Expected newsflow over the next 2 months24 Apr 2023 16:24
#ZPHR Near term expected news:
1) Q1 Williston update (expected 10/11 May 2023).
2) Williston oil sales hedging update (as per presentation).
3) 36-2 remediation and tubing replacement.
4) 36-2 production test
5) Slawson wells (% interest in 6 totalling 1.3) and new Williston wells (% interest in 8 new wells) update.
6) RCF/Capital/Investment update including investment decision and “second tranche of 26,966,189 new Ordinary Shares will be issued to the vendor upon Zephyr's final investment decision with respect to the contract award to a primary contractor to commence construction activities to make the Powerline Road gas processing plant operational”. No timing guidance given, RNS 21-12-2022, now prioritised above new drilling in the Paradox (as per presentation)