REG - Zenith Energy Ltd - Half-year Report

Zenith EnergyAnnouncement

19/12/2024 07:00

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RNS Number : 6671Q  Zenith Energy Ltd  19 December 2024

December 19, 2024

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Publication of Half-Year Results

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; OTC PINK:
ZENAF), the listed international energy production and development
company, is pleased to publish its consolidated half-yearly unaudited
financial results for the six months ended September 30, 2024 (the "Interim
Results").

The Interim Results will shortly be published on the Company's website
(www.zenithenergy.ca (http://www.zenithenergy.ca) ) and filed on the FCA
National Storage Mechanism.

A copy of the Interim Results can be viewed in full here:

http://www.rns-pdf.londonstockexchange.com/rns/6671Q_1-2024-12-18.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/6671Q_1-2024-12-18.pdf)

Highlights:

Highlights for the six months ended September 30, 2024, include the following:

·    The Group generated revenues from oil and natural gas of CAD$911k
(2023 - CAD$1,362k).

·    During the six months ended September 30, 2024, the Company produced
1,471 barrels of oil from its Tunisian assets (2023 - 1,789 barrels)

·    During the six months ended September 30, 2024, the Company sold Nil
barrels of oil produced from its Tunisian assets (2023 - Nil barrels)

·    During the six months ended September 30, 2024, the Company sold
5,303 MWh of electricity produced from its Italian assets (2023 - 4,350 MWh).

·    During the six months ended September 30, 2024, the Company sold
6,357 mcf of natural gas produced from its Italian assets (2023 - 5,190 mcf).

·    During the six months ended September 30, 2024, the Company sold Nil
barrels of condensate produced from its Italian assets (2023 - 120).

Further Information:

 Zenith Energy Ltd

Andrea Cattaneo, Chief Executive Officer  Tel: +1 (587) 315 1279

                                            E:       info@zenithenergy.ca

 

 

 

 

Notes to Editors:

Zenith Energy Ltd. is a revenue generating, independent energy company with
energy production, exploration and development assets in North Africa, the US
and Europe. The Company is listed on the London Stock Exchange Main Market
(LSE: ZEN), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and
the Pink Markets of the OTC (OTC PINK: ZENAF).

Zenith's strategic focus is on pursuing development opportunities through the
development of proven revenue generating energy production assets, as well as
low-risk exploration activities in assets with existing production.

For more information, please visit:  www.zenithenergy.ca
(http://www.zenithenergy.ca)

Twitter: @zenithenergyltd

LinkedIn:  https://bit.ly/3A5PRJb (https://bit.ly/3A5PRJb)

 

 

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