Zephyr Energy PLC (LON:ZPHR) is mobilising the rig for the State 16-2LN-CC appraisal well, in Utah’s Paradox basin.
The company signed a drill contract in June with Cyclone Drilling Inc to secure Cyclone Rig #34 for the programme and it today confirmed that mobilisation is underway.
Equipment and drill teams will be on-site in the coming days and Cyclone Rig #34 will be rigged up over a week, with the well on-track to spud before the end of July.
"I am delighted that the pieces are coming together for our forthcoming drilling programme, enabling us to commence drilling in line with our forecast timetable,” said Zephyr chief executive Colin Harrington. “With permitting and site preparation completed and rig mobilisation now commencing, we are in full countdown mode ahead of this highly anticipated drilling effort.
"Our key objectives are to drill a safe, responsible and successful well, and I'd like to thank our technical team and contractors for their meticulous preparation in helping us deliver on these objectives."