Resource specialist Zenith Energy has signed exclusivity agreements to potentially acquire approximately 82 percent of the shares in US-based Daybreak Oil and Gas. The acquisition is part of the company’s strategy to build a larger portfolio of revenue-generating energy assets in the United States.The agreements have been entered into with Reabold Resources and Portillion Capital, which own approximately 42 and 40 percent of Daybreak, respectively. Zenith now has an exclusive 90-day period to carry out due diligence and negotiate final terms.If the deal is completed, Zenith, through its US-listed subsidiary Leopard Energy or another group entity, would gain a controlling ownership stake in Daybreak. The deal is not yet binding and is conditional on, among other things, review, final agreements and other agreed terms. No financial details are provided regarding the acquisition or the business. At present, Daybreak produces 130 barrels per day.