Williston Basin
We continue to deliver on our strategy to acquire working interest positions in value accretive, high quality, high-margin production assets with significant near-term growth potential in the Williston Basin
Zephyr Energy owns working interests in a broad portfolio of non-operated producing wells in the core of the Williston Basin in North Dakota and Montana.
Portfolio construction began in March 2021, during a period of significantly lower commodity prices. The Williston portfolio currently consists of working-interests in over 200 modern horizontal wells which provided a turnover of US$42.9, net to Zephyr, in 2022. Cash flow from the Williston production will be used to fund the planned Paradox Basin development.
Asset Overview
- Proven acquisition track record
- Working with top-tier operators
- High-margin oil production
- Large PDP component with strong cash flows
- Primary operators are Chord Energy (Whiting + Oasis) and Continental Resources
- Primary reservoir targets are the Middle Bakken and the Upper Three Forks
- Demonstrated growth potential – through acquisition and drilling
