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Intraday Zephyr Energy Share Chart
Zephyr Energy starts new drilling on Cane Creek reservoir
(Sharecast News) - Zephyr Energy announced the start of drilling operations for the extended lateral section of the State 36-2 LNW-CC-R well on Monday.
The AIM-traded firm said the lateral section would be drilled horizontally from near the base of the existing wellbore, targeting an additional 5,500 feet of the Cane Creek reservoir.
It said the drilling phase was expected to take about 30 days.
Following completion of drilling, the Nabors rig would be demobilised and equipment for the well's completion and production testing would be deployed to the site.
Zephyr anticipated results from the production test would be available by the end of March.
At 1507 GMT, shares in Zephyr Energy were up 1.47% at 3.45p.
Reporting by Josh White for Sharecast.com.
Latest ZPHR News
- Zephyr Energy seeks to recover diverted funds after US cyber attack
9 Apr 2026 - WINNERS & LOSERS: Van Elle buyout; Riverstone Energy plans return
9 Apr 2026 - EARNINGS AND TRADING: Distil warns of revenue miss and wider loss
24 Mar 2026 - EXECUTIVE CHANGE SUMMARY: Prospex Energy appoints Tom Reynolds as CEO
6 Jan 2026 - Zephyr Energy shares fall as acquisition boosts quarterly production
30 Dec 2025 - TRADING UPDATES: Petro Matad touts well test, Marwyn eyes acquisition
9 Oct 2025 - TRADING UPDATES: Smarttech247 to delist; Robinson sells Cannon Mill
6 Oct 2025 - Canaccord Genuity raises Zephyr Energy price target on reserves uplift
6 Oct 2025
Related News
Zephyr Energy seeks to recover diverted funds after US cyber attack
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Zephyr Energy News
Zephyr Energy seeks to recover diverted funds after US cyber attack
(Alliance News) - Zephyr Energy PLC on Thursday said that one of its US subsidiary companies has been targeted in a cybersecurity incident.
WINNERS & LOSERS: Van Elle buyout; Riverstone Energy plans return
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Thursday.
EARNINGS AND TRADING: Distil warns of revenue miss and wider loss
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reporte...
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(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported b...
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(Alliance News) - Zephyr Energy PLC shares slumped on Tuesday as it said 2025 was an "extremely active year" for the firm.
TRADING UPDATES: Petro Matad touts well test, Marwyn eyes acquisition
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Thursday and not separately reported by Allianc...
TRADING UPDATES: Smarttech247 to delist; Robinson sells Cannon Mill
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Canaccord Genuity raises Zephyr Energy price target on reserves uplift
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on exploration and production firm Zephyr Energy from 10.5p to 14p on Monda...
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