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Zephyr Energy 'thrilled' with new well acquisitions in North Dakota with 'wonderful economics'

Published: 17:18 22 Nov 2021 GMT

Zephyr Energy PLC's Colin Harrington joins Proactive London's Katie Pilbeam to talk about their new binding agreement to acquire a package of non-operated interests in producing and near-production assets in North Dakota.

This latest deal sees the company pay up to US$36mln for wells currently producing close to 900 barrels of oil equivalent production per day, and a package of wells due online in 2022 to yield around 1,100 boepd. The assets are spread across 22 well pads in the Williston Basin, North Dakota.

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