Zephyr Energy PLC's Colin Harrington joins Proactive London's Katie Pilbeam to talk about their new binding agreement to acquire a package of non-operated interests in producing and near-production assets in North Dakota.
This latest deal sees the company pay up to US$36mln for wells currently producing close to 900 barrels of oil equivalent production per day, and a package of wells due online in 2022 to yield around 1,100 boepd. The assets are spread across 22 well pads in the Williston Basin, North Dakota.