Zephyr Energy (GB:ZPHR) has released an update.
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Zephyr Energy has commenced initial operations for a commitment well at the Salt Wash helium project in Utah and is exploring funding options for the well’s full drilling operations expected in 2025. Additionally, the company has successfully executed an acidisation operation on the State 36-2R well, with production testing ongoing and results anticipated within ten days. These developments are part of Zephyr’s broader strategy to responsibly develop carbon-neutral operations and deliver value to shareholders.
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