Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) is set to be the recipient of an additional US$1mln of grant funding, as it signed an amended cooperation agreement as part of a research project backed by the US government.
The company has previously received US$2.1mln of grant funding supporting operations on the tate 16-2 well in 2020 and 2021, and, it has continued to work closely with researchers from Utah's Energy & Geoscience Institute and the Utah Geological Survey.