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Zephyr Energy expands in Paradox basin with acreage deal
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF, FRA:VD5N) announced it has expanded its landholding in Utah's Paradox Basin by approximately 10% after acquiring 5,692 acres immediately north of its existing White Sands Unit (WSU). The additional acreage, secured through a US federal lease auction and funded from existing cash resources, could support future development using Zephyr's existing and planned pipeline and processing infrastructure.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF, FRA:VD5N) announced it has expanded its landholding in Utah's Paradox Basin by approximately 10% after acquiring 5,692 acres immediately north of its existing White Sands Unit (WSU). The additional acreage, secured through a US federal lease auction and funded from existing cash resources, could support future development using Zephyr's existing and planned pipeline and processing infrastructure.
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