Positive indications of stacked, continuous oil and gas plays;
hydrocarbon saturation across a majority of potential reservoirs;
update on U.S. Administration Executive Order
Zephyr Energy plc (AIM: ZPHR), the Rocky Mountain oil and gas company focused on responsible resource development, provides an update on its project in the Paradox Basin, Utah, U.S. (the Paradox or the Paradox project ). Over the last two months, Zephyr drilled the State 16-2 well safely, successfully, and in record time to a total depth ( TD ) of 9,745 feet. After reaching TD, a significant amount of reservoir data was extracted. The well is currently plugged at 6,435 feet, and is
data evaluation ongoing;
corporate outlook regarding the new U.S. Administration
Zephyr Energy plc (AIM: ZPHR), the Rocky Mountain oil and gas company focused on responsible resource development, provides an update on its project in the Paradox Basin, Utah, U.S. (the Paradox or the Paradox project ) and other matters . As previously announced, the State 16-2 well was drilled successfully and safely to a total depth ( TD ) of 9,745 feet in less than 19 days, a record performance versus historical drilling in the northern part of the Paradox Basin. In addition: · The data acquisition programme secured 113 feet of continuous core from the Cane Creek reservoir.