The December London South East Investor Webinar took place yesterday evening (1.12.2020) and we had a full house with CEO's from 4 AIM-listed companies present and taking questions from our live audience of almost 200 investors.
We were joined by Colin Harrington, CEO of Zephyr Energy from just outside Washington D.C. Zephyr as you may know were previously known as Rose Petroleum, however its definitely a case of strong new management team, new strategy and funding. Colin confirmed they are preparing to spud a $2M Government funded research well at Paradox Basin before the year-end, and have raised £2.25M in a placing to partly cover the cost of a horizontal drill if required. This well is economic at under $30 dollar oil.