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Zenith Energy ( (GB:ZEN) ) has provided an update.
Zenith Energy Ltd. has announced that its subsidiary, Canadian North Africa Oil and Gas Limited, has successfully submitted an annulment application to the Swiss Federal Supreme Court regarding the ICC-2 Arbitration against the Republic of Tunisia. The application, based on procedural irregularities and undisclosed connections between the arbitral tribunal and Tunisia, seeks to annul an arbitral award related to the SLK concession dispute, which involves significant financial claims by Zenith.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
More about Zenith Energy
Zenith Energy Ltd. is an independent energy company with operations in North Africa, the US, and Europe. It focuses on energy production, exploration, and development, with a strategic emphasis on developing proven revenue-generating assets and engaging in low-risk exploration activities. The company is listed on the London Stock Exchange, Oslo Stock Exchange, and Spotlight Stock Market in Sweden.
Average Trading Volume: 743,915
Technical Sentiment Signal: Sell
Current Market Cap: £11.33M
See more insights into ZEN stock on TipRanks’ Stock Analysis page.