RE: This week size of Trades & trading volume etc19 Jan 2026 16:25
Sorry guys, I think you are barking up the wrong tree. An agreement with Enbridge looks to be sorted.
RNS: 30th December 2025.
'The Company continues to make solid progress towards delivering first commercial production from the Paradox project, and is pleased to report it has reached a framework agreement with Enbridge, the owner of the pipeline positioned to provide interconnect services from Zephyr's Powerline Road Gas Plant to the Williams Northwest Pipeline for sales to the U.S. gas market.
As detailed by the framework agreement, Enbridge will construct, own, operate, and maintain the interconnect facilities. The operations being conducted by Enbridge include survey, engineering, environmental, land and right-of-way work, as well as the design, inspection and obtaining regulatory approvals required to run bi-directional flows on the existing Enbridge pipeline. Zephyr will update shareholders on Enbridge's timing as their operational and regulatory processes advance.
In the interim, Zephyr continues to evaluate marketing and joint venture/farm-in partners with potential to accelerate further development of the Paradox project. Given the recent strength of the western U.S. gas markets, the Company has been encouraged by the level of interest from potential partners. At present, Zephyr is in receipt of multiple proposals which could provide hydrocarbon marketing solutions and funding for additional drilling across its operated acreage. While there is no guarantee that a marketing/financing transaction will come to fruition in the near-term, Zephyr will update the market as negotiations progress.'