Zenith Energy Limited is a TSX Venture Exchange listed company reportedly looking for an additional listing in another major market, be that Oslo, New York or London. Zenith has recently built up its existing portfolio by adding a substantial acquisition in Azerbaijan which we believe could propel the company towards a mid-cap oil valuation on a medium – long term investment timeframe. Acquisition in Azerbaijan potentially transformative Located in the Lower Kura Basin and around 240km
12 Oct 2016
Zenith Energy. Compelling investment play on Azerbaijan – sum of the parts target of 65.1 cents per share
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Zenith Energy. Compelling investment play on Azerbaijan – sum of the parts target of 65.1 cents per share
- Published:
12 Oct 2016 -
Author:
Mark Parfitt -
Pages:
29
Zenith Energy Limited is a TSX Venture Exchange listed company reportedly looking for an additional listing in another major market, be that Oslo, New York or London. Zenith has recently built up its existing portfolio by adding a substantial acquisition in Azerbaijan which we believe could propel the company towards a mid-cap oil valuation on a medium – long term investment timeframe. Acquisition in Azerbaijan potentially transformative Located in the Lower Kura Basin and around 240km