Zenith Energy Ltd. Stock Analysis ZEN.L

Zenith Energy Ltd. operates as an upstream international oil and gas company. The company is headquartered in Calgary, British Columbia and currently employs 8 full-time employees. The company went IPO on 2017-01-11. The company is focused on the development of energy production assets, as well as low-risk exploration activities in assets with existing production. Its subsidiary, Compagnie Du Desert Ltd (CDD), holds a 100% interest in the El Bibane and Robbana concessions in Tunisia. The company has a 98.64% shareholding in Canoel Italia S.r.l., which holds various working interests in over 13 onshore exploration and production properties in Italy. The company has a 99.87% shareholding in Leopard Energy Inc., which is engaged in software development. The firm has expanded its renewable energy footprint through the acquisition of development stage agrivoltaic solar projects in Italy's Piedmont region and increasing its solar development pipeline to over 163.5-megawatt peak (MWp). The company also owns over five MWp photovoltaic development project located in Puglia, Italy.