Zephyr Energy greenlight phase of work at Paradox

Energy Oil & Gas Written by: Jamie Ashcroft 07:54 Mon 24 Aug 2026 --> Proactive has a commercial relationship with Zephyr Energy PLC. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009, Jamie contributed... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Zephyr Energy PLC ( AIM:ZPHR OTCQB:ZPHRF ) View Price & Profile Zephyr Energy greenlight phase of work at Paradox Published: 07:54 24 Aug 2026 BST Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF, FRA:VD5N) has approved additional engineering and well work at its Paradox project in Utah as it prepares for initial gas-processing capacity of up to 15 million standard cubic feet per day, three times its earlier 5 mmscf/d base case. The work will be funded from existing cash and run in parallel with Enbridge’s regulatory process to uprate operating pressures on the 16-inch pipeline that will carry Zephyr’s gas into the Williams-operated Northwest Pipeline system. Initial volumes are planned from the State 36-2R and Federal 28-11 wells. Detailed engineering is underway for a modular processing system, while work to equip, tie in and return the two wells to production will follow completion of the final design. Chief executive Colin Harrington said the board had gained confidence that Enbridge’s regulatory process would “conclude in a satisfactory manner”, allowing Zephyr to commit funding ahead of formal approval. Enbridge has completed a mandatory in-line inspection of the pipeline and is carrying out visual inspections of four short sections, with no safety concerns identified so far. Regulatory approval nevertheless remains the key requirement for first gas, with its timing still uncertain. Zephyr is also progressing potential farm-out discussions and a proposed US$15 million commodity purchase agreement announced on 27 July. Continue reading