(via TheNewswire)
As announced on
The term sheet for the Put and Call Option announced earlier today remains subject to and a final agreement and an announcement will be made on this in due course.
"We are pleased to have passed the major hurdle in our acquisition of a controlling stake in AAOG Congo and look forward to completing the Acquisition in due course."
Neither the
Further Information:
---------------------------------------------------------------------------------------------- |Zenith Energy Ltd | | |--------------------------------------------------------------------------------------------| |Andrea Cattaneo, Chief Executive Officer |Tel: +1 (587) 315 9031 | |--------------------------------------------------------------------------------------------| | |E-mail: info@zenithenergy.ca| |--------------------------------------------------------------------------------------------| | | | |--------------------------------------------------------------------------------------------| |Peterhouse Capital - Joint Broker |Tel: + 44 (0) 20 7469 0930 | |--------------------------------------------------------------------------------------------| |Lucy Williams | | |--------------------------------------------------------------------------------------------| |Charles Goodfellow | | |--------------------------------------------------------------------------------------------| | | | |--------------------------------------------------------------------------------------------| |Novum Securities Limited - Joint Broker |Tel: + 44 (0) 20 7399 9400 | |--------------------------------------------------------------------------------------------| |Charlie Brook-Partridge | | |--------------------------------------------------------------------------------------------| |Hugh McAlister | | |--------------------------------------------------------------------------------------------| | | | |--------------------------------------------------------------------------------------------| |IFC Advisory Limited - Financial PR&IR |Tel: + 44 (0) 20 3934 6630 | |--------------------------------------------------------------------------------------------| |Graham Herring | | |--------------------------------------------------------------------------------------------| |Zach Cohen | | |--------------------------------------------------------------------------------------------| | | | ----------------------------------------------------------------------------------------------
Notes to Editors:
Zenith Energy Ltd. is an international oil and gas production company, listed on the
The Company was assigned a medium to long-term issuer credit rating of "B+ with Positive Outlook" on
The Company operates the largest onshore oilfield in
The Company's primary focus is the development of its
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Copyright (c) 2020 TheNewswire - All rights reserved., source