Drilling operations concluded safely and successfully
Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF) is pleased to confirm that drilling operations at the State 36-2 LNW-CC-R well (“the well”) have been completed safely and successfully, with the well drilled to a total depth of 15,288 feet (measured depth).
The well trajectory of the extended lateral section (the “lateral”) was drilled as planned and correlated well with the existing 3D seismic data. 97% of the lateral was drilled within the Cane Creek reservoir section demonstrating the ability to accurately steer within the reservoir across a structurally complex play. Encouragingly, elevated mud gas levels with notable peaks were evident throughout the drilling of the Cane Creek reservoir.
Zephyr’s operations team is now preparing to run casing across the drilled section after which the Nabors rig will be demobilised from the site. Zephyr will then mobilise equipment for the completion and production testing of the reservoir zone.
Results from the production test on the well are expected to be announced by the end of March 2025.
Contacts:
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Zephyr Energy plc Colin Harrington (CEO) Chris Eadie (Group Finance Director and Company Secretary)
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Tel: +44 (0)20 7225 4590 |
