Zephyr Energy (GB:ZPHR) has released an update.
Zephyr Energy PLC has reported a 7% increase in second-quarter production for 2024, achieving an average of 1,226 barrels of oil equivalent per day from its Williston Basin project in North Dakota. The company has successfully hedged 76,000 barrels of oil for Q2 and beyond, ensuring price stability, and forecasts a full-year production range of 1,100-1,300 boepd. This consistent growth underscores Zephyr’s commitment to harnessing responsible resource development and generating strong cash flows for further operational advancements.
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