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Monday, 01/08/2024 8:06:31 PM

Monday, January 08, 2024 8:06:31 PM

Post# of 7083
Acquisition of Devonian Petroleum Limited

Zenith Energy Ltd.,the listed international energy production and development company with a focus on opportunities in Central Asia and the USA, is pleased to announce the conditional acquisition of an initial 50% of the shares and voting rights in Devonian Petroleum Limited ("Devonian"), a private oil company registered in the United Kingdom, for a total investment in cash and in kind presently assessed at approximately 5 million USD (the "Conditional Acquisition").

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