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Zenith Energy
Regulatory Filings • Sep 6, 2021
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Regulatory Filings
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National Storage Mechanism | Additional information 
RNS Number : 7609K
Zenith Energy Ltd
06 September 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
September 6, 2021
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Commencement of ROB-1 workover, Tunisia
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce the commencement of workover activities in well Robbana-1 ("ROB-1") in the Robbana concession, onshore Tunisia.
Prior to the beginning of workover operations, ROB-1 produced at a stabilised rate of approximately 20 bopd, with the last well intervention having taken place in 2012.
In the event of a successful workover, the Company is targeting to achieve an increased stabilised production rate of approximately 60-80 bopd.
The workover of ROB-1 is expected to be completed in approximately 25 days. An update will be provided once workover operations have been concluded.
Further Information:
| Zenith Energy Ltd | |
| Andrea Cattaneo, Chief Executive Officer | Tel: +1 (587) 315 9031 |
| E-mail: [email protected] | |
| Allenby Capital Limited - Financial Adviser & Broker | |
| Nick Harriss Nick Athanas |
Tel: + 44 (0) 203 328 5656 |
Notes to Editors:
Zenith Energy Ltd. is an international oil and gas production company, listed on the London Stock Exchange (LSE:ZEN) and the Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the oil & gas sector, specifically in Africa.
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