Zephyr Energy Commences Operational Activity on the State 16-2 Paradox Well

Source: www.gulfoilandgas.com 11/19/2020, Location: North America

Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development, has provided an update on its project in the Paradox Basin, Utah, U.S.A. where the Company is preparing to spud the 'dual-use' State 16-2 well before the end of the year.

The Company has announced the commencement of remediation work on the State 16-2 well pad and access road. The pad preparations and road work are expected to take less than five days, and will be completed well ahead of the scheduled rig mobilisation in early December.

Colin Harrington, Zephyr's Chief Executive, said:

'I am delighted that we have started operational activity on the ground, fully in line with our plans to spud the State 16-2 well before the end of the year.

'Furthermore, in line with our mission to be responsible stewards of both our capital and of the environment in which we work, it should be noted that one of many benefits to the State 16-2 site selection is co-location of the new well on a pre-existing well pad. By re-utilising this particular pad, we will minimise environmental disruption by taking advantage of existing road and site infrastructure - thereby reducing cost, timeline and surface footprint impacts. We have also worked with the State of Utah to develop a plan to responsibly plug and abandon the existing inactive well on site, an activity which we will undertake shortly after the road work is complete.

'The next few weeks will be a period of intense activity for the Company, and we look forward to keeping the market updated on our progress as we deliver on the key milestone of drilling the State 16-2 well.'


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