Blientotre
05.06.2024 kl 10:15
3994
Er det noen som har informasjon om hva som foregÄr i US?
Latterlig av dem Ä melde om produksjon i meldingen - sÄ er det ikke en eneste investor som vet hva den innebÊrer.
Latterlig av dem Ä melde om produksjon i meldingen - sÄ er det ikke en eneste investor som vet hva den innebÊrer.
futureistoday
05.06.2024 kl 04:02
2167
Er veldig klar over at det ofte er ett lengre tidsperspektiv i rettssaker, og det ofte gÄr mye lenger enn forventet. Denne saken som de fleste andre har ogsÄ gÄtt lenger enn hva de fÞrst trodde. Men det er ikke dette jeg spurte om, mitt spÞrsmÄl er : Er det noen som VET nÄr sist dato i retten var? IfÞlge Andrea i sitt siste intervju sÄ sa han rett ut at det er forventet domsavsigelse late spring/ early summer. Derfor jeg prÞver og finne ut nÄr siste dag i rettsak var.
Skal du svare sÄ mÄ du svare pÄ spÞrsmÄlet istedenfor og bruke ett innlegg pÄ og fortelle meg at jeg ikke har peiling pÄ rettssystemet.
Skal du svare sÄ mÄ du svare pÄ spÞrsmÄlet istedenfor og bruke ett innlegg pÄ og fortelle meg at jeg ikke har peiling pÄ rettssystemet.
JobPeterson
04.06.2024 kl 18:54
2340
Any judgement coming down all depends on whether they have had the final hearing yet. We clearly haven't had that yet, probably because:
(a) the July 3rd 2023 RNS told us that SMP were criticised for deliberately delaying proceedings and that was why Zenith were awarded 30,000 euros in damages
(b) if there had been a final hearing the zenith would have had to announce it.
You clearly have little familiarity with court proceedings if you don't know that lengthy delays are the norm. Any time a stay of hearing is granted it is always months before the next date is announced.
(a) the July 3rd 2023 RNS told us that SMP were criticised for deliberately delaying proceedings and that was why Zenith were awarded 30,000 euros in damages
(b) if there had been a final hearing the zenith would have had to announce it.
You clearly have little familiarity with court proceedings if you don't know that lengthy delays are the norm. Any time a stay of hearing is granted it is always months before the next date is announced.
BMU
04.06.2024 kl 18:22
2372
I feel like now Its over before it has begun for all counterpart ÂŽs in Zenith courts . We need just to settle one or maybe two of them, the rest will be begging for pree agreement . I don't think that they ar so naive and not taking reconsideration that : By risking greater losses in court expenses.
Well done AC and Co.
This is beauty in struggling. Now we wait for success.
Well done AC and Co.
This is beauty in struggling. Now we wait for success.
futureistoday
04.06.2024 kl 18:04
2390
Hei, nei pÄ den tiden var det innen 31 mars de forventet Ä ha blitt fremlagt dom, men i ett intervju med Andrea i ettertid av denne bÞrsmeldingen sÄ ble det sagt at de forventet domsavsigelse ilÞpet av sen vÄr/ tidlig sommer. SÄ jeg antar innen denne mÄneden.
Men det jeg lurte pÄ var om noen visste nÄr siste dag i retten var. Det har ikke blitt nevnt datoer de har vÊrt i retten. Normalt sett sÄ mener jeg domsavsigelse skal fremlegges innen 3 uker etter siste rettsdag, derfor jeg lurer. Skal nevnes at jeg overhodet ikke er sikker pÄ om denne tidsfristen stemmer i Frankrike.
Er bare slik jeg har forstÄtt normal rettspraksis og er helt Äpen for at jeg kan ta feil pÄ dette punktet.
Men det jeg lurte pÄ var om noen visste nÄr siste dag i retten var. Det har ikke blitt nevnt datoer de har vÊrt i retten. Normalt sett sÄ mener jeg domsavsigelse skal fremlegges innen 3 uker etter siste rettsdag, derfor jeg lurer. Skal nevnes at jeg overhodet ikke er sikker pÄ om denne tidsfristen stemmer i Frankrike.
Er bare slik jeg har forstÄtt normal rettspraksis og er helt Äpen for at jeg kan ta feil pÄ dette punktet.
Sia
04.06.2024 kl 16:25
2447
Det var vel 31 Mars Ref RNS 7543E:
On July 15, 2019, AIM quoted Anglo African Oil & Gas ("AAOG"), the previous owner of AAOGC prior to its acquisition by Zenith, announced that AAOGC had initiated a legal claim (the "Claim") in the Paris Commercial Court against SMP following a series of significant performance failures by the SMP 102 rig (the "Rig") during drilling activities in wells TLP-103 and TLP-103C, and the refusal of SMP to engage in negotiations to cover the significant cost overruns that had been incurred by AAOGC as a result.
On February 17, 2023, Zenith announced that it had increased the claimed amount for SMP's failures during drilling activities to US$9 million in consideration of the significant commercial damages suffered by AAOGC, specifically the impossibility to begin production activities from the Tilapia oilfield, as a direct result.
The Company believes that the Claim launched by AAOGC has merit, especially because of the significant evidence collected at the time to substantiate its position and has since intensified its legal activities in support of the Claim by commissioning third-party expert reports.
A final decision in respect of the Claim is expected prior to the close of Zenith's next financial year, March 31, 2024.
On July 15, 2019, AIM quoted Anglo African Oil & Gas ("AAOG"), the previous owner of AAOGC prior to its acquisition by Zenith, announced that AAOGC had initiated a legal claim (the "Claim") in the Paris Commercial Court against SMP following a series of significant performance failures by the SMP 102 rig (the "Rig") during drilling activities in wells TLP-103 and TLP-103C, and the refusal of SMP to engage in negotiations to cover the significant cost overruns that had been incurred by AAOGC as a result.
On February 17, 2023, Zenith announced that it had increased the claimed amount for SMP's failures during drilling activities to US$9 million in consideration of the significant commercial damages suffered by AAOGC, specifically the impossibility to begin production activities from the Tilapia oilfield, as a direct result.
The Company believes that the Claim launched by AAOGC has merit, especially because of the significant evidence collected at the time to substantiate its position and has since intensified its legal activities in support of the Claim by commissioning third-party expert reports.
A final decision in respect of the Claim is expected prior to the close of Zenith's next financial year, March 31, 2024.
JobPeterson
04.06.2024 kl 14:32
2507
lukker aksjekursen over 0,3 vil det se veldig sterkt ut for en oppgang pÄ listene
MarketGunsling
04.06.2024 kl 13:47
2577
The announcement today by Zenith Energy that Gibson, Dunn & Crutcher are to represent them in the upcoming arbitration cases against the Republic of Tunisia is a major coup for the company and us shareholders.
I have spent the morning looking into Gibson Dunn and they are consistently ranked one of the 10 best law firms in the world. They have a revenue of $2 billion and they have 1,400 lawyers on their books. They represented Apple in their patent infringement case vs Samsung and Intel in billion dollar law suits vs AMD. They are also ranked no 1 in the world for cross-border corporate investigations. Make no mistake, this firm is a massive world level legal player and they would not waste their time getting involved in Zenithâs case against Tunisia unless they thought that they would win.
The individual lawyers that Zenith now have representing them are at the top of their game. Rahim Moloo, according to the Gibson Dunn website (https://www.gibsondunn.com/lawyer/moloo-rahim/) has huge experienced in international arbitrations and is described as âco-chair of the firmâs International Arbitration Group, which won âInternational Arbitration Group of the Yearâ from Law360 twice in the last four yearsâ. He has also beeninvolved in multi-billion dollar investor vs state arbitrations as per his bio. Robert Spano is perhaps even more impressive having already been the youngest judge elected to the presidency of the European Court of Human Rights in its history and is in the top 500 lawyers in the world for International Arbitration and International Law (again see his bio: https://www.gibsondunn.com/lawyer/spano-robert/) .
The appointment of such big-time (and expensive) legal representation does raise the question of how Zenith are going to pay for the service, but as has been pointed out on other forums, litigation funding is a pretty standard way of doing this so I expect that they will look to go in this direction. After all, Rockhopper used exactly this method to fund their successful âŹ190 million claim against the Italian government in 2022 about their refusal to grant permission to produce from the Ombrina Mare oil field. Rockhopper used a company called Harbour Litigation Funding to finance their claim (see: https://caneurope.org/outrage-as-italy-ordered-to-pay-out-millions-to-oil-investor-over-energy-charter-treaty-claim/) and the company had all its costs funded on a no win-no fee basis with the funder taking 20% of the total award (see their August 24th 2022 RNS: https://www.lse.co.uk/rns/RKH/successful-arbitration-outcome-ghfoaxbww0fd2dx.html)
Given that the perfect example of how to fund international arbitration funding has already been given by Rockhopper then it is only reasonable to assume that Zenith will follow the same route.
Imagine what a difference a $180 million award would make to Zenith Energy â even after paying out 20% of this to litigation funders. This could be massive for the company and this latest announcement makes our chances of success much much greater than they were yesterday.
The appointment of this legal team should give all of us shareholders and enormous boost to the success of our case against Tunisia. These sort of people do not like to lose and so they would have had to be convinced that Zenith had a big chance of success before they would have agreed to take the case. The fact that they have, alongside the fact that Zenith have already seized $6.5 million from ETAP and had a $120,000 award made to then for Tunisiaâs misconduct in this case should demonstrate to us all that Zenith have a very high chance of winning.
I have spent the morning looking into Gibson Dunn and they are consistently ranked one of the 10 best law firms in the world. They have a revenue of $2 billion and they have 1,400 lawyers on their books. They represented Apple in their patent infringement case vs Samsung and Intel in billion dollar law suits vs AMD. They are also ranked no 1 in the world for cross-border corporate investigations. Make no mistake, this firm is a massive world level legal player and they would not waste their time getting involved in Zenithâs case against Tunisia unless they thought that they would win.
The individual lawyers that Zenith now have representing them are at the top of their game. Rahim Moloo, according to the Gibson Dunn website (https://www.gibsondunn.com/lawyer/moloo-rahim/) has huge experienced in international arbitrations and is described as âco-chair of the firmâs International Arbitration Group, which won âInternational Arbitration Group of the Yearâ from Law360 twice in the last four yearsâ. He has also beeninvolved in multi-billion dollar investor vs state arbitrations as per his bio. Robert Spano is perhaps even more impressive having already been the youngest judge elected to the presidency of the European Court of Human Rights in its history and is in the top 500 lawyers in the world for International Arbitration and International Law (again see his bio: https://www.gibsondunn.com/lawyer/spano-robert/) .
The appointment of such big-time (and expensive) legal representation does raise the question of how Zenith are going to pay for the service, but as has been pointed out on other forums, litigation funding is a pretty standard way of doing this so I expect that they will look to go in this direction. After all, Rockhopper used exactly this method to fund their successful âŹ190 million claim against the Italian government in 2022 about their refusal to grant permission to produce from the Ombrina Mare oil field. Rockhopper used a company called Harbour Litigation Funding to finance their claim (see: https://caneurope.org/outrage-as-italy-ordered-to-pay-out-millions-to-oil-investor-over-energy-charter-treaty-claim/) and the company had all its costs funded on a no win-no fee basis with the funder taking 20% of the total award (see their August 24th 2022 RNS: https://www.lse.co.uk/rns/RKH/successful-arbitration-outcome-ghfoaxbww0fd2dx.html)
Given that the perfect example of how to fund international arbitration funding has already been given by Rockhopper then it is only reasonable to assume that Zenith will follow the same route.
Imagine what a difference a $180 million award would make to Zenith Energy â even after paying out 20% of this to litigation funders. This could be massive for the company and this latest announcement makes our chances of success much much greater than they were yesterday.
The appointment of this legal team should give all of us shareholders and enormous boost to the success of our case against Tunisia. These sort of people do not like to lose and so they would have had to be convinced that Zenith had a big chance of success before they would have agreed to take the case. The fact that they have, alongside the fact that Zenith have already seized $6.5 million from ETAP and had a $120,000 award made to then for Tunisiaâs misconduct in this case should demonstrate to us all that Zenith have a very high chance of winning.
TheLondonOiler
04.06.2024 kl 13:15
2603
It seems many are very confident for a big result from the arbitration. The price can multiply within one trading day with any positive result or deal before the court date.
birol
04.06.2024 kl 12:16
2685
LadyofAim pÄ X sier fÞlgende og siterer:
"Zenith Energy have one of the worlds top law firms representing them in their $180 million case vs the Tunisian govt.
Expensive? Not if you have litigation finance firms so convinced of success that they are lining up around the block to fund them.
@zenithenergyltd"
"Zenith Energy have one of the worlds top law firms representing them in their $180 million case vs the Tunisian govt.
Expensive? Not if you have litigation finance firms so convinced of success that they are lining up around the block to fund them.
@zenithenergyltd"
tsu for all
04.06.2024 kl 12:14
2680
melding
https://newsweb.oslobors.no/message/620615
"Vi er glade for Ä utnevne Gibson Dunn, en av verdens ledende voldgiftsspesialister, som juridisk rÄdgiver i forhold til ICC 2 Arbitration og ICSID Arbitration.
Selskapet vil jobbe tett med Rahim Moloo og Robert Spano med mÄl om Ä rette opp de svÊrt betydelige skadene forÄrsaket av handlingene til tunisiske myndigheter til skade for Zenith og dets aksjonÊrer
https://newsweb.oslobors.no/message/620615
"Vi er glade for Ä utnevne Gibson Dunn, en av verdens ledende voldgiftsspesialister, som juridisk rÄdgiver i forhold til ICC 2 Arbitration og ICSID Arbitration.
Selskapet vil jobbe tett med Rahim Moloo og Robert Spano med mÄl om Ä rette opp de svÊrt betydelige skadene forÄrsaket av handlingene til tunisiske myndigheter til skade for Zenith og dets aksjonÊrer
Lord Wincheste
04.06.2024 kl 12:12
2678
SÄ kan vi legge til at AC selv har store eierandeler kjÞpt i Zenith og har et snitt pÄ trolig over 1 kr per aksje. Han er ikke tjent med det noen skremmere her pÄstÄr og ta ut enormt med lÞnn etc.. Han er tjent med at verdien kommer inn i selskapet.
Lord Wincheste
04.06.2024 kl 11:51
2717
Det spiller liten rolle hva annet de driver med. Det er disse sakene som vil gjĂžre om Zenith fra dagens pris 46 mnok - til over 1 milliard. Det er 20 gangeren det. Har fjernet advokatsalĂŠr
TheLondonOiler
04.06.2024 kl 11:45
2721
Robert Spano, the former president of the European Court of Human Rights is one of the legal representatives for zenith against Tunisia. We have a very strong case against Tunisia I expect a quite easy victory. How much we pay from the legal costs I expect 25% of the winnings in most cases and legal costs are paid by the opposition. But that is just a guess.
SebRiberac
04.06.2024 kl 11:28
2743
Lord Wincheste skrev https://www.gibsondunn.com/lawyer/moloo-rahim/
This is awesome news for Zenith! The arbitrations were already going great, and now they've brought in one of the world's top law firms and two superstar lawyers to lead the case. This really shows how confident both the company and their legal team are in winning.
When you bring in the best of the best, it's because you're serious, and Zenith is definitely serious. Big arbitration award on the way, in my opinion.
When you bring in the best of the best, it's because you're serious, and Zenith is definitely serious. Big arbitration award on the way, in my opinion.
Lord Wincheste
04.06.2024 kl 11:06
2783
Lord Wincheste skrev https://en.wikipedia.org/wiki/R%C3%B3bert_Ragnar_Span%C3%B3
Man kan si hva man vil om Zenith i ulike fora. En ting kan man ikke ta fra dem - de gis full gass for Ä fÄ tilbake ranede verdier som tilhÞrer oss. Bedre skodd til Ä mÞte ETAP og evt tunisiske myndigheter er ikke mulig. Ja, det vil kreve mye tÄlmodighet og styrke Ä stÄ i dette for oss aksjonÊrer og det er enormt mye frustrasjon rundt det. Men jeg mener i denne saken at AC gjÞr det eneste riktige - angripe med full styrke. Dette er handling.
Sia
04.06.2024 kl 11:06
2771
Ja, en oppdatering om hva som forgÄr i "sjappa" hadde vÊrt fint snart.
Blientotre
04.06.2024 kl 11:04
2749
Merkelig at de skriver produksjon i US, men markedet og investorer har ingen informasjon om hva som foregÄr der.
Lord Wincheste
04.06.2024 kl 11:01
2753
Lord Wincheste skrev https://www.gibsondunn.com/lawyer/moloo-rahim/
JobPeterson
04.06.2024 kl 10:25
2487
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 DĂ©sert 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 DĂ©sert 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
2405
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 DĂ©sert 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 DĂ©sert 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
2814
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 havenât, 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 havenât, it's still ongoing.
tsu for all
02.06.2024 kl 22:29
2886
Jotun71 skrev hei, noen som fremdeles driver og snitter ned GAV?
hold pÄ 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
Du mÄ logge inn for Ä svare
birol
31.05.2024 kl 20:16
3243
Hadde ikke Zena 100-150k tÞnner med olje som var verd 10-15m dollar ogsÄ?
JobPeterson
31.05.2024 kl 16:33
3314
About the money raised for projects like Tilapia, Benin, Tunisia, Nigeria, and Italy â 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 theyâre not seeing any oil. They canât 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 canât give you numbers on how much has been acquired or spent because that info hasnât been announced. If you have this info, please share, because I canât find it anywhere publicly. Clearly, you know more than I do on this matter.
On US production, I canât give you numbers on how much has been acquired or spent because that info hasnât been announced. If you have this info, please share, because I canât find it anywhere publicly. Clearly, you know more than I do on this matter.
Redigert 31.05.2024 kl 16:37
Du mÄ logge inn for Ä svare
JobPeterson
31.05.2024 kl 16:32
3287
Youâre 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 Zenithâs 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 havenât 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 theyâve missed out on around $24 million already. Add that to the $6.5 million, and youâre at $30 million minimum, not counting damages.
futureistoday
30.05.2024 kl 22:21
3485
Hvilken voldgift er det du snakker om i Kongo? Kan du henvise til den?đ