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Zephyr Energy 'thrilled' at beating target and kicking off State 16-2 well drilling in Utah

Zephyr Energy's (LON:ZPHR) Colin Harrington talks to Proactive London after announcing the start of drilling for the State 16-2 well in Utah’s Paradox basin.

Harrington reminds viewers about the goal which is to dig up to 100 feet of continuous core from the targeted Cane Creek reservoir.

He expects that the drilling operations will take 30-40 days. Detailed results are then expected within three months from completion of the well and Harrington promises to keep updating his shareholders on the process.

Quick facts: Zephyr Energy PLC

Price: 2.425 GBX

Market: LSE
Market Cap: £17.4 m

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Zephyr Energy present at the Proactive One2One investment forum

Zephyr Energy's (LON:ZPHR) Colin Harrington (CEO) presents at the Proactive One2One investment forum. Zephyr Energy is an investment platform formed to aggregate responsibly-developed, economically-attractive oil and gas interests in the Rocky Mountain region of the United States. We...

2 weeks, 5 days ago

2 min read