Zenith Energy Ltd Commencement of ROB-1 workover, Tunisia (7609K)
06 Septiembre 2021 - 1:00AM
UK Regulatory
TIDMZEN
RNS Number : 7609K
Zenith Energy Ltd
06 September 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
September 6, 2021
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Commencement of ROB-1 workover, Tunisia
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE:
ZENA), the listed international oil & gas production company
focused on pursuing African development opportunities, is pleased
to announce the commencement of workover activities in well
Robbana-1 ("ROB-1") in the Robbana concession, onshore Tunisia.
Prior to the beginning of workover operations, ROB-1 produced at
a stabilised rate of approximately 20 bopd, with the last well
intervention having taken place in 2012.
In the event of a successful workover, the Company is targeting
to achieve an increased stabilised production rate of approximately
60-80 bopd.
The workover of ROB-1 is expected to be completed in
approximately 25 days. An update will be provided once workover
operations have been concluded.
Further Information:
Zenith Energy Ltd
Andrea Cattaneo, Chief Executive Officer Tel: +1 (587) 315 9031
E-mail: info@zenithenergy.ca
Allenby Capital Limited - Financial Adviser
& Broker
Nick Harriss Tel: + 44 (0) 203 328 5656
Nick Athanas
Notes to Editors :
Zenith Energy Ltd. is an international oil and gas production
company, listed on the London Stock Exchange (LSE:ZEN) and the
Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith's development strategy is to identify and rapidly seize
value-accretive hydrocarbon production opportunities in the oil
& gas sector, specifically in Africa.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
UPDUPUPWBUPGPPA
(END) Dow Jones Newswires
September 06, 2021 02:00 ET (06:00 GMT)
Zenith Energy (LSE:ZEN)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Zenith Energy (LSE:ZEN)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024