LONDON, UK: Zephyr Energy plc (AIM: ZPHR), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, has completed $36 million acquisition of non-operated working interests in currently producing and near-term production wells in the Williston Basin, North Dakota, U.S. All conditions of the Acquisition have now been satisfied, including…
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Zephyr Energy acquires 163 producing wells in USA for $36mn
LONDON, UK: Zephyr Energy plc (LON: ZPHR) has entered into a binding agreement to acquire further non-operated working interests in currently producing and near-term production wells in the Williston Basin, North Dakota, USA. The Directors of Zephyr believe that the Assets will be an ideal addition to Zephyr’s existing asset portfolio and that the cashflows…
Zephyr Energy conducts fund raising to fund Bakken project acquisition
LONDON: Zephyr Energy announced a placing and subscription of 500 million new ordinary shares to raise £10 million. Zephyr has a conditional agreement with the Seller providing exclusivity for Zephyr to acquire the Bakken Interests by 31 March 2021. Zephyr has already paid the Seller a non-refundable deposit of $50,000. Pursuant to the Agreement, to…