Jeg håper like mye som dere, tro meg :)

Jo men normalt bliver et selskab vurderet efter fremtidige værdier. Så må vi se om det bliver tilfældet.

Fra en som står på sidelinjen fremstår dette som Zeniths beste prosjekt ever hvis det går igjennom. Endelig får de brukt riggen sin og den har nok betydd mye i forhandlingene.

Vi skal prises på forventninger lenge før det kommer. Ha en god Jul og ett Godt Nytt År

Ja, det er ikke umulig jeg tar feil.
Men noen nyttårsraket tror jeg ikke det blir - alt av verdier ligger langt frem i tid.

Nej råber ikke hurra endnu. De 3 andre MOU i Kazakstan er så annulleret.
"Zenith confirms that following the signing of the Conditional Acquisition, it has now discontinued all other negotiations in respect of potential acquisitions in the Republic of Kazakhstan. The Conditional Acquisition will be its sole focus."

Når man sitter på så store reserver vil det selvsagt også kunne prises inn i selskapet, Zena har pt en verdi mindre enn 5 villaer på Singsaker. Hva tenker du? mange millioner fat olje eller en haug med gamle tapeter?

Problemet for oss aksjonærer med denne avtalen er at nå må vi smøre oss med masse tålmodighet om vi skal oppnå en god gevinst. Denne avtalen er langt frem i tid før den kommer til å gi avkastning - så må vi leve langt og lenge i usikkerhet om den kommer til å lykkes..

Vi sitter så absolutt ikke på en nyttårsraket med denne nyheten.

Det var en deilig melding som gir rom for litt ro og jevn kursoppgang fremover. Meget spennende satsning sammen med britiske Devonian Petroleum.. Så blir det nok ytterligere info om USA også. Dette er bare helt i starten på noe som kan bli virkelig stort. Flotte land de beveger seg inn i!! Kjempe tro på fremtiden

Tror jeg vil gratulerer alle aksjonærer med dagen i dag og ønske alle ei riktig god jul og et enda bedre nytt år i 2024 :) 2023 var bumpy og hard, men du verden det hjelper å være langsiktig.

Jeg har siste dagene økt med 650.000 stk i beholdningen. Dagens nyhet er meget spennende for fremtiden til zenith!

hei, så hyggelig at det har kommet noe nytt fra Kaz.
God Jul

Ja, ganske små volum generelt og ihvertfall etter en slik nyhet. Dette kan bli en svært spennende periode 👍

kr 450 tusen omsatt i dag

Må leses, undersøkes og fordøyes. Alle som graver rundt feltet og det britiske selskapet tar en for laget. Skal ikke ta av i den ene eller andre retningen før jeg vet noe mer her. Får man ut 10% av reservene her, skal skal man ikke kjimse av en emisjon heller.

Voksende makt innen energisektoren,spennende fremover👍😁🇧🇻

A lot of information to digest there, but it does look as if we have finally arrived at the potentially company-making asset that Andrea has talked about acquiring these last few years. With a potential 500 million barrels of oil there and a preliminary drilling target of between 40-80 million barrels of oil, we are looking at the big leagues if it works.

https://www.finansavisen.no/energi/2023/12/20/8074358/zenith-kjoper-halvparten-av-britisk-selskap-satser-alt-i-kasakhstan

The current Akkudukski Block Competent Person's Report ("CPR") assigns P50 resources of 120 million barrels above the salt and 400 million barrels below the salt.

520 million barrels, not bad work by Andrea. Very impressive!

December 20, 2023



ZENITH ENERGY LTD.

("Zenith" or the "Company")

Acquisition of Devonian Petroleum Limited

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA; OTCQB: ZENAF),the listed international energy production and development company with a focus on opportunities in Central Asia and the USA, is pleased to announce the conditional acquisition of an initial 50% of the shares and voting rights in Devonian Petroleum Limited ("Devonian"), a private oil company registered in the United Kingdom, for a total investment in cash and in kind presently assessed at approximately 5 million USD (the "Conditional Acquisition").

Conditional Acquisition Highlights

· In 2019, Devonian was awarded the Akkudukski exploration block (the "Akkudukski Block") of approximately 1,094 km2 in the Precaspian Basin, Kazakhstan, in a competitive bid round. Devonian has the hydrocarbon exploration rights to the basement, with the exception of the 2.9 km2 Akkuduk Jurassic oilfield, owned and operated by EmbaMinaGas, a subsidiary of KazMuniGaz, the Kazakh national oil company.

· 3-D seismic presently covers approximately 70% of the Akkudukski Block.

· The current Akkudukski Block Competent Person's Report ("CPR") assigns P50 resources of 120 million barrels above the salt and 400 million barrels below the salt.

· The Akkudukski Block is located in the Embinsky district of the Atyrau Region in the North Caspian Basin, on the eastern coast of the Caspian Sea, about 250 kilometres southeast of Atyrau the regional oil capital.

· In supra-salt reservoirs above the Kungurian Evaporate regional seal, an undeveloped Middle Triassic oilfield in sandstones underlies the Akkuduk Jurassic oilfield. This was identified in the AK-20 well, drilled in 2016, which recovered low sulphur light oil at 2,660m in an MDT test on Wireline in addition to seeing gas in the Jurassic at 1,913m. There are, additionally, at least 6 mid-Triassic seismic prospects and at least 1 more Jurassic seismic lead. Jurassic well KM-1 encountered more than 30m of oil-bearing sands in 2008 from 1,680 to 1,720m. In sub-salt reservoirs, a potential super-giant gas-condensate seismic prospect named 'Zholdaskali', geologically analogous to both the super-giant Tengiz oilfield operated by Chevron with approximately 25 billion barrels recoverable oil, located circa 60 km to the southwest, and to the adjoining Ansagan field, with approximately 400 million barrels of oil equivalent recoverable reserves, has been identified. The Akkudukski Block also contains potential reservoirs in 4-way closures, identified on seismic, in Lower Permian and Carboniferous sands.

· The Akkuduk producing Jurassic oilfield was discovered in 1981 with production in two Callovian sandstone horizons in a fault block with 4-way closure over a Kungurian evaporite diapir. The Jurassic oilfield has produced just over 6 MM bbls light oil on primary recovery to date. The Zholdaskali lead has been mapped on seismic in 2019 with 2-D and 3D seismic covering most of the lead. Devonian has subsequently identified Jurassic and deeper Permo-carboniferous sandstone seismic prospects. A deep parametric well, AKK-1P, was drilled in Soviet times to investigate a 45x10 km seismic feature seen (in low resolution 2D seismic) in the Devonian at circa 7,000m but drilling was suspended at 6,290m because of high pressure gas being encountered and tested.

· Devonian was the first UK company to be awarded a block of oilfields following a competitive government bid round, in accordance with the new code of the Republic of Kazakhstan 'On Subsoil and Subsoil Use' ("SSU Code"), by way of its local subsidiary, DP Energy LLP ("DP Energy") in which Devonian has a 99% interest.

· DP Energy holds a joint exploration and production contract for a term of six years from July 2019, to be followed by a production licence for a duration of 25 years subject to certain conditions being satisfied, primarily seismic reprocessing and the drilling of one new well.



· Under the terms of the Conditional Acquisition, Zenith has paid Devonian an initial deposit in the amount of US$200,000 (the "Deposit").

· A second tranche in the amount of US$1.8 million will be payable on the completion of a satisfactory legal and technical due diligence by Zenith 60 days from the date of signing the Conditional Acquisition (the "Exclusivity"), and the receipt of all necessary regulatory approvals in the Republic of Kazakhstan ("Completion").

· The Exclusivity will govern the commercial finalisation of the final terms and deal structure for the acquisition of the remaining 50% of DP to be paid in Zenith equity (the "Final Contract").

· If the Conditional Acquisition is not completed, Devonian will repay Zenith by set-off and will issue Zenith ordinary shares in the capital of DP representing 3% of its fully diluted share capital.

· The total amount of US$2 million, having been paid upon Completion, will be complemented by an additional consideration estimated in the amount of approximately US$3 million to cover the costs for the drilling and testing of a new well, to a maximum depth of 3,000 metres, in the Akkudukski Block (the "First Well"). This First Well will target either Triassic sandstone reservoirs at Akkuduk or Jurassic sandstone reservoirs at Kamen. The selection of the drilling location for the First Well will be mutually agreed.

· The Company has agreed to transport its drilling rig, a 1,200hp 260-ton onshore drilling rig ("ZEN-260"), to the Republic of Kazakhstan from Georgia, where it has been stored in recent years, for the purpose of drilling the First Well. Zenith will initiate the necessary importation formalities and obtain the required approvals and certifications for mobilisation of the ZEN-260 and ancillary drilling equipment to the chosen well location.

Zenith confirms that following the signing of the Conditional Acquisition, it has now discontinued all other negotiations in respect of potential acquisitions in the Republic of Kazakhstan. The Conditional Acquisition will be its sole focus.

Andrea Cattaneo, Chief Executive Officer of Zenith Energy, commented:



"We are delighted to have agreed terms for the acquisition of Devonian Petroleum, representing our first acquisition in the Republic of Kazakhstan.

The Company's management has been able to appreciate the significant development potential of the Akkudukski Block, specifically the highly material recoverable reserves contained therein.

The ownership of our drilling equipment, when viewed in consideration of the size and range of geological opportunities to be found within the Akkudukski Block, presents an attractive opportunity to drill "in succession" with the objective of maximising production revenue and profitability during a time of favourable energy prices.

We look forward to benefitting from the technical knowledge and geological expertise of the Devonian Petroleum team in respect of the Akkudukski Block and to commencing our operational journey in Kazakhstan."



Alastair Murray, Chief Executive Officer of Devonian Petroleum, commented:

"The deal with Zenith Energy is of great importance because it should enable the successful migration through to production of the potentially transformational reserves contained within the Akkudukski Block.



We identified the unexploited value potential of the Akkudukski Block from as early as 2017, following significant geological investigation, and we were successfully awarded our current licence following a highly competitive bid round involving more than ten other companies in 2018/19.



Our first phase of technical work will be the selection of a low-risk drilling location in one of the already discovered structures, as well as remapping the Jurassic discovery in the south of the Akkudukski Block, targeting approximately 40-80 million barrels in recoverable oil reserves.



We expect this technical work will be completed by summer 2024, creating an exciting 'drilling pipeline' for the ZEN-260 rig being mobilised from Georgia as part of what we expect to be a long-term and mutually successful partnership between Zenith Energy and Devonian Petroleum."



Joint comment by Andrea Cattaneo and Alastair Murray:



"Andrea and I are fully aligned in our belief that this acquisition will prove beneficial, not only to the respective stakeholders of Zenith and Devonian, but also, more broadly, to the Republic of Kazakhstan. This is because it will demonstrate that successful Foreign Direct Investment (FDI) in the Kazakh SME (small and medium sized enterprise) oil and gas sector can be successfully delivered, in this case by a listed international energy company, and that new jobs and a range of positive commercial opportunities will be brought about."

https://www.investegate.co.uk/announcement/7954168

We are finally drilling for oil in Kazakstan!!!

Well done AC great work

https://newsweb.oslobors.no/message/607209

Gassprisene på vei i taket. Er da noe

Det kommer en ny rapport 29. desember, så la oss håpe den inneholder konkret informasjon om US. Det burde komme noe å melde fra der om det så er slik at vi har noe der.

Ser ikke ud til at der bliver nogen julegace i år. Må håbe positivt nyt kommer i 2024 og kursen kan komme over 1,50

"Never ending story" var en hit i 1984 av Limahl, denne sangen får meg til å tenke på nettopp Zenith..men mesteparten av dere var vel ikke fødd engang da...😉

Signing the Kazakhstan it South Sudan asset would be a great Christmas bonus. I have faith we may get it before the new year. Touch wood.

Spørs om det blir som en foss eller som en lekk kran😅 Q4 har bare vært ett antiklimaks en så lenge. Krysser fingrene for en ny melding i december..

Denne kommer😊👍

Burde snart høre noe mer her:
Kanskje ikke dumt å posisjonere seg no, oljeprisen på vei opp..


Zenith Energy has announced that, as it is now in the advanced stage of finalising terms for the potential acquisition of oil production and development assets, it has incorporated a subsidiary in the Republic of Kazakhstan, named Zenith Munay LLP.

With reference to the three memorandums of understandings announced to the market during the month of September 2023, the Company is pleased to announce that after comprehensive technical, legal, and financial due diligence, it has agreed to formalise a pre-contractual framework with the seller for an opportunity comprising two oilfields with a near-term production potential of approximately 400 barrels of oil per day, located in the Atyrau Region of Kazakhstan.

The Company expects to soon be able to formalise a binding agreement for completion of the Potential Acquisition, subject to local regulatory approvals, and will update the market accordingly.

Andrea Cattaneo, Chief Executive Officer, commented:

'Zenith has made significant progress in its business development activities in the Republic of Kazakhstan, having evaluated a great number of potential opportunities.

It is our intention to achieve circa 400 barrels of oil per day as a starting point prior to gradually scaling up production via field rehabilitation operations and the drilling of new wells made possible by acquiring an asset with a favourable geology and material reserves.

We look forward with enthusiasm to our near-term progress and to delivering on our publicly announced strategy of being a profitable, revenue generating oil production and development business.'

Som haw I have tried to say so; rejection is redirection and protection. Yemen ,Congo ore what ever country where outcome is unsure .

Very lucky we didn’t get Yemen. AC has a very good plan ahead now and the market cap should follow suit.

Tror ZENA skal være glad for at det ikke ble noe Jemen. Her kan det eksplodere.

Når en domstol er opprettet:

Et medlem av ICSID-sekretariatet (juridisk rådgiver) er utpekt til å fungere som sekretær for tribunalet.
ICSID sender forespørselen om voldgift og all korrespondanse mellom ICSID og partene til medlemmene av nemnda, inkludert enhver anmodning om foreløpige tiltak, sikkerhet for kostnader, varsel om tredjepartsfinansiering eller innsigelse om at kravet er åpenbart uten juridisk fortjeneste som ble anlagt før konstitusjonen av domstolen (Voldgiftsregel 21).
Den første sesjonen i nemnda må holdes innen 60 dager fra konstitusjonsdatoen, med mindre partene blir enige om noe annet (). Tribunalsekretæren vil kontakte partene for å spørre om deres tilgjengelighet for sesjonen.Voldgiftsregel 29
En part kan reise foreløpige innvendinger i henhold til Voldgiftsregel 41 senest 45 dager etter konstitusjonen, med mindre partene har blitt enige om noe annet.< /span>
Nemndas sekretær vil be partene om å betale et forskudd for å dekke kostnadene ved prosedyren (Administrativ og finansiell Forskrift 15 (1)(b)). Størrelsen på dette forskuddet vil variere avhengig av antall voldgiftsdommere og de forventede utgiftene i den påfølgende fasen av prosedyren. Partene kan forvente en forespørsel om et forskudd i størrelsesorden USD 150 000-200 000 per part. Beløpet som ble forskuddsbetalt av fordringshaveren ved registrering av forespørselen om voldgift vil bli betraktet som delvis betaling av dens andel av dette forskuddet (Administrativ og finansforskrift 15(1)(a) a>).

Fra DnB markets...
Hei,
Vi har ikke nødvendig tillatelse til å utlevere informasjonen du etterspør.
Vi anbefaler deg evt. å ta direkte kontakt med selskapet.

Spot on! jeg blir sittende:-)

Blir med på spleisen

Ja tenkte det samme. Skal etterspørre listen i morgen hos DnB.