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Zenith Energy

Regulatory Filings Dec 23, 2019

8200_iss_2019-12-23_c12f51ea-8bb9-446f-9de6-55fd9c760bc4.html

Regulatory Filings

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Media Speculation

Media Speculation

December 23, 2019

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Media Speculation

Zenith Energy Ltd., ("Zenith" or the "Company"), (LSE: ZEN; TSX.V: ZEE; OSE: ZENA-ME), the international oil & gas production company, notes the announcement from Anglo African Oil & Gas plc (“AAOG”), and confirms that Zenith is in discussion with AAOG to purchase certain assets of AAOG, but that there can be no certainty that any transaction will be completed.

Zenith will update the market accordingly if and when matters have progressed sufficiently.

Further Information:

Zenith Energy Ltd

Andrea Cattaneo, Chief Executive Officer Tel: +1 (587) 315 9031

E-mail: [email protected]

Peterhouse Capital - Joint Broker Tel: + 44 (0) 207 469 0930

Lucy Williams

Charles Goodfellow

Novum Securities Limited - Joint Broker Tel: + 44 (0) 207 399 9400

Charlie Brook-Partridge

Hugh McAlister

IFC Advisory Limited - Financial PR & IR Tel: + 44 (0) 203 934 6630

Graham Herring

Zach Cohen

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