About
Who we are
Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF) 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. Founded in 2020, our vision is to open up the next prolific onshore U.S. oil and gas play.
We are a value led company, committed to be responsible stewards of investors’ capital, and the environment in which we work.
We have a balanced portfolio of both operated and non-operated assets, located in two established oil producing basins in the Rocky Mountain region of the United States.
Our flagship asset is in the Paradox Basin, Utah, where we hold an over 46,000-acre leasehold with 2P reserves of 2.6 mmboe, 2C resources of 34 mmboe and 2U resources 270 mmboe. We are developing Paradox to delineate the scale and value of the asset.
We also own a growing suite of non-operated production and near-term production assets acquired for their low-risk, high-return cash flow potential. Our non-operated generated revenue of US$25.2 million in FY 2023.
Cash flow from Williston production will be used to fund planned Paradox Basin development. In addition, our Board will consider further opportunistic value-accretive acquisitions.