10th Oct 2022 12:25
Zephyr Energy PLC - Oil & gas exploration and development in US Rocky Mountains - Acquires a package of oil and gas assets located on and around its Paradox project in Utah. Acquisition comprises 21 miles of natural gas gathering lines, the Powerline Road gas processing plant, active permits, five existing wellbores and additional acreage. Says the acquisition will "substantially reduce the capital required to build the necessary gas export infrastructure" for its expected gas production from the Paradox project. Read More