Zephyr was formed from the former Rose Petroleum plc, and Rose’s asset base was largely comprised of an appraisal project in the Paradox Basin (Utah), a project which Zephyr’s board believes may have significant long term value.
Our near term strategy is to bring balance and cash flow to Zephyr through the acquisition of high-quality production assets and near term development projects, all located within the Rocky Mountain region. This geographic region provides a range of benefits well suited for our growth plans:
|Ability to deploy capital at range of scales||→||Multiplies paths for the profitable growth|
|Broad range of asset opportunities and owner types||→||Increased potential for ongoing & successful deal completion|
|Volumes of geologic and historical data available, but significant information asymmetry across counterparties||→||Zephyr compiles data from multiple sources to feed a proprietary process which pinpoints and ranks locations, operators and investment opportunities|
|Less competitions and lower acreage cost compared to the larger Permian Basin, Eagle Ford and Bakken plays||→||Improved profitability and cash flow|
|Rapid decrease in DJ Basin well costs||→||Improves profitability even in time of distress|
|Existing Paradox Basin asset||→||Can be developed from a focused base of operations in Denver|