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Bullboard - Stock Discussion Forum Zephyr Energy Ord Shs ZPHRF

Zephyr Energy PLC is a United Kingdom-based technology-led oil and gas company. The Company is focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States. The Company’s flagship asset is an operated lease holding of over 46,000 gross acres located in the Paradox Basin, Utah. In addition to its operated assets, the Company owns... see more

OTCQB:ZPHRF - Post Discussion

Zephyr Energy Ord Shs > Interesting enough
View:
Post by Margin321 on Feb 15, 2022 8:58pm

Interesting enough

Delta Petroleum tried to produce from the oil in salt sandwiches, couldn't do it, led to BK.
Then Zephyr has held the leases for quite a few years and may have figured it out.

I might even have thought about jumping in for another run at it (I lost bif in DPTR).  But I just cannot stomach 1.5 billion shares.  Think of the profits they would need to ever get a thin dime a share in revenues with a thinner penny a share in profits.
Comment by Margin321 on Feb 15, 2022 8:59pm
I was even around when DPTR drilled the well that they sidetracked.