December 29, 2020
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Payment for oil production
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 that SOCAR has made a final payment of approximately US$480,000 to its local subsidiary in Azerbaijan for past oil production.
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
Nick Athanas Tel: + 44 (0) 203 328 5656
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 onshore oil & gas sector, specifically in Africa. The Company's board of directors and senior management team have the experience and technical expertise to develop the Company successfully.