Member Info for Ajmalkhuram

Looks like business in Kazakhstan is much more straight forward than Africa

https://astanatimes.com/2023/10/kazakh-prime-minister-talks-oil-field-development-with-exxonmobil-executive/

Rpg7 they do this when longs are on margin and they want a clear out, sometimes they offload their own stock to wipe out the longs. It’s not even investors zenith Norway finished 2% up. The company is actually in the best place it’s been whilst at its bottom which provides a good entry for new investors. Just need the news now to get us out of this halt.

Florida they will have to eventually cough up I feel they will try to drag it out as long as they can

Ezhik - That’s a very big and negative supposition there based on one line of an RNS saying “subject to government approval”.

It is also clearly total nonsense when you look at the timeline. If the Tunisian government did not give them approval to operate the oil wells then why did they let them uplift the production back in July 2021 when Zenith released an RNS saying that they had sold 68,000 barrels of oil and received $4.5 million for it.

Clearly at this point in time approval for Zenith to operate and sell oil was in place as they were operating and selling. It was only later on that there became issues.

I see a lot of negative misinformation going on here. I do wonder why?

Https://www.energyvoice.com/oilandgas/europe/exploration-production-europe/529600/zenith-dips-out-of-yemen-and-into-kazakhstan/

In summary, Kazakhstan offers significant opportunities for the oil business due to its abundant reserves, foreign investment-friendly policies, and strategic location. However, potential investors should be aware of the complexities of the legal and regulatory environment, as well as the challenges associated with political stability and environmental concerns. Conducting thorough research and seeking local expertise is crucial for success in the Kazakhstan oil sector.

Kazakhstan is a significant player in the global oil industry due to its abundant oil reserves and production capacity. The country is one of the top oil producers in the world and has attracted the attention of international oil companies. Here are some key aspects to consider when it comes to the oil business in Kazakhstan:

Abundant Oil Reserves: Kazakhstan possesses substantial oil reserves, primarily located in the western part of the country, particularly the Caspian Sea region. The Tengiz, Kashagan, and Karachaganak fields are among the largest oil fields in Kazakhstan, making it an attractive destination for oil exploration and production.

Foreign Investment: The Kazakhstan government has actively sought foreign investment in its oil and gas sector. This has led to partnerships between Kazakhstan and major international oil companies, such as Chevron, ExxonMobil, Shell, and Total, who have invested in various projects in the country.

Legal Framework: Kazakhstan has established a legal framework for the oil and gas industry, including production sharing agreements (PSAs) and taxation regimes that provide incentives for foreign investors. However, the legal environment can be complex, and navigating the regulatory landscape may require expertise in local regulations.

Infrastructure: Kazakhstan has invested in developing its oil and gas infrastructure, including pipelines, refineries, and export terminals. The country has multiple export routes, including pipelines to Russia and China, which provides flexibility for exporting oil.

Challenges: Doing business in Kazakhstan's oil sector may come with challenges. These can include bureaucratic hurdles, corruption concerns, and political stability issues. It's essential to conduct thorough due diligence and seek local legal counsel to navigate these challenges effectively.

Market Access: Kazakhstan's strategic location provides access to major markets in Europe and Asia, making it a potential hub for the transit and export of oil and gas products.

Environmental Regulations: Environmental regulations in Kazakhstan have been evolving, and there is increasing scrutiny on the environmental impact of oil and gas operations. Companies operating in the country must comply with these regulations and engage in sustainable practices.

Market Conditions: Like any other oil-producing nation, Kazakhstan's oil industry is influenced by global oil prices. Volatility in oil prices can have a significant impact on the profitability of oil businesses in the country.

Tide is turning brought 200k shares

Sudan Oil Exports Rising Despite Conflict

By Alex Kimani - Aug 14, 2023, 12:30 PM CDT

Crude exports by South Sudan have climbed to their highest level in almost two years despite an ongoing war between Sudan's government forces and a paramilitary group that erupted in April. Crude shipments now average 154,839 barrels per day, about double March's figure at 77,419 barrels per day.

Experts have grown increasingly worried that East Africa's oil hub will be plunged further into chaos and leave it without its main source of livelihood ever since clashes broke out between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) over demands by the army and pro-democracy groups for RSF to become integrated into the regular armed forces.

South Sudan gives ~10,000 barrels of crude per day to Sudan as transportation fees because the oil has to go through Sudan to reach Port Sudan where it is loaded into cargo ships. In effect, Sudan receives ~$20 million from South Sudan's oil every day. RSF has been demanding that South Sudan stop providing funds to the SAF, which might see the SAF retaliate by preventing the export of South Sudan's oil through Port Sudan, which it controls. With the situation in a stalemate, a complete meltdown would not only destabilize the region but also potentially lead to the collapse of the volatile state.

Sudan is the latest case of a well documented resource curse that tends to grip resource-rich nations in the poorer nations of the world.

Https://www.bloomberg.com/news/articles/2023-08-14/oil-exports-continue-to-flow-as-sudan-s-war-leaves-pipeline-untouched?in_source=embedded-checkout-banner

South Sudan’s most prolific operation has maintained output. Shipments loading at Port Sudan were at their highest in almost two years in May, at 154,839 barrels a day, compared with 77,419 in March…..

We need to get this asset before the big players get in…

Zengas your figures look wrong to me buddy..

Also you refuse to answer canaries question why do you deramp this stock when you are not even invested?

whats your motive?

Zengas why dont you answer canaries question..

Why do you post here when you are not an investor?..

What’s your motive?

We want to know!

More money into the zenith accounts in the short term

Can’t see any big buys on the trades I am guessing some off market buying that will be listed after close.

Bbi joined you with 525k

The money has been seized until the the legal proceedings have concluded.

Therefore if zenith have the right to the money will receive that as a minimum.

seems quite likely that now they have one foot into the door the rest of the money will come to us too.

Better from zenith pleasantly surprised we’re clawing back the millions of $ profit owed.

Zengas,iIt makes sense that you don’t hold any shares in Zenith given the way you post on the company and its directors, however, it is slightly concerning to me that you say you may be interested in investing in the future. This means that your negative posting is deliberate deramping designed solely to try and get yourself a better entry point.

That is a pretty unethical position to take with regard to the impact it has on those already invested and I shall certainly view your posts through that lens in future. Thank you for your honesty though.

Zengas mls, flashgarden and the rest of you who always post negatives about Zenith, do you even hold shares in Zenith any more? I find it hard to believe that people who post so relentlessly negatively about a company actually hold stock in it. It does not make any sense.

If you do hold stock in a company that you clearly hate the leadership of then whey do you not sell it?

If you don't hold stock in Zenith then why do you post negatively here all of the time?

This is a serious question. I cannot understand your motivations either way and would like you to explain to me what they are.

Finally some well needed action.

Which area in South Sudan are we looking?…