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 😋

Hvilken voldgift er det du snakker om i Kongo? Kan du henvise til den?😁

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.

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.

Hadde ikke Zena 100-150k tønner med olje som var verd 10-15m dollar også?

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

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.

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."

https://www.gibsondunn.com/lawyer/moloo-rahim/

https://en.wikipedia.org/wiki/R%C3%B3bert_Ragnar_Span%C3%B3

Merkelig at de skriver produksjon i US, men markedet og investorer har ingen informasjon om hva som foregår der.

Ja, en oppdatering om hva som forgår i "sjappa" hadde vært fint snart.

Man kan si hva man vil om Zenith i ulike fora. En ting kan man ikke ta fra dem - de gis full gass for å få tilbake ranede verdier som tilhører oss. Bedre skodd til å møte ETAP og evt tunisiske myndigheter er ikke mulig. Ja, det vil kreve mye tålmodighet og styrke å stå i dette for oss aksjonærer og det er enormt mye frustrasjon rundt det. Men jeg mener i denne saken at AC gjør det eneste riktige - angripe med full styrke. Dette er handling.

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.

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.

Det spiller liten rolle hva annet de driver med. Det er disse sakene som vil gjøre om Zenith fra dagens pris 46 mnok - til over 1 milliard. Det er 20 gangeren det. Har fjernet advokatsalær

Så kan vi legge til at AC selv har store eierandeler kjøpt i Zenith og har et snitt på trolig over 1 kr per aksje. Han er ikke tjent med det noen skremmere her påstår og ta ut enormt med lønn etc.. Han er tjent med at verdien kommer inn i selskapet.

melding
https://newsweb.oslobors.no/message/620615

"Vi er glade for å utnevne Gibson Dunn, en av verdens ledende voldgiftsspesialister, som juridisk rådgiver i forhold til ICC 2 Arbitration og ICSID Arbitration.

Selskapet vil jobbe tett med Rahim Moloo og Robert Spano med mål om å rette opp de svært betydelige skadene forårsaket av handlingene til tunisiske myndigheter til skade for Zenith og dets aksjonærer

LadyofAim på X sier følgende 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"

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.

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 Zenith’s 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 “co-chair of the firm’s International Arbitration Group, which won “International Arbitration Group of the Year” from Law360 twice in the last four years”. 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 €190 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 – 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 Tunisia’s misconduct in this case should demonstrate to us all that Zenith have a very high chance of winning.

lukker aksjekursen over 0,3 vil det se veldig sterkt ut for en oppgang på listene

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.

Hei, nei på den tiden var det innen 31 mars de forventet å ha blitt fremlagt dom, men i ett intervju med Andrea i ettertid av denne børsmeldingen så ble det sagt at de forventet domsavsigelse iløpet av sen vår/ tidlig sommer. Så jeg antar innen denne måneden.

Men det jeg lurte på var om noen visste når siste dag i retten var. Det har ikke blitt nevnt datoer de har vært i retten. Normalt sett så mener jeg domsavsigelse skal fremlegges innen 3 uker etter siste rettsdag, derfor jeg lurer. Skal nevnes at jeg overhodet ikke er sikker på om denne tidsfristen stemmer i Frankrike.

Er bare slik jeg har forstått normal rettspraksis og er helt åpen for at jeg kan ta feil på dette punktet.

I feel like now Its over before it has begun for all counterpart ´s 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.

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.