BUILDING A TRANSFORMATIONAL OIL AND GAS PRODUCTION AND DEVELOPMENT PORTFOLIO IN AFRICA - JULY 2021
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
JULY 2021
BUILDING A
TRANSFORMATIONAL
OIL AND GAS PRODUCTION
AND DEVELOPMENT
PORTFOLIO IN AFRICA
LSE: ZEN
OSE: ZENA
www.zenithenergy.ca @zenithenergyltdDISCLAIMER
This document (the “Presentation”) has been prepared by and is the sole responsibility of Zenith energy Ltd. (“Zenith” or the “Company”). All information used in the Presentation has been
2021 compiled from publicly available sources that are believed to be reliable. However, because of possible human or mechanical error by Zenith, its affiliates or its sources, Zenith cannot
ZENITH ENERGY guarantee the accuracy, validity, timeliness or completeness of any information provided for in this Presentation.
JULY 2021 No guarantee, warranty or representation, express or implied, can be given by Zenith as to the accuracy, adequacy or completeness of the information contained in this Presentation and
they are not responsible for any errors or omissions or results obtained from use of such information. Neither Zenith, nor any affiliates, officers, directors or employees accept any liability or
responsibility in respect of the information which is subject to change without notice and may only be correct at the stated date of their issue, unless in case of gross negligence, fraud or
wilful misconduct Zenith expressly disclaims any warranties of merchantability or fitness for a particular purpose. In no event will Zenith, its affiliates or any such parties be liable to you for
any direct, special, indirect, consequential, incidental damages or any other damages of any kind even if Zenith have been advised of the possibility thereof.
The Presentation has been prepared purely for information purposes, and nothing in this report should be construed as an offer, or the solicitation of an offer, to buy or sell any security,
product, service or investment. The Presentation reflects the objective views of Zenith and does not constitute investment advice.
The information provided in this document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to
law or regulation or which would subject Zenith or its affiliates to any registration requirement within such jurisdiction or country.
The fact that Zenith has made available through this Presentation various information this constitutes neither a recommendation to enter into a particular transaction nor a representation that
any financial instrument is suitable or appropriate for you. Each investor must make their own independent decisions and obtain their own independent advice regarding any information,
projects, securities, or financial instruments mentioned herein.
The Presentation includes statements that are, or may be deemed to be, “forward-looking statements”. These forward looking statements can be identified by the use of forward-looking
terminology, including the terms “believes”, “envisages”, “estimates”, “anticipates”, “projects”, “expects”, “intends”, “may”, “will”, “could”, “seeks” or “should” or, in each case, their negative
or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include matters that are
not historical facts and speak only as of the date of the Presentation. They appear in a number of places throughout the Presentation and include statements regarding Zenith and the directors
of Zenith’s current intentions, beliefs or expectations concerning, amongst other things, investment strategy, financing strategy, performance, results of operations, financial condition,
liquidity, prospects, growth, strategies and the industry in which Zenith operates.
Although Zenith believes that the expectations reflected in these forward-looking statements are reasonable, actual events or results may differ materially from those projected or implied in
such forward-looking statements due to known or unknown risks, uncertainties and other factors. These risks and uncertainties include, among others, uncertainties in the exploration for and
development and production of oil and gas, uncertainties inherent in estimating oil and gas reserves and projecting future rates of production, uncertainties as to the amount and timing of
future capital expenditures, unpredictable changes in general economic conditions, volatility of oil and gas prices, competitive risks, counterparty risks including partner funding, regulatory
changes and other risks and uncertainties discussed in the Company’s periodic reports. The Company cautions you not to place undue reliance on these forward- looking statements, which
speak only as of the date of this presentation, and Zenith undertakes no obligation to update or revise any of this information.
The receipt of this document by any person is not to be taken as constituting the giving of investment advice by Zenith to any to any such person.
By accepting this document, the recipient agrees to be bound by the limitations set out in this notice. This notice shall be governed and construed in accordance with English law.A DUAL LISTED INDEPENDENT OIL AND PRODUCTION
POTENTIAL OF APPROX:
GAS PRODUCTION COMPANY PURSUING 2,000 - 3,000
2021
ZENITH ENERGY
TRANSFORMATIONAL OPPORTUNITIES IN AFRICA BOPD BY CLOSE OF 2021
JULY 2021
METRICS
KEY SHAREHOLDERS:
Board of Directors,
Mirabaud & Cie (Europe) SA,
Premier Miton Investors
STOCK TICKER
(LSE: ZEN /
OSE: ZENA)
MARKET CAP CIRCA
£14M
SHARES IN ISSUE (APPROX)
EXISTING ASSETS
1,377M
SLIDE
01 TARGETA DUAL LISTED INDEPENDENT OIL AND PRODUCTION
POTENTIAL OF APPROX
GAS PRODUCTION COMPANY PURSUING 2,000 - 3,000 BOPD
2021
ZENITH ENERGY
TRANSFORMATIONAL OPPORTUNITIES IN AFRICA BY CLOSE OF 2021
JULY 2021
Development Recent Highlights
strategy defined by: Zenith is seeking to build a highly prospective oil and
gas production and development portfolio in Africa.
• Acquiring and developing
assets with untapped reserves 1 First sale of Tunisian oil production - agreement 6 Official confirmation regarding
to sell approximately 68,000 barrels net to the successful completion of the
and existing production
Zenith (including 20,000 barrels of domestic Enquiry of Public Utility (Enquête
market sales) for total receivables of d’Utilité Publique) following an
• Maximising revenue by approximately US$4.5million. in-depth technical and financial
implementing low-cost oil review, performed by the Ministry
2 Acquisition of 100% working interest in the El of Hydrocarbons of the Republic
production models Bibane and Robbana concessions. of the Congo during the month of
January 2021. As announced on
• Ownership of key operational 3 Acquisition of 45% working interest in the
December 23, 2020, the Company
Ezzaouia Concession, onshore Tunisia.
equipment with the objective will now proceed with the potential
of reducing costs, third- 4 Appointment of new Country Manager in the finalisation and ratification of
Republic of the Congo to progress negotiations the Production Sharing Contract
party delays, and decreasing
with the Ministry of Hydrocarbons. (“PSC”) for Tilapia II.
reliance on third party oilfield
service companies 5 Extension of longstop date for acquisition from 7 Assessing a number of oil and
KUFPEC, a subsidiary of the State of Kuwait’s gas production and development
national oil company, for a 22.5% interest in opportunities in Africa to enrich
• Highly incentivised Board Sidi El Kilani, an onshore oil production asset in the Company’s portfolio.
of Directors and Senior Tunisia. Extension of longstop date also agreed
Management, holding previously with CNPC International (Tunisia)
significant interests in Ltd., (“CNPCI”), a subsidiary of CNPC, for its
22.5% interest in Sidi El Kilani.
the share capital of Zenith.
SLIDE
02TUNISIA OVERVIEW HIGHLY PROSPECTIVE OIL TARGET PRODUCTION
BY CLOSE OF 2021:
AND GAS PRODUCTION AND DEVELOPMENT
2021 OPERATIONS IN TUNISIA 1,000
ZENITH ENERGY BOPD
JULY 2021
TUNIS
TOTAL ZENITH ROBBANA
PRODUCTION IN 100% WORKING INTEREST
TUNISIA APPROX. PRODUCTION OF APPROX.:
600 25 BOPD
NEAR-TERM PRODUCTION
BOPD POTENTIAL: 100-150 BOPD
SIDI EL-KILANI
EL BIBANE
100% WORKING INTEREST
ALGERIA ROBBANA EL BIBANE PRODUCTION OF APPROX.: 80-
EZZAOUIA 100 BARRELS OF CONDENSATE +
5.5-6 MMSCF NATURAL GAS (RE-
INJECTED INTO FORMATION)
TUNISIA NEAR-TERM PRODUCTION
POTENTIAL: 500-600 BOPD
SIDI EL-KILANI EZZAOUIA
45% CONDITIONAL 45% OF APPROX.
INTEREST OF 460 BOPD PRODUCTION
APPROX. 550 BOPD NEAR-TERM PRODUCTION
PRODUCTION POTENTIAL: 1,000 BOPD LYBIA
SLIDE
03EZZAOUIA ACQUISITION HIGHLIGHTS CURRENT GROSS
PRODUCTION OF
APPROX:
TUNISIA 460
2021
ZENITH ENERGY BOPD
JULY 2021
Zenith has acquired an interest of 45% in the EZZAOUIA Concession by way of the 100%
purchase of Ecumed Petroleum Zarzis Ltd (“EPZ”) announced during March 2021.
Acquisition Highlights:
Discovered by Marathon Petroleum On April 19, 2019, the Tunisian MARETAP, the joint operating
Corporation in 1986, with production State represented by the Ministry company, operates an oil storage
activities starting in 1990 with a peak of Industry and Small & Medium terminal at the port of Zarzis with a
production being achieved of 35,000 Enterprises informed ETAP and storage capacity of approximately
barrels of oil per day in 1991. EPZ that the Comité Consultatif 200,000 barrels of oil.
des Hydrocarbures (“CCH”) had
provided a favourable opinion to the
Operated by MARETAP, a joint application submitted by ETAP and
operating company owned in EPZ for a new 20-year concession to Tunis
partnership with the national oil be called “Ezzaouia”.
company of Tunisia, ETAP, on a 50:50
basis, which holds a 55 percent
interest in Ezzaouia. Development obligations during
the course of the new 20-year
concession are expected to include Sidi El-Kilani
the drilling of a side-track, the drilling Robbana
Planned field production TUNISIA El Bibane
of a replacement well and that of a Ezzaouia
optimisation and workover activities
development well.
are expected to increase Ezzaouia
gross production to 1,000 bopd
(potentially resulting in a production EZZAOUIA
45% OF APPROX.
SLIDE of 450 bopd net to Zenith). 460 BOPD
04 PRODUCTIONSLK ACQUISITION HIGHLIGHTS CURRENT GROSS
PRODUCTION APPROX:
NATIONAL
PRODUCTION
APPROX:
TUNISIA 550 35,000
2021
ZENITH ENERGY BOPD BOPD
JULY 2021
The Company has acquired a cumulative conditional interest of 45%
in the North Kairouan permit and the Sidi El Kilani Concession (“SLK”)
This results from the following transactions:
Conditional acquisition from KUFPEC, Conditional acquisition from Completion of both acquisitions is Extension of longstop
a subsidiary of the State of Kuwait’s CNPC International (Tunisia), subject to a favourable opinion being date for completion of
national oil company, of its 22.5% a subsidiary of China National granted by the Comité Consultatif des SLK acquisitions agreed
working interest for a consideration Petroleum Corporation (CNPC), Hydrocarbures (“CCH”) of the Republic with both sellers
of US$500,000 in April 2020. On June of its 22.5% working interest for a of Tunisia and the approval of the
11, 2020, the Company announced consideration of US$300,000 in Tunisian State represented by the
that it had already paid US$250,000 September 2020. Ministry of Industry and Energy.
to KUFPEC and that it expected the
Tunis
balance consideration payable would
be satisfied by the oil production
revenue generated since the date of
the acquisition.
Sidi El-Kilani
Robbana
TUNISIA El Bibane
Ezzaouia
Currently producing at an approximate
rate of 550 barrels of oil per day using
natural flow regime (without artificial
SLIDE lift technology).
05ACQUISITION OF EL BIBANE CURRENT
PRODUCTION
NEAR-TERM
PRODUCTION
OF APPROX: POTENTIAL:
TUNISIA 80-100 500-600
2021
ZENITH ENERGY BARRELS OF CONDENSATE BOPD
JULY 2021
NATURAL GAS
Acquisition Highlights: PRODUCTION APPROX:
Zenith has acquired a 100% interest in the highly
prospective, offshore El Bibane concession.
5.5-6
MMSCF
Located 16 kilometres offshore from 3 wells remain active within El Well intervention planned to restore
the port of Zarzis in the Gulf of Gabes Bibane: EBB-5, EBB-4 and EBB-3RE2. production EBB-3 at a rate of 500 BOPD.
A total of 6 wells plus 4 sidetracks
have been drilled.
Covers an area of approximately El Bibane expires on December 31, 2033.
228 square kilometres and in
approximately 7-8 meters water depth Currently produces approximately
80-100 barrels of condensate per
day (API 49/50) with 5.5-6 MMSCF of
Tunis
natural gas from well EBB-5, which is
Upon initial development, a peak
re-injected into the formation via well
production of 4,500 bopd was
EBB-4.
achieved. The reservoir is located in
the cretaceous Zebbag fractured
dolomite formation at approximately
Well EBB-3 is temporarily shut-in, Sidi El-Kilani
2,150 metres below surface.
having previously produced between Robbana
approximately 500-600 BOPD (35 API). TUNISIA El Bibane
Ezzaouia
Zenith has acquired a 100% working
interest in El Bibane.
EL BIBANE
100% OF APPROX.
SLIDE 80-100 BARRELS
06 OF CONDENSATE
PRODUCTIONACQUISITION OF ROBBANA NEAR-TERM
PRODUCTION
CURRENT
PRODUCTION
POTENTIAL OF APPROX: 0F APPROX:
TUNISIA 100-200 25
2021
ZENITH ENERGY BOPD BOPD
JULY 2021
Acquisition Highlights:
Zenith has acquired a 100% interest in the
onshore Robbana concession (“Robbana”):
Located onshore in the island of ROB-3 will target two proven
Djerba in the southern Gulf of Gabes hydrocarbon-bearing reservoirs
in the Cretaceous Upper Meloussi
sandstone formation, from which
Covering 48 square kilometres successful production has been
achieved from ROB-1 for many years.
Robbana currently produces
A production of approximately 100- Tunis
approximately 25 barrels of oil per
150 barrels of oil per day is expected
day from well ROB-1
in the event of a successful drilling
operation.
Plans being finalised ntends to drill
ROB-3, an infill vertical well, in the
Drilling operations are expected to Sidi El-Kilani
proximity of the producing ROB-1, to
take approximately 60 days from Robbana
a total depth of approximately 2,400 TUNISIA
beginning to end, with a total El Bibane
metres. Ezzaouia
budget of approximately US$1.5
million being allocated.
ROBBANA
100% OF APPROX.
SLIDE Robbana expires on November 4, 2034. 25 BOPD PRODUCTION
07CURRENT CONSERVATIVE MAX
REPUBLIC OF THE CONGO, PRODUCTION
APPROX
PRODUCTION TARGET
FOLLOWING SUCCESSFUL
PRODUCTION
POTENTIAL:
DRILLING ACTIVITIES:
TILAPIA 30 500 - 1,000 5,000
2021
ZENITH ENERGY BOPD BOPD BOPD
JULY 2021
Geographic position Upside potential Highly strategic acquisition
• Located in the Lower Republic • Successful recent drilling • Zenith acquired 100% of AAOG
of the Congo Basin, West African undertaken during 2018 and Congo, the former operator of the
Atlantic Margin, which extends from 2019 identified multiple potential Tilapia oilfield with a 56% interest.
Gabon down to Angola, a prolific productive reservoirs across a • Remaining 44 percent was
hydrocarbon region number of formations including held by the national oil company,
• Individual wells in this region have the regionally proven Mengo and Société Nationale des Pétroles
recorded production rates of up to Djeno reservoirs du Congo (“SNPC”).
5,000 barrels of oil per day. • Recent expert wireline log
• Acreage is situated 1.8km offshore analysis* (has indicated that
(drilled from onshore negating reservoir quality is “between
the necessity of offshore drilling good and excellent”.
equipment)
*commissioned by AAOG Congo after drilling
• First production in 2008.
activities in the Djeno REPUBLIC
• Close to nearby infrastructure OF THE
(Oil storage /processing facilities - CONGO
45-minute drive from Point Noire
and 17km from nearest refinery.)
SLIDE TILAPIA LOUBOMO
08 BRAZZAVILLE
POINTE-NOIREREPUBLIC OF THE CONGO, TILAPIA
PRODUCTION
PRODUCTION
POTENTIAL FOLLOWING
NATIONAL
PRODUCTION
APPROX: DRILLING: APPROX:
TILAPIA 30 UP TO 5,000 350,000
2021
ZENITH ENERGY BOPD BOPD BOPD
JULY 2021
AAOG Congo’s licence to operate the Tilapia SNPC owes AAOG Congo approximately Zenith has commissioned a new Competent
oilfield (“Tilapia I”) expired on July 18, 2020, as US$5.3 million. Zenith has met with SNPC and Person’s Report in compliance with Canadian
publicly announced by Zenith Energy and expects to obtain the full repayment of the securities laws, specifically the COGE Handbook
previously announced by AAOG plc. aforementioned amount. and National Instrument 51-101 - Standards of
Disclosure for Oil and Gas Activities.
The seller of AAOG Congo has also novated
100% of the intercompany loans with AAOG
Congo to Zenith as of the date of Completion,
equivalent to approximately £12.5 million.
Plans to commence drilling activities in Zenith has submitted an offer to the Ministry of Plans to commence drilling activities in well
well TLP-103C at the earliest opportunity in Hydrocarbons for the award of a new 25-year TLP-103C at the earliest opportunity in the event
the event that the Company is successful licence in relation to the Tilapia oilfield, to be that the Company is successful in obtaining a
in obtaining a new 25-year licence for the named “Tilapia II” and established a new local new 25-year licence for the Tilapia oilfield.
Tilapia oilfield. subsidiary, Zenith Energy Congo SA, at the
request of the Ministry of Hydrocarbons. REPUBLIC
OF THE
CONGO
SLIDE TILAPIA LOUBOMO
09 BRAZZAVILLE
POINTE-NOIREWORKING INTERESTS IN
ITALY - CASH GENERATING 368.96 KM2
ENERGY PRODUCTION OF ITALIAN NATURAL
GAS PRODUCTION
2021 A low-risk jurisdiction with a strong EU regulatory framework CONCESSIONS
ZENITH ENERGY
JULY 2021
Italy has a long and successful history of natural gas
production and exploration across its territory
SOUTHERN GAS
• Balanced energy production portfolio providing cashflow with CORRIDOR - TAP
stable low-cost natural gas production PRODUCTION
• Moderate investment expected to achieve significant increase CONCESSIONS
in natural gas production ITALIAN NATIONAL
• Low-grade sour gas production is used at the Torrente Cigno
Genoa PIPELINE
INFRASTRUCTURE
concession to profitably generate electricity
• Italy’s economy is heavily dependent on oil and gas
On July 31, 2020, Zenith received approval for a legally
ADRIATIC
binding loan facility for an amount of approximately SEA
EUR 300,000 from an Italian governmental entity for ROME
development activities in Africa, specifically in the Republic
of Congo and the broader West Africa region.
The Company plans to file an application for a second loan
facility of this kind to fund infrastructural investments in its
Italian natural gas, condensate and electricity production
operations.
The Company’s Italian ‘Gas to Power’ activities are intended
to be replicated in certain Africa jurisdictions on a larger
scale, specifically in the Republic of the Congo, where there
is an abundance of unexploited natural gas reserves and a MEDITERRANEAN
SEA
strong demand for stable electricity production.
CURRENT
PRODUCTION
NATURAL GAS
2P RESERVES:
CONDENSATE
2P RESERVES: 6 OPERATED
CONCESSIONS
2 EXPLORATION
PERMITS
OF APPROX:
16.3 255
SLIDE
10 90 BCF MBBLS 3 NON-OPERATED
CONCESSIONS
2 EXPLORATION
PERMITS AWAITING
APPROVAL
BOEOWNERSHIP OF DRILLING EQUIPMENT
Zenith strongly believes in the benefits of owning 1. Cost control
2021
ZENITH ENERGY
and operating the key equipment required to develop 2. Operational independence
JULY 2021 its asset portfolio. For the following reasons: 3. Direct oversight on execution
1 1
WORKOVER RIG DRILLING RIG
( 375HP) (1 , 20 0 HP )
capable of drilling to
a depth of approx 5,000 metres
(depending on well design)
SLIDE
11EUR 25 MILLION
EMTN PROGRAMME To date, Zenith has issued the
2021
following, multi-currency Euro
ZENITH ENERGY Medium Term Notes at par
JULY 2021
value: (the “Notes”)
Zenith has launched a EUR The EMTNs are admitted to trading
25,000,000 multi-currency Euro on the Third Market (MTF) of the
EURO 1,000,000 bearing an interest
1
Medium Term Notes (EMTN) Vienna Stock Exchange and will be
of 10.125% per year the “EUR-Notes”
Programme. due on January 27, 2024.
ISIN: XS2108546735
As announced on January 29, 2021, the Company has paid all coupons, in full and
on time, for the aforementioned instruments since their respective issuances GBP 1,000,000 bearing an interest
providing a clear demonstrative of Zenith’s effective cashflow management
offering investors a fixed semi-annual return on their investment.
2 of 10.5% per year the “GBP-Notes”
ISIN: XS2108546578
The Notes are governed Zenith is carefully developing its debt
USD 1,000,000 bearing an interest
3
by Austrian law and are financing capabilities, with a focus on non-
of 10.375% per year the “USD-Notes”
not convertible into Zenith equity dilutive funding, in order to facilitate
equity. the attraction of more significant interest ISIN: XS2108546651
from investors as it implements its ambitious
African development strategy.
CHF 1,000,000 bearing an interest
Zenith has made coupon payments, in full and on time, in relation to all of its
4 of 10.00% per year the “CHF-Notes”
ISIN: XS2108546818
outstanding fixed-income debt instruments
SLIDE
12SUMMARY INVESTMENT CASE PRODUCTION POTENTIAL
OF APPROX DURING 2021:
Identifying and completing a number of potentially 2,000 -
transformational oil and gas production opportunities
2021
ZENITH ENERGY
JULY 2021 across Africa
3,000 BOPD
Tunis
MANAGEMENT ALIGNED CONDITIONAL EXISTING
WITH SHAREHOLDERS - THE TOTAL PRODUCTION
BOARD OF DIRECTORS AND OF APPROX. 650 BOPD
TUNISIA
MANAGEMENT COLLECTIVELY ACROSS PORTFOLIO
HOLD APPROXIMATELY
10 PERCENT OF ZENITH’S
SHARE CAPITAL .
1 4
UNIQUELY POSITIONED BY WAY OF EXTENSIVE STRINGENT DUE
NETWORKS AND RELATIONSHIPS TO EXECUTE A DILIGENCE PERFORMED
COUNTERCYCLICAL ACQUISITION CAMPAIGN IN FOR ALL NEW ASSETS
AFRICA TARGETING LOW-RISK OIL PRODUCTION BEING REVIEWED AS
ASSETS GENERATING SIGNIFICANT PRODUCTION POTENTIAL ACQUISITIONS
REVENUE.
REPUBLIC
OF THE
CONGO
2 3 5
HIGHLY EXPERIENCED READY AVAILABILITY OF HIGHLY KNOWLEDGEABLE
OPERATIONAL TEAM WITH DRILLING EQUIPMENT AND AND WELL CONNECTED Brazzaville
PROVEN TRACK-RECORD TECHNICAL PERSONAL ADVISORY COMMITTEE
OF SUCCESS ACROSS ALL ACQUISITION RECENTLY CREATED TO
OPPORTUNITIES . (COMPANY SUPPORT ITS BUSINESS
OWNS KEY DRILLING DEVELOPMENT ACTIVITIES
EQUIPMENT INCLUDING A IN WEST AFRICA
SLIDE
DRILLING RIG (1,200HP) AND
13 A WORKOVER RIG (375HP))TEAM
Executive Directors & Senior Management
2021
ZENITH ENERGY
JULY 2021
Luca Benedetto Luca Benedetto trained in Italy as a registered
Chief Financial Officer accountant with further education in IFRS accounting
& Executive Director and consolidation at IPSOA Milan. He has more than
(UK based) twenty-five years of accounting, auditing and financial
administration experience.
Andrea Cattaneo
Chief Executive
Officer & President Dr. José Ramón López Portillo Former Mexican Ambassador to Food and Agriculture
(UK & Africa based) Chairman and Non-executive Organisation (United Nations) and Minister in Mexican
Director, (UK based) Federal Government. Leading researcher on the energy
security of Mexico. He is also the Former Chairman of the
Proven deal maker and FAO council. Holds a doctorate from the University of Oxford
government advisor with in political science and international relations.
specific expertise in FSU
and African countries. He
has more than 30 years of Dr. Dario Sodero Experienced energy industry executive with strong
experience in sovereign Non-executive Director, geological, technical and exploration expertise in North
loans, capital markets and (Canada based) America, North Africa and the Middle East. Holds a doctorate
oil trading between Western in Geological Sciences from the University of Turin, Italy.
and emerging countries.
Andrea is one of Zenith’s
founders and largest Sergey Borovskiy Sergey has over 25 years of experience in business
shareholders. Non-executive Director management in China and Hong Kong, he is fluent in Russian,
(China based) English and Mandarin and holds a degree in economics. He is
Chairman of various oil & gas consulting, engineering, trading,
chemical, seismic research and exploration services companies
based in China and Hong Kong.
SLIDE
14CONTACT Zenith Energy Ltd.
Andrea Cattaneo
Chief Executive Officer
E-mail: info@zenithenergy.ca
Tel: +1 (587) 315 9031
Allenby Capital Limited -
Financial Adviser & Broker
Nick Harriss, Nick Athanas
Tel: + 44 (0) 203 328 5656
SLIDE
08You can also read