(NewsDirect)
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF)chief executive Colin Harrington speaks to Thomas Warner after theRocky Mountain oil and gas company company released its half-yearreport including interim results for the six months ended 30 June2023.
Harrington gives a quickoverview of the interim results, saying that "the theme of thefirst half was all about investment" and highlighting some of thespecific decisions taken. He adds that he believes "its importantfor investors to remember that... even with all the challengeswe've had in the Paradox [basin]... we're going to end thisyear at a higher run rate in terms of production than we ended lastyear."
He goes on to address how the company is respondingto what he describes as a "major well control incident" at theState 36-2 LNW-CC well, which occurred on 7 April 2023. He finishes bygiving an overview of what investors can expect from the rest of thishalf, promising to update investors of any significant changes toestablished plans. He says "We're going to push forward and welook forward to updating people as we do."
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