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Zephyr Energy

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  1. 2026

    Zephyr Energy acquires 5,692 acres of federal leases in Utah's Paradox Basin

    AIM-listed Zephyr Energy announced that it successfully acquired 5,692 acres under U.S. federal leases at auction in the Paradox Basin, Utah, immediately north of its existing White Sands Unit, increasing its operated land footprint by around 10%. The purchase was paid from the company's existing cash resources, and Zephyr said it may unitise the acreage by forming a new federal unit or by expanding the WSU, subject to securing any necessary regulatory approvals.