Publication of Half-Year Results

18 Dec 2024 22:40 CET

December 18, 2024

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Publication of Half-Year Results

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; OTC PINK:
ZENAF), the listed international energy production and development company, is
pleased to publish its consolidated half-yearly unaudited financial results for
the six months ended September 30, 2024 (the "Interim Results").

The Interim Results will shortly be made available on the Company's website
(www.zenithenergy.ca) and are also provided as an attachment to this regulatory
news announcement.

Highlights:

Highlights for the six months ended September 30, 2024, include the following:

• The Group generated revenues from oil and natural gas of CAD$911k (2023 –
CAD$1,362k).
• During the six months ended September 30, 2024, the Company produced 1,471
barrels of oil from its Tunisian assets (2023 – 1,789 barrels)
• During the six months ended September 30, 2024, the Company sold Nil barrels
of oil produced from its Tunisian assets (2023 – Nil barrels)
• During the six months ended September 30, 2024, the Company sold 5,303 MWh of
electricity produced from its Italian assets (2023 – 4,350 MWh).
• During the six months ended September 30, 2024, the Company sold 6,357 mcf of
natural gas produced from its Italian assets (2023 – 5,190 mcf).
• During the six months ended September 30, 2024, the Company sold Nil barrels
of condensate produced from its Italian assets (2023 – 120).


Further Information:
Zenith Energy Ltd

Andrea Cattaneo, Chief Executive Officer
Tel: +1 (587) 315 1279
E: info@zenithenergy.ca


Notes to Editors:

Zenith Energy Ltd. is a revenue generating, independent energy company with
energy production, exploration and development assets in North Africa, the US
and Europe. The Company is listed on the London Stock Exchange Main Market (LSE:
ZEN), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and the Pink
Markets of the OTC (OTC PINK: ZENAF).

Zenith's strategic focus is on pursuing development opportunities through the
development of proven revenue generating energy production assets, as well as
low-risk exploration activities in assets with existing production.
For more information, please visit: www.zenithenergy.ca

Twitter: @zenithenergyltd

LinkedIn: https://bit.ly/3A5PRJb

More information:
Access the news on Oslo Bors NewsWeb site

635136_Zenith Financial Statements 30 September 2024 - FINAL.pdf
635136_18.12.2024 Norway - Interim Results .pdf