ZEPHYR ENERGY PLC

Declaration of Voting Results & Voting Rights Announcements • Jun 30, 2023

National Storage Mechanism | Additional information

RNS Number : 5798E

Zephyr Energy PLC

30 June 2023

Zephyr Energy plc

(the "Company" or "Zephyr")

30 June 2023

Total Voting Rights

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, announces that the issued share capital of the Company at the date of this announcement comprises 1,686,501,823 ordinary shares of 0.1 pence each with one voting right per share ("Ordinary Shares"). The Company does not hold any Ordinary Shares in treasury. The total number of Ordinary Shares and voting rights in the Company is therefore 1,686,501,823.

This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Contacts

Zephyr Energy plc Colin Harrington (CEO) Chris Eadie (CFO)	Tel: +44 (0)20 7225 4590
Allenby Capital Limited - AIM Nominated Adviser Jeremy Porter / Vivek Bhardwaj	Tel: +44 (0)20 3328 5656
Turner Pope Investments - Joint-Broker James Pope / Andy Thacker	Tel: +44 (0)20 3657 0050
Panmure Gordon (UK) Limited - Joint-Broker John Prior / Hugh Rich / James Sinclair-Ford	Tel: +44 (0) 20 7886 2500
Celicourt Communication - Public Relations Mark Antelme / Felicity Winkles	Tel: +44 (0) 20 8434 2643

Notes to Editors

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF) is a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States.  The Company's mission is rooted in two core values: to be responsible stewards of its investors' capital, and to be responsible stewards of the environment in which it works.

Zephyr's flagship asset is an operated 45,000-acre lease holding located in the Paradox Basin, Utah, 25,000 acres of which has been assessed to hold, net to Zephyr, 2P reserves of 2.6 million barrels of oil equivalent ("mmboe"), 2C resources of 34 mmboe and 2U resources 270 mmboe.

In addition to its operated assets, the Company owns working interests in a broad portfolio of non-operated producing wells across the Williston Basin in North Dakota and Montana. 

The Williston portfolio currently consists of working-interests in over 220 modern horizontal wells.  Cash flow from the Williston production will be used to fund the planned Paradox Basin development. In addition, the Board will consider further opportunistic value-accretive acquisitions. 

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