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Zenith Energy

Description

Established in 2007 and listed on the Toronto Stock Exchange in 2008, Zenith was admitted to the London Stock Exchange in 2017 following the Company’s transformational Rehabilitation, Exploration, Development and Production Sharing Agreement with SOCAR (State Oil Company of the Azerbaijan Republic) for the largest onshore oilfield in Azerbaijan.

The primary focus of the Company is the acquisition of large onshore oil & gas fields in countries that offer strong asset protection and a business atmosphere conducive to stable and profitable production activities.

Zenith operates the largest onshore oilfield in Azerbaijan through its fully owned subsidiary, Zenith Aran Oil Company Limited. The Company’s Italian subsidiary, Canoel Italia S.R.L., operates or has working interests in a number of concessions producing electricity, condensate and natural gas.

Zenith’s overarching strategy is to identify and rapidly seize opportunities in the onshore oil & gas sector. Specific attention is directed to fields formerly controlled by oil majors and state oil companies. These assets often have significant untapped potential and the capacity to produce sizeable volumes of oil & gas with technological investment and new management supervision.

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Related news

Zenith Energy Acquires Solar Energy Assets in Italy
30/05/2025
Zenith Energy Acquires Solar Energy assets in Italy
10/04/2025
Zenith Energy signs third MOU for oil production asset in Kazakhstan
19/09/2023
Zenith Energy terminates plans to acquire OMV Yemen
04/09/2023
Zenith Energy Withdraws from Oilfield Negotiations in Benin
08/08/2023
Zenith Energy announces second acquisition in USA
05/07/2023
Zenith Energy Provides Update on Tilapia Oil Field
21/02/2023
Zenith Secures Exclusivity for Block 1, Sèmè Field in Benin
10/01/2023
Zenith signs SPA for acquisition of OMV Yemen
03/01/2023
Zenith Energy Reports Half-Year Results
30/11/2022
U14S go Dutch for BOAL Tournament
19/08/2022
Zenith Energy provides update on operations onshore Tunisia
31/05/2022
Zenith Energy completes crude lifting in Tunisia
22/04/2022
Zenith announces mobilisation of workover rig to ROB-1 in Tunisia
08/03/2022
Zenith Energy update on planned sale of Tunisian oil production
26/01/2022
Zenith reports record profitability of electricity production
04/01/2022
Zenith Energy Announces Acquisition of SLK from CNPC
22/11/2021
Zenith update on profitability of Italian operations
08/11/2021
Zenith Energy completes successful workover of ROB-1, onshore Tunisia
25/10/2021

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