ZEPHYR ENERGY PLC

Report Publication Announcement • Apr 13, 2023

National Storage Mechanism | Additional information

RNS Number : 1700W

Zephyr Energy PLC

13 April 2023

REACH

Zephyr Energy plc

("Zephyr" or the "Company")

13 April 2023

Investor Webinar

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, announces that Colin Harrington, the Company's Chief Executive Officer, will be presenting at an investor webinar on Thursday, 20 April 2023 at 6:00pm (UK local time).

The live webinar, which will be hosted by the Company's Joint Broker, Turner Pope Investments, is open to existing and prospective investors. There will be a Q&A session for investors after the presentation and questions can be submitted pre-event as part of the registration process. In addition, questions can be submitted during the live event.

The purpose of the webinar is to talk through recent events and progress at Zephyr's flagship asset in the Paradox Basin, U.S., as well as an update on the Company's non-operated production and development portfolio.

You can register for the event for free by using the following link:

https://vimeo.com/webinars/events/31033300-080a-48d9-9d5e-3f47d017f5eb

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  Panmure Gordon (UK) Limited  - Joint-Broker John Prior / Hugh Rich / James Sinclair-Ford Celicourt Communications  - Public Relations Mark Antelme / Felicity Winkles	Tel: +44 (0)20 3657 0050 Tel: +44 (0) 20 7886 2500 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 leaseholding 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 240 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 200 modern horizontal wells which are expected to provide production of 1,550 - 1,750 barrels of oil equivalent per day, net to Zephyr, in 2023.  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. 

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain.  Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRASFAFLDEDSEIL