By Jaime Llinares Taboada
Zephyr Power PLC stated Thursday that its Williston Basin belongings in North Dakota generated internet working earnings of $10.1 million within the second quarter and reiterated full-year steering.
The oil-and-gas firm stated quarterly income rose to $14.3 million from $11.5 million within the first quarter, reflecting greater gross sales volumes and deferred funds.
Zephyr reiterated full-year manufacturing and income steering for the Williston portfolio at 500,000-550,000 oil-equivalent barrels and $35 million-$40 million.
The corporate expects 30 further wells to be introduced on manufacturing by the top of the yr.
Shares at 0709 GMT have been up 1.9% at 5.40 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT