Zenith Energy Share Discussion Threads

[markstevenkirby80] 01/8/2022 10:29

When it hits 5p I will be out. No more come now :)))

[markstevenkirby80] 01/8/2022 10:17

Come now:)))

[hedgehog 100] 01/8/2022 09:48

Mark,

Have you realised that your last twenty posts on ZEN here are all largely the same?

And in fact, this seems to be the general pattern going back hundreds of posts.


markstevenkirby80 - 01 Aug 2022 - 09:31:03 - 7505 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 25 Jul 2022 - 15:14:29 - 7495 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now :)
markstevenkirby80 - 15 Jul 2022 - 15:04:07 - 7488 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Oh dear come now
markstevenkirby80 - 04 Jul 2022 - 16:04:22 - 7482 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 28 Jun 2022 - 14:48:07 - 7471 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 23 Jun 2022 - 14:33:56 - 7459 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 22 Jun 2022 - 07:58:35 - 7456 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
:)
markstevenkirby80 - 20 Jun 2022 - 10:41:43 - 7454 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 15 Jun 2022 - 09:18:34 - 7443 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 10 Jun 2022 - 09:36:09 - 7433 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now

markstevenkirby80 - 09 Jun 2022 - 07:13:52 - 7428 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 08 Jun 2022 - 08:29:15 - 7425 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 01 Jun 2022 - 08:10:23 - 7399 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 24 May 2022 - 13:18:24 - 7384 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
:)
markstevenkirby80 - 24 May 2022 - 09:29:58 - 7381 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 22 May 2022 - 07:30:49 - 7379 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 18 May 2022 - 08:58:20 - 7358 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 15 May 2022 - 08:37:55 - 7337 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 04 May 2022 - 13:22:16 - 7294 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now
markstevenkirby80 - 27 Apr 2022 - 15:55:47 - 7280 of 7506 Zenith Energy....oil & gas in Azerbaijan, Italy and Argentina - ZEN
Come now

[hedgehog 100] 29/7/2022 13:45

Of course, most mid-tier energy companies don't start out that size: they tend to start off small, and grow.

Serica Energy (SQZ) for example is a c. 7-year hundred-bagger (2015-2022), after a prior share price collapse (to a 2015 low of just below 3p). (The company operates in the UK North Sea.)

And incidentally SQZ has risen about 50% since the start of June, to its current share price of 378p.

Serica Energy (SQZ):

[hedgehog 100] 29/7/2022 12:47

"Zenith’s overarching strategic objective is to
become a mid-tier energy company with a
complementary balance of production,
development and exploration assets across
Africa and Europe."



For a mid-tier energy company, the norm seems to be a market cap. of £100s of millions, though it can be over a billion:-


"Are mid-tier oil companies in the M&A crosshairs?

Could the potential acquisitions of Gulf Keystone Petroleum and San Leon Energy signal a buying spree?

December 22, 2016
By Alex Newman

... a £300m company ...

... valuing the group at £229m ...




"A leading mid-tier
oil and gas company"

- Current market cap. £1,028M.

[hedgehog 100] 28/7/2022 18:04

"BUILDING A TRANSFORMATIONAL PORTFOLIO
OF PROVEN REVENUE-GENERATING ENERGY
ASSETS IN AFRICA AND EUROPE

August 2022 Newsletter to Zenith Energy
Fixed Income Investors

Dear Investor,

I am pleased to report that the first six
months of 2022 have been extremely
positive for Zenith Energy as we have
continued to achieve record revenue
generation and associated profitability
from our energy production and
development portfolio in Italy and Africa.
The current energy pricing climate for oil,
gas and electricity has created
unprecedented cashflow for the Company
which it is reinvesting in its Tunisian and
Italian portfolios to maximise production,
as well as utilising its increased financial
resources to reduce its exposure to
short-term financial obligations and fully
service all its outstanding debt instruments.

The Company has a number of significant
‘growth catalysts’ between now and the
close of 2022 that might bring about a
transformational leap forward in its size
and revenue generation. This is especially
the case in respect of our long-held
business development objectives in the
Republic of the Congo, where we expect to
be awarded a new 25-year licence for the
Tilapia oilfield, as well as in other
jurisdictions where the Company is
reviewing potential acquisition
opportunities.

Whilst we have continued to proactively
execute our strategy of identifying
additional new assets to acquire, our
attention has equally been directed
towards developing the material
unexploited potential of the Company’s
existing energy production portfolio. It is
our expectation that drilling activities to be
performed in Tunisia later this year will, if
successful, provide substantial additional
value. Similarly, the gradual reactivation of
our Italian portfolio is also expected to
further increase our Italian production
revenue and profitability.

In summary, we intend to deliver value to
Zenith Energy investors by targeting
proven-revenue generating and low-risk
assets that have the potential to be
successfully developed with systematic
technical and financial investment, as well
as maximising production from our existing
assets.

I thank investors for their continued
commitment and support, and we look
forward to our future progress with great
optimism.

Andrea Cattaneo"


"Zenith’s overarching strategic objective is to
become a mid-tier energy company with a
complementary balance of production,
development and exploration assets across
Africa and Europe."


"Development
strategy defined by:

▸ Acquiring and developing
low-risk assets with
untapped reserves and
existing production

▸ Maximising revenue by
implementing low-cost oil
production models

▸ Ownership of key
operational equipment
with the objective of
reducing costs, third-party
delays, and decreasing
reliance on third-party
oilfield service companies

▸ Highly incentivised Board
of Directors and Senior
Management aligned with
shareholder interests to
successfully develop assets
to their full potential"

[hedgehog 100] 28/7/2022 15:57

This is clearly incredibly exciting news.

It sounds like we could be in for a quite exceptional few months here, with good news coming thick & fast.

If the company delivers as hoped, then a concerted breakout back into the 3p - 4p range by Christmas looks very achievable.


Zenith Energy (ZEN):

[hedgehog 100] 27/7/2022 18:20

27/07/2022 16:41 UK Regulatory (RNS & others) Zenith Energy Ltd Payment of multi-currency bond coupon LSE:ZEN Zenith Energy Ltd.

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the energy company with proven revenue generating production, exploration and development assets in Africa and Europe, is pleased to announce that it has today made coupon payments, in full and on time, in respect of the following multi-currency Euro Medium Term Notes the Company has listed on the Vienna MTF of the Vienna Stock Exchange:

-- ZEEX 10.000 01/27/24 MTN XS2108546818 CHF
-- ZEEX 10.125 01/27/24 MTN XS2108546735 EUR
-- ZEEX 10.300 01/27/24 MTN XS2108546651 USD
-- ZEEX 10.375 01/27/24 MTN XS2108546578 GBP

Luca Benedetto, Chief Financial Officer, commented:

"Non-dilutive funding is an important area of focus for Zenith that we wish to develop further as we increase in size and the current oil, gas and electricity pricing climate attracts renewed investment in the energy industry.

"We are very pleased to have progressively become an established debt issuer, benefiting from two independent credit ratings and a now consistent record of financial compliance towards our fixed income investors."

[hedgehog 100] 26/7/2022 11:43

Interesting to see that the share price of Providence Resources (PVR) has performed strongly this month, moving to new 2022 highs, following its finals results at the end of June.

PVR's current market cap. is £42.87M., at 4p, and the share price has more than doubled since its mid June low of 1.8p.

ZEN's final results are due next month, and considering that ZEN's first half revenues rose over forty-fold, I think we can expect a pretty impressive set of results.

Perhaps this can be the catalyst for the long-awaited ZEN re-rating.


30/06/2022 07:00 UK Regulatory (RNS & others) Providence Resources PLC Annual Results for the year ended 31 December 2021 LSE:PVR Providence Resources Plc

"Providence Resources P.l.c (PVR), the Irish based energy company, is pleased to announce the publication of its annual report and accounts for the year ended 31(st) December 2021.

James Menton, Executive Chair, Providence Resources, said :

"Successful optimisation of the Barryroe Field presents a unique opportunity to develop a critically important indigenous source of oil and gas, to substitute part of the imports that will be needed to meet ongoing demand during the energy transition. The Barryroe Field has the potential to create significant employment opportunities and provide strategic and fiscal value to the Irish economy, at no cost to the Irish taxpayer.

The key barrier to progressing the project is the delay in Ministerial consent for the Lease Undertaking, to permit us to drill an appraisal well next year. Once we have the results of this appraisal well, we are confident that our development plans can be progressed rapidly and Barryroe can have a significant impact on Ireland's security of energy supply over the next two decades. It's an opportunity we cannot afford to squander as, in any scenario to 2050, there is still some level of demand for oil and gas through the duration of the energy transition to Net Zero. ..."




Providence Resources (PVR):

[hedgehog 100] 26/7/2022 09:43

"Ukraine war: Russia waging gas war with Nord Stream 1 cuts - Zelensky

By Leo Sands
BBC News

Published 2 hours ago

... The EU, which received 40% of its gas from Russia last year, has also accused Russia of using energy as a weapon.

The latest reduction in flows puts pressure on EU countries to reduce their dependence on Russian gas even further, and will likely make it more difficult for them to replenish their gas supplies ahead of winter.

... Since Russia invaded Ukraine in February the price of wholesale gas has already soared, with a knock-on impact on consumer energy bills across the globe. ..."

[mls678] 25/7/2022 16:25

Come now with some meaningful news

[markstevenkirby80] 25/7/2022 15:14

Come now :)

[mls678] 20/7/2022 18:33

I'm just propping the share price up for you

[themagicman] 20/7/2022 18:23

Mls well you keep buying shares every week so it suggests you agree the share price going to flyyyyyy hehe

[mls678] 20/7/2022 18:01

Hope / one day / maybe / guess it might go up. Hopefully. Hehe

[themagicman] 20/7/2022 15:55

But you purchased lots of shares in the last month or two? Why would you buy lots and lots to shares if you didn’t believe the price is going to fly????? 2p next stop IMHO hehe

[mls678] 20/7/2022 15:15

I didn't say that?

[themagicman] 20/7/2022 13:05

Me and mls are expecting big news next stop 1.5p

[markstevenkirby80] 15/7/2022 15:04

Oh dear come now