About Zenith Energy Ltd:
Zenith Energy Ltd. is a Canadian oil & gas production company, listed on the London Stock Exchange (ZEN) and the TSX Venture Exchange (ZEE).
The main focus of the Company is the acquisition of large onshore oil & gas fields in countries that offer strong asset protection and a business atmosphere conducive to stable and profitable production activities.
Zenith operates the largest onshore oilfield of Azerbaijan through its fully owned subsidiary, has oilfields in Argentina and significant gas producing assets in Italy. The Company’s Italian operations also include the production of electricity and condensate.
The oil & gas sector has gone through turbulent times as a result of the reduced oil price market setting. Well-known players have shown themselves to be overstretched and uncompetitive in confronting a challenging environment. Zenith’s strong management, low operating costs, and a Board of Directors with extensive industry knowledge and government experience has allowed the Company to pursue new opportunities with high upside potential by leveraging its operational capabilities.
Zenith’s overarching strategy is to identify and rapidly seize opportunities in the onshore oil & gas sector. Specific attention is ascribed to fields formerly controlled by oil majors and state oil companies. These often have significant untapped potential and the capacity to produce sizeable volumes of oil & gas with technological investment and new management supervision.
One of the pillars underpinning Zenith’s goal of increasing shareholder value is the Company viewing its expansion as equally important to the consolidation of existing assets. Growth is pursued with an awareness of the inherent risks of unfunded commitments, the dangers of over-stretch and the importance of a rigorous due diligence in the pre-acquisition phase.
The Company prefers to invest in areas where infrastructure already exists and to apply its expertise in modernizing pre-dating equipment and making oil practices more efficient.
Zenith will always operate in accordance with the host country’s energy development programme. Cooperation with both local and national state entities is essential in achieving the results our investors seek and, similarly, reflects the importance Zenith attaches to its social and environmental responsibility.
Oil entrepreneur and government advisor with specific expertise in former Soviet Union Countries.
Energy resource focused and financial background with 30 years of experience in sovereign loans, capital markets, and oil trading with western and emerging countries.
Expertise in structuring contracts on international markets and the oil industry.
In 1986, he arranged the first convertible currency loan in the history of the Socialist Republic of Vietnam in the wake of the Vietnam War.
Past member of the Business Advisory Council of the Greater Tumen Initiative, a UN Development Programme project that involved China, North Korea, South Korea, Mongolia and Russia. Partner of the Bolsa de Comercio de Buenos Aires (BCBA), or Buenos Aires Stock Exchange.
In 2007, he organized the first worldwide exhibition of North Korean art in Genoa, Italy.
Holds an undergraduate degree in Economics from the University of Genoa and a postgraduate degree in Taxation Law from the University of Bologna.