Business
Statement Re Market Speculation
Statement Re Market Speculation.
About this update from Zephyr Energy Plc
[{"type":"text","content":"\n\nPrior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.\n20 September 2023\nZephyr Energy plc\n(\"Zephyr\" or the \"Company\")\nStatement Re Market Speculation\nZephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, notes the recent speculation that Dominion Energy Utah, LLC has finalised the completion of its gas supply pipeline from the Northwest Gas Pipeline system to the Green River area (the \"pipeline\"), that the pipeline will be operational in the early part of the fourth quarter of 2023, and that the pipeline will also be available to accept natural gas volumes from third-party sources, slightly ahead of original timeframe estimates.\nZephyr can confirm that it has been informally notified that the pipeline will be operational in the next thirty days and would be available to receive Zephyr volumes in due course when Zephyr's own infrastructure and wells have been completed and all necessary regulatory approvals and commercial agreements have been completed.\nThe Company expects to be able to provide a detailed update on both the pipeline status and progress on its Paradox Project as part of its interim financial report for the six months ended 30 June 2023 that will be published by 29 September 2023.\nContacts\n\n\n\nZephyr Energy plc\nColin Harrington (CEO)\nChris Eadie (CFO)\n \n\n\n Tel: +44 (0)20 7225 4590\n\n\n\n\nAllenby Capital Limited - AIM Nominated Adviser\nJeremy Porter / Vivek Bhardwaj\n \n\n\n Tel: +44 (0)20 3328 5656\n \n\n\n\n\nTurner Pope Investments - Joint-Broker\nJames Pope / Andy Thacker \n \nPanmure Gordon (UK) Limited - Joint-Broker\nJohn Prior / Hugh Rich / James Sinclair-Ford\n \nCelicourt Communications - PR\nMark Antelme / Felicity Winkles / Ali AlQahtani\n\n\n Tel: +44 (0)20 3657 0050\n \n \nTel: +44 (0) 20 7886 2500\n \n \n \nTel: +44 (0) 20 7770 6424\n\n\n\n \n Notes to Editors\n Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF) is a techno...