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Zenith Energy, an international oil & gas production company focused on pursuing African development opportunities announced that its wholly owned subsidiary Zenith Netherlands has signed an extension agreement in respect of the conditional sale and purchase agreement (SPA) it signed with CNPC International (Tunisia), (CNPCI), a 100% subsidiary of CNPCI, CNPC International, for the acquisition of a participation in, inter alia, the North Kairouan permit and the Sidi El Kilani Concession (the  Tunisian Acquisition ), which includes the Sidi El Kilani oilfield (SLK). For reference, signing of the SPA was announced to the market on September 8, 2020. CNPCI holds an undivided 22.5% interest in the Tunisian Acquisition, together with 25 Class B shares in Compagnie Tuniso-Koweito-Chinoise de Pétrole (CTKCP), the operator, representing 25% of the issued share capital of the company.

Netherlands generalSidi el kilaniAl qayrawanState of kuwaitRepublic of tunisiaAndrea cattaneoZenith energyInternational tunisiaMinistry of industryKuwait foreign petroleum exploration companyPie kamauZenith netherlandsNorth kairouanSidi el kilani concessionTunisian acquisitionCompagnie tuniso koweito chinoise