Zephyr Energy PLC's (LON:ZPHR) Colin Harrington talks to Proactive London's Katie Pilbeam about their latest update on its flagship project in Utah’s Paradox Basin.
Harrington provides analysis following the in-depth results released from the State 16-2 dual-use stratigraphic test well drilled earlier this year.
The work appears to have unlocked the potential of eight high-graded hydrocarbon reservoirs overlying the Cane Creek opportunity it was initially investigating.
Zephyr believes there is the potential for up to 200 well locations across the eight overlying reservoirs identified.
