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Bullboard - Stock Discussion Forum Zenith Energy Ltd. V.ZEE

Energy
"Zenith Energy Ltd was incorporated on September 20, 2007. The Company is a junior international oil & gas production company. It operates the onshore oilfield of Azerbaijan and has a number of gas producing concessions in Italy."

TSXV:ZEE - Post Discussion

Zenith Energy Ltd. > Npv 10 bucks trading @ 16 cents
View:
Post by JamJam123 on Jan 13, 2017 10:59am

Npv 10 bucks trading @ 16 cents

Fair value of net assets acquired CAD$ D&P assets 1,052,765,084
Compensatory Oil* (1,997,357)
Capital Costs* (285,548,895)
Foreign Currency Translation 7,913,703
Decommissioning Obligations* (1,943,339)
Gain on business combination 771,189,197
Taxation (153,043,767)
Net NPV of the assets 618,145,430
Comment by littlebirdie11 on Jan 13, 2017 11:18am
how did this company go from prop and equip value in march of $14,598,089 to prop and equip value in June of $626,088,366?? seems a bit fishy...but i may be wrong...just a question.
Comment by JamJam123 on Jan 13, 2017 11:21am
what abt this news in june ZENITH WINS BID ROUND FOR BLOCK "C" IN ALBANIA
Zenith Energy Ltd.
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