Lord Wincheste
04.06.2024 kl 11:01
2997
Lord Wincheste skrev https://www.gibsondunn.com/lawyer/moloo-rahim/
JobPeterson
04.06.2024 kl 10:25
2725
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Update on Arbitrations against Republic of Tunisia
Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA; OTCQB: ZENAF), the listed international energy production and development company, is pleased to provide an update regarding the ongoing ICC Arbitration for SLK against the Republic of Tunisia ("ICC 2 Arbitration") and the ICSID Arbitration against the Republic of Tunisia ("ICSID Arbitration").
Zenith Energy Africa Ltd. ("ZEAL"), Zenith Overseas Assets Ltd. ("ZOAL") and Compagnie du Désert Ltd. ("CDD") have appointed Rahim Moloo and Robert Spano of the law firm Gibson, Dunn & Crutcher LLP ("Gibson Dunn") to act as counsel in their claims against the Republic of Tunisia brought under the bilateral investment treaty between the United Kingdom and Tunisia under the auspices of the International Centre for Settlement of Investment Disputes for the ICSID Arbitration.
Similarly, Canadian North Africa Oil and Gas Limited ("CNAOG") has also appointed Rahim Moloo and Robert Spano of Gibson Dunn to act as counsel in the parallel arbitration proceedings brought against Tunisia under the auspices of the ICC for the ICC 2 Arbitration.
Gibson Dunn has appeared in numerous high-stake arbitral proceedings before all major arbitral institutions. Gibson Dunn's international arbitration lawyers are regularly ranked by legal publications.
Rahim Moloo is a partner and co-chair of the firm's International Arbitration Group. He has been recognized by Who's Who Legal as "one of the most skilled advocates of his generation" and a "Global Elite Thought Leader".
Robert Spano is the former president of the European Court of Human Rights, the youngest judge ever to be elected to the presidency in the Court's history.
Andrea Cattaneo, Chief Executive Officer, commented:
"We are delighted to appoint Gibson Dunn, one of the world's leading arbitration specialists, as legal counsel in relation to the ICC 2 Arbitration and ICSID Arbitration.
The Company will work closely with Rahim Moloo and Robert Spano with the objective of redressing the very significant damages caused by the actions of the Tunisian authorities to the detriment of Zenith and its shareholders."
("Zenith" or the "Company")
Update on Arbitrations against Republic of Tunisia
Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA; OTCQB: ZENAF), the listed international energy production and development company, is pleased to provide an update regarding the ongoing ICC Arbitration for SLK against the Republic of Tunisia ("ICC 2 Arbitration") and the ICSID Arbitration against the Republic of Tunisia ("ICSID Arbitration").
Zenith Energy Africa Ltd. ("ZEAL"), Zenith Overseas Assets Ltd. ("ZOAL") and Compagnie du Désert Ltd. ("CDD") have appointed Rahim Moloo and Robert Spano of the law firm Gibson, Dunn & Crutcher LLP ("Gibson Dunn") to act as counsel in their claims against the Republic of Tunisia brought under the bilateral investment treaty between the United Kingdom and Tunisia under the auspices of the International Centre for Settlement of Investment Disputes for the ICSID Arbitration.
Similarly, Canadian North Africa Oil and Gas Limited ("CNAOG") has also appointed Rahim Moloo and Robert Spano of Gibson Dunn to act as counsel in the parallel arbitration proceedings brought against Tunisia under the auspices of the ICC for the ICC 2 Arbitration.
Gibson Dunn has appeared in numerous high-stake arbitral proceedings before all major arbitral institutions. Gibson Dunn's international arbitration lawyers are regularly ranked by legal publications.
Rahim Moloo is a partner and co-chair of the firm's International Arbitration Group. He has been recognized by Who's Who Legal as "one of the most skilled advocates of his generation" and a "Global Elite Thought Leader".
Robert Spano is the former president of the European Court of Human Rights, the youngest judge ever to be elected to the presidency in the Court's history.
Andrea Cattaneo, Chief Executive Officer, commented:
"We are delighted to appoint Gibson Dunn, one of the world's leading arbitration specialists, as legal counsel in relation to the ICC 2 Arbitration and ICSID Arbitration.
The Company will work closely with Rahim Moloo and Robert Spano with the objective of redressing the very significant damages caused by the actions of the Tunisian authorities to the detriment of Zenith and its shareholders."
Sia
04.06.2024 kl 10:22
2643
Lord Wincheste skrevInnlegget er slettet
June 4, 2024
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Update on Arbitrations against Republic of Tunisia
Zenith Energy Ltd. (LSE: ZEN ; OSE: ZENA ; OTCQB: ZENAF), the listed international
energy production and development company, is pleased to provide an update
regarding the ongoing ICC Arbitration for SLK against the Republic of Tunisia
("ICC 2 Arbitration") and the ICSID Arbitration against the Republic of Tunisia
("ICSID Arbitration").
Zenith Energy Africa Ltd. ("ZEAL"), Zenith Overseas Assets Ltd. ("ZOAL") and
Compagnie du Désert Ltd. ("CDD") have appointed Rahim Moloo and Robert Spano of
the law firm Gibson, Dunn & Crutcher LLP ("Gibson Dunn") to act as counsel in
their claims against the Republic of Tunisia brought under the bilateral
investment treaty between the United Kingdom and Tunisia under the auspices of
the International Centre for Settlement of Investment Disputes for the ICSID
Arbitration.
Similarly, Canadian North Africa Oil and Gas Limited ("CNAOG") has also
appointed Rahim Moloo and Robert Spano of Gibson Dunn to act as counsel in the
parallel arbitration proceedings brought against Tunisia under the auspices of
the ICC for the ICC 2 Arbitration.
Gibson Dunn has appeared in numerous high-stake arbitral proceedings before all
major arbitral institutions. Gibson Dunn's international arbitration lawyers are
regularly ranked by legal publications.
Rahim Moloo is a partner and co-chair of the firm's International Arbitration
Group. He has been recognized by Who's Who Legal as "one of the most skilled
advocates of his generation" and a "Global Elite Thought Leader".
Robert Spano is the former president of the European Court of Human Rights, the
youngest judge ever to be elected to the presidency in the Court's history.
Andrea Cattaneo, Chief Executive Officer, commented:
"We are delighted to appoint Gibson Dunn, one of the world's leading arbitration
specialists, as legal counsel in relation to the ICC 2 Arbitration and ICSID
Arbitration.
The Company will work closely with Rahim Moloo and Robert Spano with the
objective of redressing the very significant damages caused by the actions of
the Tunisian authorities to the detriment of Zenith and its shareholders."
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Update on Arbitrations against Republic of Tunisia
Zenith Energy Ltd. (LSE: ZEN ; OSE: ZENA ; OTCQB: ZENAF), the listed international
energy production and development company, is pleased to provide an update
regarding the ongoing ICC Arbitration for SLK against the Republic of Tunisia
("ICC 2 Arbitration") and the ICSID Arbitration against the Republic of Tunisia
("ICSID Arbitration").
Zenith Energy Africa Ltd. ("ZEAL"), Zenith Overseas Assets Ltd. ("ZOAL") and
Compagnie du Désert Ltd. ("CDD") have appointed Rahim Moloo and Robert Spano of
the law firm Gibson, Dunn & Crutcher LLP ("Gibson Dunn") to act as counsel in
their claims against the Republic of Tunisia brought under the bilateral
investment treaty between the United Kingdom and Tunisia under the auspices of
the International Centre for Settlement of Investment Disputes for the ICSID
Arbitration.
Similarly, Canadian North Africa Oil and Gas Limited ("CNAOG") has also
appointed Rahim Moloo and Robert Spano of Gibson Dunn to act as counsel in the
parallel arbitration proceedings brought against Tunisia under the auspices of
the ICC for the ICC 2 Arbitration.
Gibson Dunn has appeared in numerous high-stake arbitral proceedings before all
major arbitral institutions. Gibson Dunn's international arbitration lawyers are
regularly ranked by legal publications.
Rahim Moloo is a partner and co-chair of the firm's International Arbitration
Group. He has been recognized by Who's Who Legal as "one of the most skilled
advocates of his generation" and a "Global Elite Thought Leader".
Robert Spano is the former president of the European Court of Human Rights, the
youngest judge ever to be elected to the presidency in the Court's history.
Andrea Cattaneo, Chief Executive Officer, commented:
"We are delighted to appoint Gibson Dunn, one of the world's leading arbitration
specialists, as legal counsel in relation to the ICC 2 Arbitration and ICSID
Arbitration.
The Company will work closely with Rahim Moloo and Robert Spano with the
objective of redressing the very significant damages caused by the actions of
the Tunisian authorities to the detriment of Zenith and its shareholders."
JobPeterson
03.06.2024 kl 10:16
3049
Zenith might be talking to a big player about buying stuff in Italy. It could be anyone, but yeah, it might be Coro but Remember, they tried to buy them a few years ago, and Coro's in trouble right now. It feels like a smart move for Zenith if they're getting a good deal, but honestly, we're just guessing for now.
The last update on the court case against SMP was back in October 2023. They said the next hearing was supposed to be on October 27th, but we never heard anything. There could be a bunch of reasons for that, but most likely the hearing got postponed, and there was nothing new to report. What we do know for sure is the trial isn't over. If it was, as MG pointed out, they'd have to tell the market. Since they haven’t, it's still ongoing.
The last update on the court case against SMP was back in October 2023. They said the next hearing was supposed to be on October 27th, but we never heard anything. There could be a bunch of reasons for that, but most likely the hearing got postponed, and there was nothing new to report. What we do know for sure is the trial isn't over. If it was, as MG pointed out, they'd have to tell the market. Since they haven’t, it's still ongoing.
tsu for all
02.06.2024 kl 22:29
3133
Jotun71 skrev hei, noen som fremdeles driver og snitter ned GAV?
hold på aksjene, Juni blir spennend pga taushet lenge og snart ferie
ser vi 0,80 i juni ? splitten var 0,50
ser vi 0,80 i juni ? splitten var 0,50
Redigert 02.06.2024 kl 22:31
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birol
31.05.2024 kl 20:16
3491
Hadde ikke Zena 100-150k tønner med olje som var verd 10-15m dollar også?
JobPeterson
31.05.2024 kl 16:33
3563
About the money raised for projects like Tilapia, Benin, Tunisia, Nigeria, and Italy – you think more money has been raised than spent, but that's just your opinion. They had to keep things running in Tilapia for years until the Congolese government stopped playing games. Operations in Tunisia are still going and costing money even if they’re not seeing any oil. They can’t just walk away because it would hurt their court case. The Benin/Nigeria funds probably got moved to the Kazakhstan deal. As for Italy, they're negotiating for acquisitions right now, as you mentioned.
On US production, I can’t give you numbers on how much has been acquired or spent because that info hasn’t been announced. If you have this info, please share, because I can’t find it anywhere publicly. Clearly, you know more than I do on this matter.
On US production, I can’t give you numbers on how much has been acquired or spent because that info hasn’t been announced. If you have this info, please share, because I can’t find it anywhere publicly. Clearly, you know more than I do on this matter.
Redigert 31.05.2024 kl 16:37
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JobPeterson
31.05.2024 kl 16:32
3535
You’re right, Zenith isn't owed $150 million. But, they are suing for that amount and spending money on legal action, so they clearly believe they have a good shot at getting at least some of it. Others have mentioned this before: ETAP sold Zenith’s oil and didn't pay them. Zenith already convinced a court to freeze $6.5 million of ETAP's money in a Swiss bank account, so they obviously have evidence of wrongdoing. Plus, they haven’t sold any oil from Tunisia since April 2022, and those wells should've produced at least $12 million worth of oil each year. That means they’ve missed out on around $24 million already. Add that to the $6.5 million, and you’re at $30 million minimum, not counting damages.
futureistoday
30.05.2024 kl 22:21
3734
Hvilken voldgift er det du snakker om i Kongo? Kan du henvise til den?😁
futureistoday
30.05.2024 kl 22:18
3735
Kan du vise til hvor noen SKYLDER 150 mill USD? Du har rett å slett ikke peiling i det hele tatt, det er det samme som og si jeg skal selge bilen min for 20 millioner. Det betyr jo ikke at jeg får 20 millioner for den. Det er ingen som SKYLDER zenith 150 mill USD. Jo fortere du forstår det jo bedre. Men jeg har innsett at det nytter ikke og prøve og hjelpe deg da du ikke klarer lese og forstå hva som er fakta.
Og det er ikke hva din tolkning (følelser) tror og håper. Men siden du vet så mye og forteller *fakta* så må jeg spørre deg.
Hva har pengene som ble hentet inn til tilapia, Benin, utvikling i Tunisia, Nigeria, oppkjøp i Italia utvikling av felt i Italia egentlig gått til? For ingenting av det pengene ble hentet inn til har skjedd.
Du kan kanskje også si meg hvor mye oljeproduksjon vi har per idag i usa, og hva det har kostet?
Gleder meg til og få FAKTA av deg på disse spørsmålene. Og hvis du ikke kan svare på de, så kan du glemme og klage på meg 😋
Og det er ikke hva din tolkning (følelser) tror og håper. Men siden du vet så mye og forteller *fakta* så må jeg spørre deg.
Hva har pengene som ble hentet inn til tilapia, Benin, utvikling i Tunisia, Nigeria, oppkjøp i Italia utvikling av felt i Italia egentlig gått til? For ingenting av det pengene ble hentet inn til har skjedd.
Du kan kanskje også si meg hvor mye oljeproduksjon vi har per idag i usa, og hva det har kostet?
Gleder meg til og få FAKTA av deg på disse spørsmålene. Og hvis du ikke kan svare på de, så kan du glemme og klage på meg 😋
futureistoday
30.05.2024 kl 22:09
2311
Oktober er hva de sa sist. (Og de er ganske sikre på det denne gangen)😅Nå har vi jo ventet 2,5 år siden de sa det skulle være ferdig første gang (San Andrea)😂 så jeg holder ikke pusten denne gangen heller
JobPeterson
30.05.2024 kl 22:06
2238
fremtidig i dag skriver du så mye søppel. Pengene som brukes i selskapet er tydelige i selskapets regnskap. Du har en vendetta mot selskapet og du lager så mange løgner for å rettferdiggjøre hatet ditt mot direktørene.
Fakta er at selskapet skylder 150 millioner dollar og snart skal vi produsere sikker olje i USA. Når vi vinner voldgiftene i Kongo og Tunisia vil vi være verdt mer enn ti ganger markedsverdien.
Fakta er at selskapet skylder 150 millioner dollar og snart skal vi produsere sikker olje i USA. Når vi vinner voldgiftene i Kongo og Tunisia vil vi være verdt mer enn ti ganger markedsverdien.
Blientotre
30.05.2024 kl 19:49
2309
Er det ikke rundt disse tider utvidelsen av Italia-produksjonen skal stå ferdig?
futureistoday
30.05.2024 kl 17:10
2395
Lord Wincheste skrev kilde dette?
Står i børsmeldingen ang Italia produksjonen
futureistoday
30.05.2024 kl 09:29
2505
I siste oppdatering på den italienske porteføljen så skrives det at de er under forhandlinger med en større motpart ang oppkjøp, er det Coro Energy det kan være snakk om? De prøvde og kjøpe de for ca 5 år siden men pga dårlige markedsforhold og vanskeligheter med myndighetene så gav de opp. Ser nå at Coro Energy er satt i suspension på børsen og har etter hva jeg klarer og se store pengeproblemer.
Redigert 30.05.2024 kl 09:30
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futureistoday
30.05.2024 kl 09:12
2497
Er det noen som vet når siste dag i retten var i Zenith vs Smp saken? Eller om de skal flere ganger? Iflg firmaet så forventet de dom før sommeren, altså ila juni slik jeg har tolket det.
futureistoday
29.05.2024 kl 09:07
2725
Tunisia ble noe av ja, det jeg mente ifb med Tunisia , er pengeinnhentingen de har hatt i flere omganger til boring av brønner, utvikling av felt etc i Tunisia som aldri skjedde, men pengene forsvant okke som. Jeg regner også med at det vil gå i zenith’s favør i den første saken. Men når aksjen blir mer og mer utvannet og faller i verdi så sitter vi som aksjonærer ikke noe godt i det uansett. Hvis de derimot vinner frem fullt ut i saken mot smp OG fullt ut det første icc kravet og får betalt vekk endel av den enorme gjelden så kan vi muligens få pengene våre tilbake i det minste. Men historien har vist at pengene forsvinner i det store intet *les administrasjon og gudene vet hva annet. Det er snakk om veldig store beløp som har blitt hentet inn opp igjennom åra og fremdeles så har vi en produksjon som jeg etter alle meldinger hsr klart og tyde til ca 20 fat per dag (som muligens kan være stoppet opp da vi ikke får solgt) helt utrolig etter 17 år som *oljefirma*
Lord Wincheste
29.05.2024 kl 08:26
2767
Enig i ganske mye av det du skriver her futureistoday. Mange avtaler har det ikke blitt noe av. Dog ble det noe av tunisia og italia har levert godt underveis, og Zenith har en rigg som har en god del verdier. Så har de også små men produserende felter i usa. Pt for knapp produksjon. Så har de dyttet noen millioner inn i Devion up front, som kan trekkes tilbake hvis avtalen kanselleres. Så like bekmørkt som det du sier er det nok ikke. Når det gjelder voldgiftskrav. -Ingen vet fasiten der, men vi vet at Tunisia har utnyttet mindre aktører før, vi vet at de trenere, og vi vet at de har en svært dårlig sak, så fremt Zenith har stamina til å etterfølge kravene med den tiden det tar. Vi kan også regne med at første krav på ca 90-100 mnok i frosne midler med høy sannsynlighet går i Zenas favør. Bortsett fra det, ja, mye stang ut, AC lager meldinger som høres veldig forlokkende ut i sin måte å lage prosa på og er meget velformulert. Evig optimist.
futureistoday
29.05.2024 kl 00:42
2887
Na var det vel jeg som la frem den børsmeldingen til deg da DU skrev at de ville få en kunngjøring innen kort tid. Og jeg måtte rette på deg, og henviste til nettopp den børsmeldingen at firmaet forventet avgjørelse i slutten av 2024 og ikke innen 1-2 mnd eller hva nå enn du påstod. En ting kan jeg si deg, jeg har mye bedre kontroll på hva som har blitt sagt og gjort av firmaet enn hva du har. Det har du bekreftet i alle dine innlegg. Så ikke kom her og si jeg skriver tull, jeg må nå rette på deg hele tiden fordi du skriver hva du føler og prøver og få det fremlagt som fakta istedenfor og forholde det til hva som har blitt sagt og ikke minst gjort.
Eller skal vi si det som ikke har blitt gjort.
Jeg skal gi deg ett tips, gå inn og les børsmeldingene for de siste 4 årene og se hva firmaet har hentet inn penger til. Så kan du si meg hvor pengene har blitt av og hvor mange av ”prosjektene” som har blitt gjennomført. Før duhar gjort det så bør du ikke legge ut mer av dine såkalte fakta *les følelser/meninger.
Du kommer til og få bakoversveis over alle fantastiske avtaler som har blitt laget og på millioner som har blitt innhentet og ikke en dritt har blitt gjort. Det har vært Nigeria, Kongo, Benin , Tunisia, Italia , Jemen og masse andre land. De skal kjøpe felter, de skal borre, de skal utvikle, de skal øke produksjon etc etc etc. plutselig hører vi ikke noe, så er prosjektene borte vekk, og det samme er pengene.
Les deg opp, så kan du fortelle meg at jeg skriver tull
Og du skriver fortsatt at penger skyldt til zenith er $150 mill, det er bare tull, zenith har lagt inn voldgiftskrav på det beløpet. Det er ikke noe som er zenith skyldig, det er en VESENTLIG forskjell.
Eller skal vi si det som ikke har blitt gjort.
Jeg skal gi deg ett tips, gå inn og les børsmeldingene for de siste 4 årene og se hva firmaet har hentet inn penger til. Så kan du si meg hvor pengene har blitt av og hvor mange av ”prosjektene” som har blitt gjennomført. Før duhar gjort det så bør du ikke legge ut mer av dine såkalte fakta *les følelser/meninger.
Du kommer til og få bakoversveis over alle fantastiske avtaler som har blitt laget og på millioner som har blitt innhentet og ikke en dritt har blitt gjort. Det har vært Nigeria, Kongo, Benin , Tunisia, Italia , Jemen og masse andre land. De skal kjøpe felter, de skal borre, de skal utvikle, de skal øke produksjon etc etc etc. plutselig hører vi ikke noe, så er prosjektene borte vekk, og det samme er pengene.
Les deg opp, så kan du fortelle meg at jeg skriver tull
Og du skriver fortsatt at penger skyldt til zenith er $150 mill, det er bare tull, zenith har lagt inn voldgiftskrav på det beløpet. Det er ikke noe som er zenith skyldig, det er en VESENTLIG forskjell.
JobPeterson
28.05.2024 kl 22:26
2955
Allroad18 skrev Haben sie angst fûr norwegisch ?😂
beklager at kunngjøringen var på engelsk. også futureistoday snakket til meg på engelsk.
MarketGunsling
28.05.2024 kl 17:22
3098
I always get those mixed up. Corrected version below.
You have to appreciate that compensation via the legal route takes time. I am sure that the company in general and AC in particular would love for the legal process to go quicker, just like us investors do, but the fact is that it is a slow process.
We know that AC is going after compensation from the SMP (French drilling contractor) via the French courts and for compensation from Tunisia via the international arbitration courts and we just have to sit tight and wait to see how these court cases play out. You cannot criticise AC for the amount of time that these cases are taking as that is just the nature of the legal system.
The one place where we could do with more clarity is about what is happening with the SNPC (Congolese state oil company) money that is owed. However, it would not surprise me if the company were awaiting success in the other two court cases before they pursue this. I would definitely be surprised if it were totally forgotten.
You have to appreciate that compensation via the legal route takes time. I am sure that the company in general and AC in particular would love for the legal process to go quicker, just like us investors do, but the fact is that it is a slow process.
We know that AC is going after compensation from the SMP (French drilling contractor) via the French courts and for compensation from Tunisia via the international arbitration courts and we just have to sit tight and wait to see how these court cases play out. You cannot criticise AC for the amount of time that these cases are taking as that is just the nature of the legal system.
The one place where we could do with more clarity is about what is happening with the SNPC (Congolese state oil company) money that is owed. However, it would not surprise me if the company were awaiting success in the other two court cases before they pursue this. I would definitely be surprised if it were totally forgotten.
futureistoday
28.05.2024 kl 15:11
3163
Smp is not the congolese state company, smp is the french drilling contractor that was hired to drill for cnaaog (that zenith bought) and is now sued by zenith. Full name is SMP Energies.
Snpc is the state company (Société nationale des pétroles du Congo)
Snpc is the state company (Société nationale des pétroles du Congo)
JobPeterson
28.05.2024 kl 15:09
3155
What did I say that wasn’t fact? You’re claiming that AC hasn’t gone after the money owed by the Congolese and the Tunisian government, I am stating he is as written in the RNS announcements. The money owed in total is over $150 million, feel free to correct me where I am talking without fact. In fact the last rns stated
“ The Arbitral Tribunal for ICC Arbitration 1 is expected to convene during the month of April 2024. A decision, resulting in a potential award favourable to EPZ, is expected to be made by the close of 2024.
The ICC Arbitration 1 claim is in the amount of approximately US$7.5 million including accrued interest resulting from late payment. “
What you write is gibberish what I am posting is in fact….fact
“ The Arbitral Tribunal for ICC Arbitration 1 is expected to convene during the month of April 2024. A decision, resulting in a potential award favourable to EPZ, is expected to be made by the close of 2024.
The ICC Arbitration 1 claim is in the amount of approximately US$7.5 million including accrued interest resulting from late payment. “
What you write is gibberish what I am posting is in fact….fact
futureistoday
28.05.2024 kl 15:05
3161
It is quite clear i read and understand the rns much better than you. You just wriite about your own feelings NOT the factual state of the rns etc…
JobPeterson
28.05.2024 kl 14:30
3196
Maybe you should bother reading he rns that the company announced instead of moaning and saying you’ve been invested for a decade. Arbitrations take time and will be concluded when the court cases are done with.
Redigert 28.05.2024 kl 14:33
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