Zephyr Energy Reports Strong Q3 and Extends Warrants

Zephyr Energy (GB:ZPHR) has released an update.

Zephyr Energy reported an average production of 1,047 barrels of oil equivalent per day from its Williston Basin portfolio in Q3 2024, slightly down from Q2 due to natural decline, but in line with forecasts. The company also extended the warrant exercise period, potentially generating £6.7 million if fully exercised, reflecting investor confidence in its growth strategy. Zephyr remains focused on advancing its Paradox Basin development, leveraging strong cash flows from its non-operated assets.

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