Zephyr Energy has announced the completion of a US$7.3 million acquisition of working interests in mature PDP assets, effective 1 June 2025. Simultaneously, the Company divested a portion of the newly acquired operated wells for US$1.5 million, consisting of US$679,000 in cash and the assumption of US$822,000 in plugging and abandonment liabilities.
26 Aug 2025
Completion of Acquisition and Divestment of Wells
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Completion of Acquisition and Divestment of Wells
Zephyr Energy PLC (ZPHR:LON) | 2.8 0 0.0% | Mkt Cap: 57.8m
- Published:
26 Aug 2025 -
Author:
Barry Gibb -
Pages:
4 -
Zephyr Energy has announced the completion of a US$7.3 million acquisition of working interests in mature PDP assets, effective 1 June 2025. Simultaneously, the Company divested a portion of the newly acquired operated wells for US$1.5 million, consisting of US$679,000 in cash and the assumption of US$822,000 in plugging and abandonment liabilities.