Off-market insider buying at Zenith Energy (ZEE)

Off-market insider buying at Zenith Energy (V:ZEE)

Andrea Cattaneo, CEO and Director, acquired 2,008,808 Common Shares on a direct ownership basis at a price of $0.040GBP through a private transaction on July 3rd, 2018. This represents a $139,307 investment into the company's shares and an account share holdings change of 33.4%.

Zenith Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Zenith Energy Ltd. focuses on the acquisition and development of onshore oil and gas fields. The Company's oil and gas reserves are located in Argentina, Azerbaijan and Italy. The Company's products include light and medium oil, including solution gas and other byproducts; heavy oil, including solution gas and other byproducts, and natural gas, including byproducts. The Company's oil wells are located onshore in two oil fields: Alberto and Don Ernesto, Chubut Province of Argentina. There are approximately 20 producing oil wells and over 10 non-producing wells. The Company's gas wells are located onshore in six concessions of Italy: Lucera, Masseria Acquasalsa, Misno Adriatico, San Andrea, San Mauro, and Torrente Cigno. Each concession has a producing well except Lucera concession, which has over two producing wells. The Company holds over five additional concessions in Italy. The Company also has interests in over two exploration permits and two exploration applications in Italy.