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IN BRIEF: Zenith Energy Expands Interest In Tunisia

Tue, 08th Sep 2020 21:53

Zenith Energy Ltd - oil & gas production company - Subsidiary Zenith Energy Netherlands BV signs a conditional sale and purchase agreement with CNPC International (Tunisia) Ltd for acquisition of working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield for USD300,000. Tunisia Acquisition is Zenith's second acquisition in relation to Sidi El Kilani oilfield and enlarges the company's total conditional interest to 45%.

Current stock price: 0.54 pence

Year-to-date change: down 70%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

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