å håndtere den og Tilapia ? Virker som begge to kan komme nå.. også Egypt utenom? Mulighetene begynner å bli mange..

Sorry, var ikke obs på at den var delt.

Det ser ut som den er delt 3-4 ganger på tråden 😅

Har noen funnet noen annen info fra seminaret?

Artikkel. Dog fra 03.oktober. Men ser at de nevner signering av PSA flere ganger siste tiden.. Hvis vi ser forskjellen fra hvor Congo er i dag kontra 6mnd siden, er det en STOR forskjell med tanke på potensiell signatur.
Hvis det skal endelig skje for Zenith.. er det nok om ikke mange dager/uker!

Google translate:
«As the Africa Oil Week conference begins this week, the Société Nationale des Pétroles du Congo (SNPC) is calling on international oil companies to increase their investments in Africa's oil and gas resources.

A delegation from SNPC uses the Africa Oil Week conference in Cape Town to present oil and gas projects and forge new partnerships. Through its "Performance 2025" program, SNPC has set itself an ambitious objective of optimizing its oil production by reassessing the potential of existing deposits, extending the life of maturing assets, signing new production sharing agreements and seeking new partners to take over potential permits.

These include the LOANGO II and ZATCHI II permits, for which SNPC is looking for partners to take over the two permits. The company is also capitalizing on the release of Congo's new gas master plan to explore gas recovery projects, including in the production of fertilizers and liquefied petroleum gas.

SNPC is also committed to guaranteeing the country's supply of finished petroleum products by increasing the country's refining capacity and investing in the construction of the Pointe Noire-Brazzaville-Oyo Ouesso pipeline and storage areas. These projects require significant financing even as international oil and gas companies remain under intense pressure to decarbonize their portfolios.


Raoul Maixent Ominga, Director General of SNPC, said: "Oil companies have for some time been victims of a lack of financing in the development of their oil projects, in addition to an ever-increasing pressure to issue less CO2, and African national companies are not. exempt from this treatment. We need to invest more in Africa's oil and gas resources and African national oil companies should work together and create internal sources of finance to ensure that adequate investment is dedicated to increasing our production and diversifying. of our resources. »

https://congomediatime.com/snpc-md-nous-devons-investir-davantage-dans-les-ressources-petrolieres-et-gazieres-de-lafrique/

Begynner å bli latterlig bra dette 😜

Med brutte løfter…

Mange fugler på taket..... plutselig så lander de :)

Mange fugle ja, men kunne en enkelt snart lande, er træt af alt det snak og ingen ting sker, men da det jo er Afrikanske fugle tager det jo tid,,,,,,venter,,,,,,venter

Lite og latterlig volum, så det er iallefall ingen fare for at kursen går lenger ned, den er STABIL og det tyder på at de aller fleste sitter i ro. Litt opp og litt ned har den gått i mange omganger, men jeg konkluderer likevel med at langsiktighet vl lønne seg stort etterhvert ! Ferden videre kan bli himmelsk og komme raskere enn vi aner, så de som sitter klistret hver dag foran skjermen for å tjene noen kroner, vær våkne !

Gullit - remember that Andrea addressed this in the conference call when he talked about getting farm-in partners as ew acquired more assets:

Are we looking at any further major African acquisitions?

If we see a proposal for a 300 bopd acquisition we are not interested unless it has the potential to be much bigger (ie no more Tunisia’s). We believe that a major acquisition will come in the next quarter. Will this leave us with too many assets? We will look into taking partners and farm-outs to minimise our management and financial commitments. We have a significant African management team (it has increased threefold) including expats etc. This allows us to look at things more cheaply than flying out people from London to do analysis.

Oversatt: «Det holdes, 7. oktober 2022, i folkets palass, møtet i Ministerrådet, under den svært høye myndigheten til republikkens president, Denis Sassou-N'Guesso. På dagsorden: 2 lovforslag og 1 utkast til dekret, under budsjettdepartementet,..»
https://twitter.com/pr_congo/status/1578346885324365826?s=46&t=gfWxQgA93LXv6qx2UjUKsg

Møtet i dag kl10 med presidenten og ministeriet. Se spesielt «2 lovforslag». Er ikke siste steg for tlp2 at avtalen lovfestes i ministeriet med presidenten?

08.10.22. Parlamentet:

https://twitter.com/primaturecongob/status/1578802721251266560?s=46&t=sLQggc1NAgiewswKx0Zjqg

Siste punkt(Google translate):
«bills for ratifications, and others»

Hva legger du i dette?

Birol.

Litt usikker.
Tlp2 PSA skal vel som siste punkt lovfestes? Hvis da «bills for ratifications» er riktig oversettelse, kan det jo være en mulighet, i tråd med siste minister-møtene(inkl. Sassou)

Når man kigger på kursen nu ligner det at den stort anlagte underskrivelses ceremoni i Fredags ingen var den sædvanlige “nothing burger” ,,,,konfirmand traderne har travlt med at sælge til under 11 øre, suk, suk, suk

Hvem er det som kommer til å presentere tlp2? Itoua eller Sassou?

Kan man håpe at AEW2022 18-21okt. i Cape Town er en reell mulighet? Der skal Itoua delta. Kun 8-11 dager.

Forventer høyere volum noen dager i forveien hvis tlp2 skal komme.. Det ser vi ikke pt.

Nytt ministermøte i kabinettet i dag kl10.

«Reunion du conseil de cabinet»
«REGJERING: Statsministeren, regjeringssjefen, Anatole Collinet Makosso, vil lede et møte i regjeringsrådet mandag 10. oktober 2022 fra kl. 10.00.»

https://twitter.com/primaturecongob/status/1579377032567623683?s=46&t=7AK7IHizh7F_SX0hoiO5LA

Det er vel ikke på ulike konferanser rundt om på kontinentet man kunngjør slike avtaler, men det er et regjeringsmøte i dag.

Har sett det blitt nevnt tidigere av noen på forumet at Itoua vil nok ønske å showcase’ en slik avtale. Da er en slik konferanse perfekt..
Men det kan jo være en presentasjon i en eller annen sammenheng like etter at avtalen er offentlig. Det jeg har sett for meg.

large hidden volume at 0.1098
SLK license expiring soon 24.12.2022
https://www.energiemines.gov.tn/fileadmin/docs-u1/liste_des_Concessions_d_exploitation_2021_-_version_finale.pdf
There is Zero income from SLK until now.

hidden volume at 0.1080, Do not sale now

Litt ironisk at nå som olje prisen vil bli holdt oppe av OPEC i lang tid, faller aksjen i olje selskapet Zenith Energy 😅

AC do not care about share value otherwise he haven't issued millions of share year ago and not single work done from that money. only dilution happens.

og det kan vi ikke bruge til noget. Kursen bare falder

Ja et par dage mere uden nogen melding eller noget så ryger vi vel snart under 10 øren igen, imponerende at små konfirmand tradere styrer kursen

Ser AC har landet nok en avtale som kommer til å ta mange herrens år før de sier de er close med pennsignatur.

Må bare le, dere er en flokk lett å narre.

Begynner det å minne om QEC? 😜

Problemet er Afrika. Alt der nede tar så himla lang tid. Når de sier i morgen så vet du ikke om de mener dager, uker eller år.

people trying to take course down to 0.10. not possible now.

Veldig merkelig at de ikke får fortgang på ting nå som olje prisen er høy. Det er kanskje en grunn til at fattige land er fattige? 😜

Please do not talk, if people want to sell they sell. If they want to hold and load more they do just that. Nobody needs your advice.

Har minnet meg om QEC en god stund.. så veldig lyst ut til hele raketten ekslpoderte før takeoff. hehe.

Men.. av hva vi har sett fra juni/juli mnd, så tror jeg endelig myndighetene har fått ut delvis ut fingen. For meg virker det nesten som at prosessen for godkjent PSA har vært lagt på is i lang tid..
Som Itoua sa i et intervju jeg tidligere lenket til; "vi har signert alle PSA'ene"(ikke helt ordrett)(intervju fra konferansen i Senegal i september).
Noe er i ferd med å skje.. det er jeg sikker på :) Vi får bare se om det som skjer blir gunstig for Zenith. Kan alltids ta en QEC..

Tenker vi ser store avtaler i 2022, alt annet vil overraske meg. Så er det tilbake til det viktige, vi er allerede produsenter av strøm og olje så ingen krise om så ikke skulle skje. Slik det er nå er vi allerede underpriset.

Helt korrekt, og drilling av ROB 3 skal jo snart igang, så det er bare å glede seg:-)

3 times financed ROB-3 drilling without any progress from last June 2021

Så flott, da har de iallefall cash;-)

Jeg sad og fulgte køb/salg de sidste 15-20 min i dag, der kom nogle ret kraftige købsbud ind der +0,5/1.0+M.
Det kan selvfølgelig være tilfælde eller bots. Jeg bemærkede det bare