ZPHR is the operator of over 37,000 leased acres in the Paradox Basin, Utah and has been active in the Paradox Basin since 2014.
- Development of the leasehold is envisioned to utilize natural fractures and/or hydraulic stimulation – the Company has undertaken significant analysis with respect to maximising resource efficiency and economic returns via optimized completion techniques.
- The Basin’s primary historical productive zone is the Cane Creek reservoir, although there are multiple other potential reservoir targets above the Cane Creek which Zephyr is currently evaluating.
Zephyr Energy plc (LON:ZPHR) is an investment platform formed to aggregate responsibly-developed, economically-attractive oil and gas interests in the Rocky Mountain region of the United States.