Company
Zenith Energy Ltd
ASX:ZEN
Zenith Energy Ltd (ASX:ZEN) is an independent power producer based in Australia. It is listed on the Australian Securities Exchange.
12 stories
Zenith Energy updates on funding activity
It closed a £135,000 investment and entered into an £810,000 ‘equity sharing agreement’.
Zenith Energy reveals additional drill plans as it awaits rig mobilisation at Muradkhanli oilfield
"We are taking all the necessary steps to materially increase our daily production of oil," said chief executive Andrea Cattaneo.
Zenith Energy pulls extra barrels out of the hat
Continued flow testing of the well recorded a production rate of 285 barrels of oil per day (bopd), a significant upgrade from the initial testing of 100 bopd announced last week
Zenith Energy disappoints with Azerbaijan well results
Initial testing revealed a potential of 100 barrels of oil per day, far below the 700bopd target based on production at an adjacent well
Zenith Energy's net profits up 171%, growth expected to continue
The company has more than doubled its contract pipeline and is exploring opportunities in the renewable energy sector.