Zephyr Energy (GB:ZPHR) has released an update.
Zephyr Energy has initiated a production test on its State 36-2R LNW-CC well in the Paradox Basin, Utah, marking a significant step in the company’s focus on carbon-neutral operations and responsible resource development. The initial flow of natural gas and condensate from the well is promising, and a comprehensive two-week testing phase is underway to evaluate the well’s potential. Following the testing, Zephyr is set to release findings on the well’s performance and resource estimates.
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