Zenith Energy signs conditional agreement to acquire Sidi El Kilani from CNPC

Zenith Energy signs conditional agreement to acquire Sidi El Kilani from CNPC

LONDON: Zenith Energy Netherlands B.V. has signed a conditional sale and purchase agreement with CNPC International (Tunisia) Ltd., a 100% subsidiary of CNPCI, CNPC International Ltd., for the acquisition of a working interest inthe North Kairouan permit and the Sidi El Kilani Concession, which contains the Sidi El Kilani oilfield (SLK). The consideration payable by…

Zenith Energy makes payment to KUFPEC for Sidi El Kilani  

LONDON: Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, has made payment for a total of $250,000 to Kuwait Foreign Petroleum Exploration Company K.S.C.C (KUFPEC), a subsidiary of the State of Kuwait’s national oil company, in relation to the acquisition of a 22.5% working interest in…