Zenith Energy Ltd Sudden Passing Of Director (5511W)
February 10 2017 - 2:00AM
UK Regulatory
TIDMZEN
RNS Number : 5511W
Zenith Energy Ltd
10 February 2017
SUDDEN PASSING OF DIRECTOR
Calgary, Alberta, February 10, 2017, Zenith Energy Ltd. (
"Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE) is deeply
saddened to announce the passing of Francesco Salimbeni,
non-executive Director of the Company.
Andrea Cattaneo, Zenith Energy CEO, commented:
"On behalf of Zenith and its shareholders, I would like to
express our profound sympathies and condolences to Francesco's
family.
Francesco was a highly valued member of the Board, specifically
because of his illustrious career with Snamprogetti S.p.A and his
vast high-level experience in the petroleum industry. Francesco was
above all a good friend and mentor. He will be greatly missed by
all of us who were fortunate enough to know and work with him.
Francesco was without equals in his passion for work. Only
recently, in January 2017, he had been negotiating a significant
construction contract in India. We shall all draw inspiration from
his defining traits of tireless zeal and tenacity whilst working
towards the achievement of the Company's operational goals.
To honour Francesco's memory, Zenith Aran will apply to the
relevant authorities in Azerbaijan to rename the Zardab field,
considered by some geologists a very promising field, the
'Salimbeni' field. A plaque in Francesco's memory will also be
placed at the well with the most sizeable production increase
following workover."
Francesco Salimbeni's Biography
Francesco Salimbeni served as non-executive Director of Zenith
and was an engineer with over fifty years of experience in
technical and management positions in the petroleum industry. More
specifically, Francesco was an internationally recognised oil
recovery specialist and had served as an advisor to the Italian
Government and many private enterprises internationally on various
matters including environmental responsibility, conservation,
desalination and waste management.
Francesco belonged to a historically important group of oilmen
that contributed to the rise of AGIP (now ENI S.p.A), the Italian
state-owned oil exploration and production company. Under the
leadership of Enrico Mattei, the acclaimed first CEO of AGIP in the
post-war period, AGIP grew from a relatively small entity reeling
from the destructive effects of war to become one of the world's
largest oil majors.
Within the AGIP group, Francesco worked at Snamprogetti S.p.A,
where he eventually became managing director. Snamprogetti was a
leading international engineering company, specialising in the
design and construction of large refineries, pipelines and other
hydrocarbon industry infrastructure. As managing director,
Francesco directed the negotiation and acquisition of more than
fifty contracts for the construction of oil refineries
globally.
Francesco later left Snamprogetti and established his own
engineering company, responsible for many projects, most notable of
which was the construction of one of the first underground oil
refineries in history.
For further information, please contact:
José Ramón López-Portillo
Chairman of the Board
Andrea Cattaneo
CEO & President
Email: info@zenithenergy.ca
Telephone: (587) 315-9031
Telefax: (403) 775-4474
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOASFESSSFWSEFE
(END) Dow Jones Newswires
February 10, 2017 02:00 ET (07:00 GMT)
Zenith Energy (LSE:ZEN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Zenith Energy (LSE:ZEN)
Historical Stock Chart
From Jul 2023 to Jul 2024