ZENITH 2024

JobPeterson
ZENA 11.01.2024 kl 11:14 158772

Dette er en fortsettelse av forrige chat-forum.
futureistoday
13.02.2024 kl 14:37 3265

Hei barneskirenn, hva mener du med at det er lagt ut dokumenter? Jeg klarer ikke se noe endring siden 19 januar.
futureistoday
13.02.2024 kl 10:01 3499

Er det bare jeg som finner det merkelig at de ikke vil opplyse hva de 5% i 7 brønner egentlig består av i usa? Jeg synes også det er rart at saken mot smp som beløper seg opp mot 100 mill nok og at Kongo skylder 5,7 mill $ ikke blir nevnt… har de tapt saken mot smp? Har de gitt opp pengene fra Kongo eller har de fått dem og pengene er *borte*? Listen av spm blir bare lengre og lengre, mer forblir ubesvart enn besvart, det er hvertfall helt sikkert. Skal det bli noe bedring så må de skifte ut ledelse og gi klarhet til markedet hva som egentlig har foregått de siste årene
Blientotre
13.02.2024 kl 09:23 3539

Den nye rapporten melder om planlagt produksjon av 100 fat i døgnet i USA Q1 2024, og planlagt øktning til 200 slutten av 2024.
RKW
11.02.2024 kl 06:03 4089

Da var endelig ørkenvandrings bildet på Zeniths hjemmeside borte. Håper ørkenvandringen her også er over nå. Spennende tider, og ny informativ hjemmeside.
JobPeterson
09.02.2024 kl 12:08 4247

Perfect time for AC to ramp up production in Kazakhstan and secure the asset

https://en.trend.az/casia/kazakhstan/3860061.html

Kazakhstan continues to exceed OPEC+ oil production quota - S&P Global
Lord Wincheste
01.02.2024 kl 10:07 4601

Petter Solberg, are U BMU? its not the fart that kills you, its the smell..
BMU
31.01.2024 kl 12:45 4763

From the begin when I startet ore when sum haw was push to wright in Zenith forums always sad ,, As long as they do the work and don't giv up success will come eventually``. For the stuck holders I can say: ,, Nothing will pas you by if is mant for you``that from the experience .
JobPeterson
30.01.2024 kl 10:04 4962

BMU every possible bad news has been digested by the market and barely any of the good news has yet to be priced in. There is 3 weeks left until the Kazakhstan deal will be fully completed and then I suspect the price to finally rise after 2 years of drawback. If I had any spare money I would be throwing everything now at this current price. The arbitration will be sorted by autumn too which will also multiply the market cap.
BMU
29.01.2024 kl 23:47 5125

,Its silence before the storm``. In this case after following Zena forums for many years ,,it´is to silent``I guess Big storm is coming.Let's hope that the wind blows at our backs and not in our faces.
And the song of Bob Segar ,, Against the wind´´it will bee and stay just an old memory forgiven but not forgotten.
Redigert 30.01.2024 kl 00:04 Du må logge inn for å svare
BMU
26.01.2024 kl 17:13 5464

It was wary kind of you to gother such a crucial information and get more insight about Kazakistan so vi can see positive potential for Zenith in that region.
TheLondonOiler
26.01.2024 kl 15:47 5538

Kazakhstan’s decision to concentrate attention and resources on domestic oil and gas capacity fits within a larger pattern, as the fall-out from Russia’s invasion of Ukraine in February 2022 has led to a rethink of energy policy in Astana.

Export plans

Most oil exports today travel via the CPC pipeline through Russia, or Russia’s national pipeline system, Transneft, to Novorossiysk and on to the Black Sea. This route however has suffered a number of weather-related outages and, more recently, Ukrainian attacks on Russian warships, tankers and refineries.

In response, Kazakhstan launched a new export grade to distinguish its crude from sanctioned Russian oil, and has begun buying tankers to shuttle exports across the Caspian Sea to the Baku-Tbilisi-Ceyhan (BTC) pipeline.

Exports to China could rise from just 1 million tonnes this year (about 20,000 bpd) to 130,000 bpd. Along with the expansion of Shymkent, that would be enough to handle most of the increased output by 2027.

These initiatives make Kazakhstan one of relatively few countries in the world able to attract strong investment interest both from international oil companies and local players.

To maintain that attractiveness, improving environmental performance is imperative, and the government has worked with industry to make the necessary adjustments. Levels of gas flaring have dropped sharply from 3.8 billion cubic metres in 2014 to 1 bcm last year.

At the just-concluded COP28 climate conference in Dubai, KMG was one of 30 national oil companies to sign up to the Oil and Gas Decarbonisation Charter (OGDC), which commits them to reach net-zero operational emissions by 2050, and eliminate routine flaring and nearly all methane emissions by 2030.

Two Kazakh companies, KMG and the aforementioned Kazpetrol, have endorsed the World Bank’s initiative for zero routine flaring by 2030. Kazpetrol already uses 97-98% of its associated gas, according to technical director Talgat Abibullaev.

Technical talk

Realising this vision also means confronting Kazakhstan’s many technical challenges. These include deep, ultra-sour reservoirs, environmentally sensitive shallow waters of the Caspian, complex sub-salt imaging, heavy oil, and mature fields.

Kazpetrol, which is enjoying rapid growth in the region, has chosen to pioneer the smart-field concept in Kazakhstan, drawing inspiration from Shell and Chevron. All of its 120 wells will be equipped with sensors. Digitalisation is expected to save about 15% of operating costs, reserves have increased 7% and gas usage dropped 10%.

The company thinks such innovations could double reserves at many fields. If such a dramatic increase could be replicated more widely, digitalisation could be a crucial boost to Kazakhstan’s 2027 ambition.

As the country prepares to undergo a historic expansion, aligning technology, investment and environmental principles will further boost its profile on a global scale and within the OPEC+ alliance – helpful as a reshuffling of quotas looms.





TheLondonOiler
26.01.2024 kl 15:45 5535

Repost from LSE:

Kazakhstan, the second-largest active member of the Opec+ group after Russia, has just announced an ambitious five-year expansion plan for its petroleum sector.

The Central Asian nation’s strategy has the potential to raise its prominence in the exporters’ group and strengthen its domestic energy security, all while challenging other producers to meet new standards of excellence.

To succeed, key players within the industry, including both oil majors and mid-sized regional companies, must bolster investment in advanced technologies, with a determined focus on maximising existing resources and mitigating environmental impacts.

Kazakhstan sits at the nexus of global oil and gas pipelines, including tanker routes that unite the region – north and west through Russia, across the Caspian Sea to Europe, and east to China. On balance, it has an unusually diverse petroleum sector, which features a large state-owned oil company, KazMunayGas (KMG). There are also numerous smaller private Kazakh companies such as Kazpetrol Group, an innovative enterprise owned by Yerkin Tatishev. Foreign international corporations are also well represented, notably Shell, Eni, Chevron, ExxonMobil, CNPC, Lukoil and others.

The new strategy, unveiled on December 6, aims to further transform the country’s position in the energy landscape, and calls for $37.3 billion in spending to cover 20 major projects in oil and gas production, refining and petrochemicals.

Under the plan, the three leading fields, Kashagan, Tengiz and Karachaganak, operated by international consortia featuring KMG and others, will be expanded. This is expected to take national production from 1.769 million bpd in 2022 and a projected 1.85mn bpd this year to 105.5 million tonnes in 2027 (about 2.11mn bpd).

Refinery capacity is also expected to increase by about a quarter, or 120,000 bpd, with the enlargement of the Shymkent facility. Moreover, the important Kenkiyak-Atyrau and Kenkiyak-Kumkol oil pipelines will be expanded, helping to supply oil from western Kazakhstan to domestic refineries and via pipeline to China.

However, without new discoveries, Kazakh production is projected to peak around 2030. Therefore, the strategy places significant emphasis on new developments and exploration. Most notably, the Lukoil-operated Kalamkas More and Khazar fields in the Caspian Sea will be further developed.

Exploration will be intensified, including in deep subsalt formations in the Caspian and South Turgai basins. Added to that, the latest auctions for new fields in October and December 2023 attracted strong interest from local players. Within this, the increasing maturity of older Soviet-era fields, such as the Mangistau and Kyzylorda regions, demand improved recovery rates and reduced operating costs, which can be best achieved through the efforts of focused, smaller companies.
Barneskirenn
25.01.2024 kl 12:04 5817

Sannsynlig ikke 1,5 mrd, men hvis de får kun 1/4 av kravet mener jeg dette er meget bra for veien videre.
olje
25.01.2024 kl 10:24 5924

På høy tid at vi etablerer oss over 50 øre nå.
Mdg1
25.01.2024 kl 10:08 5906

Ganske så høye renter på bonds her. De spiller høyt og trenger penger fra rettsakene for å få betalt ned lånene som nå har nesten 15% rente. Zenith er høy risk nå, så får folk selv gjette hva sannsynligheten er for å vinne rettsaker og hvor mye de eventuelt får. Det kan bli alt fra 0 - 1,5 mrd
olje
25.01.2024 kl 09:08 44206

Lord Wincheste skrev 60 dager fra melding
Det vil vel si innen 20 feb.?

JobPeterson
24.01.2024 kl 11:32 44670

Zenith er nå forberedt på å endelig få aksjekursen til å stige. AC vil endelig levere spesielt etter at Kasakhstan er signert. spennende tider i vente. du har også rett angående bonds
futureistoday
23.01.2024 kl 18:10 44944

Imorgen er dagen da bondsobligasjoner lå til forfall, det er veldig gledelig at det ikke har blitt noe emisjon i forkant av dette, det ser ut som at obligasjonene som lå til forfall har blitt fornyet inn i det nye obligasjonsprogrammet slik jeg klarer lese det som ligger på hjemmesiden til zenith. Hvis dette stemmer så ser det ut som zenith er godt rustet fremover uten noe umiddelbar fare for likviditet skvis😃
Gullit
23.01.2024 kl 08:16 45172

Her har man funnet gull. Håper virkelig dette blir noe av. Tror veldig på det
Kniko
22.01.2024 kl 17:05 45514

Ja man kan fort komme til den konklusjonen. Samtidig så er det ikke helt umulig at de endret strategi da de fikk kjøpt CYAP... Men litt mer klarhet i det hadde vært bra for aksjonærer..
jantt
22.01.2024 kl 13:00 45694

Typisk AC. Fuglene på taget bliver ved med at flyve væk og kursen kommer ikke op.
Nu venter vi bare på at KAZ også bliver annulleret
Sia
22.01.2024 kl 12:39 45740

Da fikk vi vel bekreftelse på disse 3 MOU ene i usa bare var fake news, for kurs pleie:

The Company confirms that, following the acquisition of CYAP in August 2023, it has discontinued and terminated the three separate transactions announced to the market on June 2, 2023, July 5, 2023, and August 3, 2023, respectively.
Blientotre
22.01.2024 kl 11:10 45847

Hvilke nyheter?
Vi venter på borring som er estimert rundt sommeren.
TheLondonOiler
19.01.2024 kl 12:50 46401

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Update on United States portfolio

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 US, is pleased to provide an update regarding the development of Cyber Apps World Inc. ("CYAP"), a U.S. listed company of which Zenith acquired majority control by way of a Securities Purchase Agreement in August 2023, and the Company's previously announced business development activities in the US.

First Acquisition in the US onshore oil and gas space completed by CYAP

On January 16, 2024, CYAP announced that its subsidiary, CYAP Oil, LLC, had successfully bid at auction for a 5% royalty interest in a package of seven (7) producing wells located in the Eagle Ford Shale, Lavaca County, Texas.

This represents CYAP's first transaction in the US energy production and development sector and is, in line with Zenith's strategy for CYAP, a shift away from software development towards identifying and acquiring opportunities in the US energy and production development sector.

CYAP has confirmed that further acquisitions of this kind, specifically royalties in non-operated oil and gas production leases, are planned.

Change of name to Leopard Energy, Inc.

In view of the change in strategic direction away from software development, CYAP has elected to change its name to Leopard Energy, Inc.

It is expected that the name change will become effective once all the necessary regulatory formalities are completed.

Update on US acquisitions announced by Zenith during 2023

The Company confirms that, following the acquisition of CYAP in August 2023, it has discontinued and terminated the three separate transactions announced to the market on June 2, 2023, July 5, 2023, and August 3, 2023, respectively.

Andrea Cattaneo, Chief Executive Officer, commented:

"We are pleased that CYAP has now completed its first acquisition in the US oil and gas space. The acquisition of a non-operated oil and gas production royalty delivers immediate monthly cashflow and will enable an attractive payback of the initial investment.

It our intention that CYAP's first acquisition be followed by various other similar acquisitions in an incremental manner, following geological, financial, and legal due diligence, to achieve 'critical mass' and build a balanced, revenue generating and profitable portfolio.

We believe CYAP will attract financial support from US capital markets as the benefits of implementing an accretive growth strategy centred on purchasing interests in non-operated oil and gas production leases, during a period of favourable energy prices, becomes increasingly apparent."
Gullit
15.01.2024 kl 19:25 47276

Tunisia er ikke en helt glemt sak. En liten produksjon fortsetter der og det kan tenkes det kommer en slags enighet om noen penger og videre produksjon i landet. Time will show.. uansett så hadde der vert fint med noen hundre mill på konto
BMU
15.01.2024 kl 19:07 47309

I absolutely a gre with you. But because of dam bureaucracy for what ever recent ´s we lost possibility to create sum thing beyond just dollar´s and cents.
Redigert 15.01.2024 kl 19:08 Du må logge inn for å svare
JobPeterson
15.01.2024 kl 17:58 47393

BMU I don’t think Tunisia was a mistake, especially if we get a big portion of that $150 million arbitration payout. I would have preferred that in a lump sum than working in Tunisia with full production.
BMU
15.01.2024 kl 12:17 47634

Most of the development's I was expected that could go in both ways when is question about African country's. One ot them have coght me off guard.That is Tunisia. I was taken it for grounded and had high expectations.
- Everybody makes bad choices . Everybody makes mistakes on the life journey ore on the road to destinations,.Life is journey. It's better to admit mistakes and walk the road to success, then to walk with regret ´s on the road to failure.
- If you don’t play you don’t gain, if you don’t risk you don’t win ( p.s. this last one don't do at home ).
Redigert 15.01.2024 kl 12:25 Du må logge inn for å svare