Zephyr Energy PLC's (LON:ZPHR) Colin Harrington talks to Proactive London about their latest update, after successfully plugging the State 16-2 well for future re-entry and horizontal follow-up.
In the meantime, the data will be analysed and Harrington is thrilled that after being 'off the radar' for a while, the market is now noticing all of their hard work. Harrington is keen to keep the market updated and says this update, 'will be one of many'.
He goes on to say initial indications from the data suggests the presence of hydrocarbons in multiple reservoir intervals. It is expected that initial results will be announced on January 29.