Zephyr Energy provides Paradox project update
Why we think this is neutral
This RNS announcement provides a general update on the Paradox project operations, but does not contain any of the mandatory news types such as contract news, order news, trading update, or financial results. As such, the sentiment is considered neutral.
Key Points
- Lateral portion of the well successfully perforated
- Production testing to commence shortly
- Initial production test results expected by end of April 2025
Summary
The oil and gas company Zephyr Energy has provided an update on the completion and production testing operations at its Paradox project in Utah.
Zephyr Energy plc (AIM: ZPHR) has provided an update on the completion and production testing operations on the State 36-2 LNW-CC-R well at its Paradox Basin project in Utah. The lateral portion of the well was successfully perforated, and the company will shortly commence production testing. Initial production test results are expected by the end of April 2025.
Key Dates
End of April 2025
Initial production test results expected
GENERAL UPDATE