Receipt of US$7.5 million drilling funds
In brief · summary, not quotable
Received US$7.5 million to fund drilling operations on State 36-2 well in Wyoming.
- Drilling funds received US$7.5 million
Full announcement
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Further to its announcement on 18 December 2024, Zephyr is pleased to confirm that it has now received US$7.5 million which will fully-fund the expected costs to drill, complete and production test the extended lateral on the State 36-2 LNW-CC-R well.
The Company continues to expect that the drilling operations will commence in mid-January 2025 and will provide further updates as appropriate.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.