Zephyr Energy Forms Strategic Partnership for Williston Basin Expansion

The latest update is out from Zephyr Energy ( (GB:ZPHR) ).

Zephyr Energy has announced a strategic partnership with a U.S.-based capital provider to fund growth in its non-operated asset portfolio in the Williston Basin, forming a new acquisition vehicle, Zephyr Hawk LLC. This agreement, which includes up to US$100 million in funding, positions Zephyr to leverage its expertise and the investor’s financial strength to accelerate growth, enhance cash flow, and drive returns for stakeholders.

The most recent analyst rating on (GB:ZPHR) stock is a Buy with a £11.00 price target. To see the full list of analyst forecasts on Zephyr Energy stock, see the GB:ZPHR Stock Forecast page.

More about Zephyr Energy

Zephyr Energy plc is a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States. The company’s flagship asset is a 46,000-acre leaseholding in the Paradox Basin, Utah, with significant reserves and resources. Zephyr also owns interests in a portfolio of non-operated producing wells in the Williston Basin, North Dakota, and Montana, using cash flow from these assets to fund further development and acquisitions.

Average Trading Volume: 3,960,325

Technical Sentiment Signal: Buy

Current Market Cap: £76.16M

For an in-depth examination of ZPHR stock, go to TipRanks’ Stock Analysis page.