Zephyr Energy Announces Receipt of US$7.5 million Drilling Funds
Source: www.gulfoilandgas.com 12/31/2024, Location: North America
Further to its announcement on 18 December 2024, Zephyr is pleased to confirm that it has now received US$7.5 million which will fully-fund the expected costs to drill, complete and production test the extended lateral on the State 36-2 LNW-CC-R well.
The Company continues to expect that the drilling operations will commence in mid-January 2025 and will provide further updates as appropriate.