Andrea Cattaneo, CEO of Zenith Energy PLC (LON:ZEN), caught up with Proactive London's Andrew Scott after announcing they've further reduced their short-term borrowings as it shifts its funding requirements towards longer dated bonds.
Zenith will shortly release details on the flow rates at the C-37 well on the Jafarli oilfield in Azerbaijan.
Initial drilling results revealed 16m of net pay and Zenith is currently testing flow rates, numbers that it will publish next week.