October 28, 2019

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Filing of audited annual financial results

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA-ME), the
listed international oil & gas production company focused on pursuing African
development opportunities, is pleased to announce the publication of its audited
financial results (the “Financial Results”) for the financial year ended March
31, 2020. 
In accordance with Canadian securities laws, the Financial Results for the
financial year ended March 31, 2020 have been filed on SEDAR (www.sedar.com). 

Following the publication of the Financial Results, the Company will now make
application to Oslo Børs for the suspension of trading of the Company’s common
shares on the Merkur Market to be lifted. 

Further information will be provided as appropriate. 

 Further Information:
Zenith Energy Ltd 	
Andrea Cattaneo, Chief Executive Officer	Tel: +1 (587) 315 9031
	E-mail:  info@zenithenergy.ca

Allenby Capital Limited - Financial Adviser & Broker	
Nick Harriss
Nick Athanas	Tel: + 44 (0) 203 328 5656
 
Notes to Editors: 
Zenith Energy Ltd. is an international oil and gas production company, listed on
the London Stock Exchange (LSE:ZEN) and the Merkur Market of the Oslo Stock
Exchange (ZENA:ME).
Zenith's development strategy is to identify and rapidly seize value-accretive
hydrocarbon production opportunities in the onshore oil & gas sector,
specifically in Africa. The Company's board of directors and senior management
team have the experience and technical expertise to develop the Company
successfully.