- Zenith Energy said its oilfield services company would begin mobilising a rig at the Jafarli Field in Azerbaijan over the next two days.

The rig is due to drill the C-37 well.

'The beginning of our potentially transformational well deepening programme in the Jafarli Field in Azerbaijan is now imminent,' chief executive Andrea Cattaneo said.

'We are extremely excited by current progress and look forward to seeing the rig fully rigged up and ready for drilling.'

'Success in this operation will enable us to definitively put past disappointments behind us and look with renewed confidence to a bright future for Zenith Energy and our supportive shareholders.'

At 8:32am: [LON:ZEN] Zenith Energy Ltd share price was +0.1p at 3p

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