Zenith Energy (GB:ZEN) has released an update.
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Zenith Energy Ltd. has published its 2024 annual financial report, revealing a decrease in revenue and oil inventory, while continuing profitable energy production in Italy despite lower electricity and gas prices. The company is actively involved in legal proceedings seeking compensation for alleged damages by Tunisian authorities, with potential positive outcomes expected to significantly impact its financial future. Furthermore, Zenith is assessing acquisition opportunities and plans to update on its growth strategies, including the acquisition of Devonian Petroleum Limited and activities of Leopard Energy, Inc in the US.
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