Assets
We are a cash generative, oil production company with asymmetric growth potential.
We have a balanced portfolio of both operated and non-operated assets located in two established oil producing basins in the U.S.
Our flagship asset is in the Paradox Basin, Utah, where we hold a 45,000-acre leasehold with 2P reserves of 2.6 mmboe, 2C resources of 34 mmboe and 2U resources 240 mmboe. We are developing Paradox to delineate the scale and value of the asset.
We also own a growing suite of non-operated production and near-term production assets acquired for their low-risk, high-return cash flow potential. Our non-operated had a turnover of US$42.9 million in FY 2022.
Our Assets
Balanced Portfolio
Our balanced asset base provides portfolio diversification and an asymmetrical growth potential.
Zephyr Growth Plan
Why the Rocky Mountain Basins?
Ability to deploy capital at a range of scales
Potential for profitable growth
Broad range of asset opportunities and owner types
Increases chance for deal completion
Profitable asset base
Use of technology to select the best assets and take advantage of information asymmetry
Less competition and lower acreage cost compared to the larger Permian Basin, Eagle Ford and Bakken plays
Lower entry costs improving profitability and less competition.
DJ Basin lower well costs
Improves profitability and allows the broadening of the well portfolio
Utah asset
Focused base of operations from Denver
