Zephyr Energy PLC's (Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF)) Colin Harrington talks to Proactive London about successfully completed itesting of the State 16-2LN-CC well at the Paradox Basin project in Utah, with equipment-constrained rates reaching a peak of 1,083 barrels oil equivalent per day.
A simulated model based on well data indicates potential for the well to yield up to 2,100 boepd, the company added.
Zephyr detailed that 23 days of production testing demonstrated the potential to drain a larger hydrocarbon resource and with stronger economics than initially forecast.