Oil & Gas producer donates PPE production sample to help with the global pandemic

Zenith Energy, a junior oil & gas company listed on the London Stock Exchange, is committed to producing and donating PPE and sanitising gel for developing countries, primarily in Africa, where its operations are located.

Zenith announced today it hopes that an order for three protective mask manufacturing units, capable of producing up to 50,000 protective masks per day, will be completed during the month of May 2020.

The Covid-19 pandemic has seen businesses change the focus of their operations, as well as embrace solidarity towards more vulnerable nations. It is believed that developing countries will need greater sustained assistance for medical equipment for months, until a vaccine can be widely distributed. The use of PPE and sanitiser is of fundamental necessity.

Andrea Cattaneo, Chief Executive Officer at Zenith, commented:
“Our core focus is the development of oil and gas production assets in Africa. However, we recognise that the world is currently experiencing unprecedented challenges for which civil society and commercial enterprises must proactively find ways of adapting to successfully overcome the challenges at hand.”

READ THE FULL ANNOUNCEMENT HERE

VISIT ZENITH WEBSITE HERE

Zenith is listed on the London Standard Market (LSE: ZEN) and the Oslo stock market (OSE: ZENA-ME).

Oil & Gas producer donates PPE production sample to help with the global pandemic

Zenith Energy, a junior oil & gas company listed on the London Stock Exchange, is committed to producing and donating PPE and sanitising gel for developing countries, primarily in Africa, where its operations are located.

Zenith announced today it hopes that an order for three protective mask manufacturing units, capable of producing up to 50,000 protective masks per day, will be completed during the month of May 2020.

The Covid-19 pandemic has seen businesses change the focus of their operations, as well as embrace solidarity towards more vulnerable nations. It is believed that developing countries will need greater sustained assistance for medical equipment for months, until a vaccine can be widely distributed. The use of PPE and sanitiser is of fundamental necessity.

Andrea Cattaneo, Chief Executive Officer at Zenith, commented:
“Our core focus is the development of oil and gas production assets in Africa. However, we recognise that the world is currently experiencing unprecedented challenges for which civil society and commercial enterprises must proactively find ways of adapting to successfully overcome the challenges at hand.”

READ THE FULL ANNOUNCEMENT HERE

VISIT ZENITH WEBSITE HERE

Zenith is listed on the London Standard Market (LSE: ZEN) and the Oslo stock market (OSE: ZENA-ME).

Zenith Energy: The junior oil & gas company and its aggressive growth strategy

In the current commodity price environment, with oil prices at their lowest level for decades, companies are under huge pressure. It’s survival of the fittest. Many have been forced to halt operations, announce revised budgets as well as administration expenses and where feasible strategic reviews of projects and timelines.

However, there are some that have been working below the radar to take advantage of opportunities thrown up by the downturn, deals that 12 months ago were far beyond their financial reach.

The current depressed market is indeed a good occasion for companies to expand counter-cyclically by securing large, revenue generating oil and gas production assets at advantageous terms.

In this regard, take a look at junior producer Zenith Energy (ZEN).

Since December last year, Zenith has continuously released a flow of impressive news focusing on their revised growth strategy and new acquisitions. Their decision to move away from the Azerbaijan-focused portfolio has centred around a new strategic focus on pursuing large-scale, revenue generating oil production and development opportunities in Africa, on favourable terms as well as proven oil producing geology

Azerbaijan is a hard country to navigate and work in for a small oil & gas company. Geology was difficult while operations were hampered by poor local infrastructure. The project was hard to manage but even so, significant oil flowed. The problem was the time and resources required were above management expectations and results were coming too slowly when gauged against expenditure vis-à-vis the potential of other producing assets in much safer oil jurisdictions.

A strategic review of the business by the Board, led by Andrea Cattaneo, CEO of ZEN decided to look at African opportunities that had been brought to the company’s attention. The two first assets were secured in the Republic of the Congo and Tunisia. These went mainly unnoticed by the market.

The first was the acquisition of an 80% interest in Anglo African Oil & Gas Congo, announced in December, which gives Zenith access to a highly prospective oil production and development asset.

At the start of 2020, in view of its planned future activities in the Republic of the Congo. Zenith announced the appointment of Mr. Bienvenu Briss Aleba as an advisor.

Mr. Aleba has worked at Congolaise de Raffinage, the refinery subsidiary of the national oil company of the Republic of the Congo, Société Nationale des Pétroles du Congo for the past nine years

In April, Zenith was able to secure the acquisition of 100% of the Tilapia oilfield in the Republic of the Congo for £200,000. In the previous agreement, as announced on 24 March, the cost was set at £800,000 for 80% interest in the asset. However, the current climate, fuelled by economic uncertainty around low oil prices and the Corona Virus pandemic, opened an opportunity for a renegotiation that proved to be incredibly positive for Zenith Energy.

The acquisition also novated 100% of AAOG inter-company loans with AAOG Congo to ZEN for approx. £12.5M as well as US$5.3M that AAOG was owed by Société Nationale des Pétroles du Congo as result of past work performed on the licence. All great news for the Zenith balance sheet.

Successful drilling undertaken during 2018 and 2019 identified multiple potential productive reservoirs within the Tilapia oilfield across a number of formations including the regionally proven Mengo and Djeno reservoirs.

Only a few days later, Zenith announced the acquisition of Sidi El Kilani from KUFPEC.The asset covers an area of 204 square kilometres, located onshore, in the Pelagian Basin, Eastern Tunisia, and it is one of the most productive fields onshore Tunisia and currently produces natural flow, at a rate of approx. 700 bopd.

Once concluded, Zenith’s entry into Tunisia could yield in excess of US$3M net annual revenues whilst also working alongside CNPC.

Tunisia is an attractive market for oil producers, who make up the majority of foreign investors in the country. It is also a key location in North Africa, with close proximity to European markets as well as Arab Gulf states.

African countries present a promising business outlook for foreign companies. Africa’s economic growth remained stable in 2019 at 3.4%, and for the first time in ten years investment expenditure accounted for over 50% of GDP growth.

Beyond Africa, Zenith Energy also acquired Coro Energy Plc’s Italian natural gas production and exploration portfolio, which will turn the company into one of Italy’s leading natural gas producers with an increase in Italian gross production revenue of approximately 410%, with an expected yearly gross revenue of approx. €3.6M.

What Zenith has achieved is unique and valuable: assets which will generate certain oil production and cash flow as well as the opportunity to partner and work with big industry players. Zenith’s partners in the acreage include two industry heavyweights with the national oil company of Tunisia (55% interest) and CNPC (22.5 % interest).

Few junior companies have the network, expertise and credibility offered by Zenith.

Zenith Energy CEO Andrea Cattaneo commented about the company’s new focus during a major market shakedown:

“The recent steep decline in oil prices as a result of world events has particularly impacted financial markets, whilst also presenting new opportunities to acquire highly prospective oil and natural gas production assets at advantageous terms.

The current low oil price environment provides an unprecedented opportunity for companies wishing to expand countercyclically by securing large, revenue generating oil and gas production assets at advantageous terms.

We are currently in the process of completing a series of transformational acquisitions that, by virtue of their material existing production, or near-term highly prospective production potential in the case of Tilapia, will enable Zenith to rapidly enlarge and diversify its portfolio at a time of great opportunity for companies with a clear strategic focus.”

About the acquisitions in Africa, Cattaneo says:

“It is Zenith’s strategy to acquire revenue generating oil and gas production assets. The acquisitions represent an attractive opportunity to enrich our asset portfolio in a country where management has significant experience. The recent Acquisitions enrich, as well as diversify, our asset portfolio by adding significant reserves and prospective production potential. This is in line with our company strategy of acquiring assets with significant untapped production potential.”

Finally, today Zenith has announced its intention to delist from the TSX-V as part of its strategy to cost cut and preserve resources whilst maximising the efficiency of its corporate structure.

The delisting is due to completed on or around April 30, 2020. Zenith will remain listed on the London Standard Market (LSE: ZEN) and the Oslo stock market (OSE: ZENA-ME).

Zenith is definitely a company on a winning strategy. Pick winners. Watchlist Zenith

Cassiopeia Investor Symposium Summer 2019

Cassiopeia Services is pleased to announce the next edition of our Investor Symposia, which will be held at the prestigious Mayfair Hotel, Central London on June 27th 2019 at 6.30pm. Selected companies that should be on every investors watch-list will present their ‘Investment Case’.

Whether you’re a shareholder, investor, investment or industry professional, our symposia are the place for you. Explore new investment opportunities, meet company Directors while taking a proactive approach towards your investments by getting directly involved sourcing information. We facilitate connections and ongoing dialogue between companies, shareholders and market opinion leaders.

Information is of course key to investment and trading.

The Cassiopeia Symposia series consists exclusive events for selected companies and investors to network in an informal and friendly atmosphere in the comfortable surroundings of the Mayfair Hotel.

All investors are welcome to attend the presentations in a relaxed environment where they can meet the company management teams and ask them questions face to face while networking with other existing shareholders and investors to discuss company strategy, plans, developments and value.

Opinion leaders and financial media representatives, market influencers and well-known City traders regularly attend our events.

Companies presenting

Union Jack Oil (UJO): One of the hottest stocks on the London AIM market is small-cap Union Jack Oil (LON:UJO), which should be on any oil & gas investor’s watch list. The company has recently released its encouraging 2018 annual results, which showed increases in the proven reserves, revenue up by 250%, currently standing with a cash balance in excess of £2.5million with high-impact interests in projects in onshore UK. These results have indeed set tongues wagging among investors, sending share prices up.

UJO’s status could soon be magnified by the upcoming results of the appraisal drilling at West Newton, which is considered one of the highest impact onshore projects in the UK. The well has over 70% probability of gas and oil outcome: success here could lead to the delivery of a major onshore gas development, with which the value of the company’s investment would effectively transform Union Jack’s future.

UJO team will be attending the symposium with. Chairman David Bramhill presenting the investment opportunity.

Zenith Energy (ZEN): Zenith Energy (ZEN) is an international oil & gas production company operating the largest onshore oilfield in Azerbaijan, as well as in nine natural gas assets in Italy. Listed on both the Canadian and London Standard Market, Zenith’s strategy is to acquire and develop assets with untapped reserves and existing production. By the end of 2019, Zenith plans on spudding a new well (ZEN-01) and is on production target: 3,000 barrels per day by the close of 2020 to be achieved.

ZEN team will be attending the symposium with CEO Andrea Cattaneo presenting the progress to-date and future upside.

Now is the time to research and invest in oil companies as analysts forecast a new oil price boom on the horizon. Start your research now!

More companies to be announced soon.

Don’t miss this unique chance to talk to the directors of the most-watched companies on the market.

The lucky investor

We like to look after our investors not only during the event but also by offering them the opportunity to participate in our prize draw. Investors attending the Cassiopeia Symposium could win a voucher for a delicious meal-for -two for one of the Mayfair exclusive restaurants.

Registrations via EventBrite on this link.

See you there!

Cassiopeia Investor Symposium Summer 2019

Cassiopeia Services is pleased to announce the next edition of our Investor Symposia, which will be held at the prestigious Mayfair Hotel, Central London on June 27th 2019 at 6.30pm. Selected companies that should be on every investors watch-list will present their ‘Investment Case’.

Whether you’re a shareholder, investor, investment or industry professional, our symposia are the place for you. Explore new investment opportunities, meet company Directors while taking a proactive approach towards your investments by getting directly involved sourcing information. We facilitate connections and ongoing dialogue between companies, shareholders and market opinion leaders.

Information is of course key to investment and trading.

The Cassiopeia Symposia series consists exclusive events for selected companies and investors to network in an informal and friendly atmosphere in the comfortable surroundings of the Mayfair Hotel.

All investors are welcome to attend the presentations in a relaxed environment where they can meet the company management teams and ask them questions face to face while networking with other existing shareholders and investors to discuss company strategy, plans, developments and value.

Opinion leaders and financial media representatives, market influencers and well-known City traders regularly attend our events.

Companies presenting

Union Jack Oil (UJO): One of the hottest stocks on the London AIM market is small-cap Union Jack Oil (LON:UJO), which should be on any oil & gas investor’s watch list. The company has recently released its encouraging 2018 annual results, which showed increases in the proven reserves, revenue up by 250%, currently standing with a cash balance in excess of £2.5million with high-impact interests in projects in onshore UK. These results have indeed set tongues wagging among investors, sending share prices up.

UJO’s status could soon be magnified by the upcoming results of the appraisal drilling at West Newton, which is considered one of the highest impact onshore projects in the UK. The well has over 70% probability of gas and oil outcome: success here could lead to the delivery of a major onshore gas development, with which the value of the company’s investment would effectively transform Union Jack’s future.

UJO team will be attending the symposium with. Chairman David Bramhill presenting the investment opportunity.

Zenith Energy (ZEN): Zenith Energy (ZEN) is an international oil & gas production company operating the largest onshore oilfield in Azerbaijan, as well as in nine natural gas assets in Italy. Listed on both the Canadian and London Standard Market, Zenith’s strategy is to acquire and develop assets with untapped reserves and existing production. By the end of 2019, Zenith plans on spudding a new well (ZEN-01) and is on production target: 3,000 barrels per day by the close of 2020 to be achieved.

ZEN team will be attending the symposium with CEO Andrea Cattaneo presenting the progress to-date and future upside.

Now is the time to research and invest in oil companies as analysts forecast a new oil price boom on the horizon. Start your research now!

More companies to be announced soon.

Don’t miss this unique chance to talk to the directors of the most-watched companies on the market.

The lucky investor

We like to look after our investors not only during the event but also by offering them the opportunity to participate in our prize draw. Investors attending the Cassiopeia Symposium could win a voucher for a delicious meal-for -two for one of the Mayfair exclusive restaurants.

Registrations via EventBrite on this link.

See you there!

Cassiopeia Investor Symposium: Autumn 2018

Following on from the success of our previous symposia, the Cassiopeia team is back with our Autumn Symposium. We’ll be at the Mayfair Hotel in central London with exciting companies to watch out for. Save the date: 21st November 2018 from 6.30 pm.

Whether you’re a shareholder, investor or trader and regardless of your level of experience or strategy, the ethos of our symposia is to create an opportunity for investors to meet company directors and get actively involved in sourcing information. We facilitate connections and an ongoing dialogue between companies and market opinion leaders. Information is key to investment and trading.

The Cassiopeia Symposia series are exclusive events, only for selected companies and investors to network in an informal and friendly setting.

Investors are welcome to attend the presentations in what will be an relaxed atmosphere where they can meet company managers face to face and network with other existing shareholders or investors to discuss company strategy, plans, developments and value.

In this edition, we will introduce guests to Andalas Energy, an AIM-listed company which has been in the spotlight recently over its newly-acquired assets in the North Sea as well as their positioning in Indonesia; and Right of Reply, an innovative technology company with a flagship blockchain-powered platform for online reputation management, coming soon onto the LSE market.

We will also hear from the developers of Neurotrader, a software application designed to maximise trading performance and generate consistent rates of returns to investors.

At the end of each presentation, investors will have the opportunity to ask the management team questions during a Q&A session moderated by multi-awarded winning ADVFN International Financial Blogger Daniel Levi, aka the Infamous BrokermanDan.

Opinion leaders, market influencers and well-known City traders regularly attend our events.

Presenting companies:

Andalas Energy (LSE: ADL) is an AIM-listed Oil & Gas company with an international energy business focused on developing upstream assets, applying innovative solutions to generate revenue. Andalas is in partnership to develop a series of wellhead IPPs in Indonesia, and more recently acquired assets in the North Sea, while currently in discussion on new projects with a third party in Indonesia. Under new management, Andalas is operating with a fresh strategy and is committed to delivering value to its shareholders. Visit Andalas website for more information: http://www.andalasenergy.co.uk

Right of Reply (RoR) is an innovative Social Impact Technology company providing rapid, low-cost and legally sound solutions to individuals and enterprises to help manage their online reputations. With a fresh approach to a growing problem, RoR ensures everyone’s ability to counter unfair, inaccurate or incorrect content with timeliness and relevance. RoR offers platforms for regulated media, products for credit checking and scoring, as well as services for digital identity and social media. Visit Right of Reply website for more information: https://rightofreply.news

Neurotrader is a suite of software applications to enhance the decision-making effectiveness of the trader through the use of wearable technology. Based on the concept of trading as a peak performance sport, NeuroTrader is creating the science of optimal decision making for traders globally. Monitoring the trader and its biodata in real-time, it provides the opportunity to effectively mitigate risk and optimize performance and create stable, consistent rates of return as a function of their biological responses to price and market sentiment. Where performance is measured, monitored and managed. For more information on how to gain your trading competitive advantage, please visit NeuroTrader webiste: https://neurotrader.com

You can watch presentations from the previous symposia and exclusive interviews with CEOs on our YouTube channel here

A fine selection of drinks and canapes will be offered to all our guests. An evening you can’t miss!

Register here See you in November!