Zenith Energy Regulatory News (ZEN)

July 7, 2017 

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Directors' Dealings

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE), the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce that Andrea Cattaneo, the Chief Executive Officer of the Company, made a further purchase of 100,000 common shares of no par value in the capital of the Company ("Common Shares") on July 6, 2017.

The total average purchase price for the 200,000 Common Shares purchased by Mr. Cattaneo on July 6, 2017 was £0.08719 (CAD$ 0.14622).

Following this purchase, Mr. Cattaneo now holds 2,147,485 Common Shares, representing 1.84 per cent of the Common Shares in issue.

For further information, please contact:

Zenith Energy Ltd.

José Ramón López-Portillo

Chairman

Andrea Cattaneo

CEO & President

Email: info@zenithenergy.ca

Telephone: +1 (587) 315 9031

Telefax: +1 (403) 775 4474

Allenby Capital Limited - (Joint Broker)

Nick Harriss

Nick Athanas

Richard Short

Telephone:   + 44 (0) 203 328 5656

Optiva Securities - (Joint Broker)

Christian Dennis

Telephone: + 44 (0) 203 137 1903