Zenith Energy Ltd Announces Successful Drilling Results

  • Sep 09, 2019 BST
  • Team Kalkine

The company announced that it has identified three layers of oil in well no C-37, with a total yielding length of 16 metres. It has achieved its second objective of successfully drilling well C-37 to a total depth of 4350 meters to test the upper cretaceous formation. The company also confirmed that civil works at well C-30 will commence shortly.

On 9th September 2019, at the time of writing, GMT 12:41 PM, ZEN shares were trading at GBX 2.75, up by 0.10 points or 3.77% against the previous day closing price.

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