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Last C$0.10 CAD
Change Today -0.005 / -5.00%
Volume 2.0K
As of 11:25 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

zenith energy ltd (ZEE) Snapshot

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52 Week High
08/6/14 - C$0.28
52 Week Low
04/29/15 - C$0.09
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zenith energy ltd (ZEE) Details

Zenith Energy Ltd. engages in the exploration for, development of, and production of petroleum and natural gas in Argentina and Italy. It also explores for oil and gas in Africa. The company was formerly known as Canoel International Energy Ltd. and changed its name to Zenith Energy Ltd. in October 2014. Zenith Energy Ltd. was incorporated in 2007 and is based in Calgary, Canada.

Founded in 2007

zenith energy ltd (ZEE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$123.9K
Chief Financial Officer, Director, Chairman o...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

zenith energy ltd (ZEE) Key Developments

Zenith Provides Update on Two Italian Properties in Puglia Region

Zenith Energy Ltd. announced that for the period April 1, 2014 - March 31, 2015, total production from its wholly owned Italian subsidiary increased by 16.8% in the Puglia Region compared to the corresponding period in the prior year. This outcome is mainly due to an improved performance of the Masseria Vincelli 1 well, in the Torrente Cigno Concession (45% WI). Following careful reservoir management, the Masseria Vincelli 1 well improved gas deliverability and also achieved a 20% reduction in water production compared to the previsions of the reservoir study of the field. An additional increase in produced natural gas is also due to the September 2014 resumption of production at the Torrente Salsola 3 well, in the Masseria Petrilli concession in southern Italy. Zenith is now evaluating the possibility of drilling a deviated well into the crestal area of the Torrente Salsola structure, where the company has a 100% working interest, in order to unlock residual reserves to be defined in the next NI 51-101 report. Zenith has an ambitious program to enhance the Italian daily gas production rate in the Puglia Region by 100% through a technical program employing additional workovers. Zenith has also developed an innovative plan for the exploitation of the Traetta 1 well in the Masseria Grottavecchia concession (20% W.I.) through the sweetening of the produced gas so that it can be sold through the national pipeline grid. This project is in its final stage of completion.

Zenith Energy Ltd. Announces Production Results for the Month of April 2015

Zenith Energy Ltd. announced production results for the month of April 2015. The company reported production for the month of April from the Don Alberto and Don Ernesto fields reached a new daily high of 173.4 barrels on total production of 5,203 barrels.

Canoel International Energy Ltd. will Change its Name to Zenith Energy Ltd

Effective October 03, 2014, Canoel International Energy Ltd. will change its name to Zenith Energy Ltd.


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