Zephyr Energy plc announced the commencement of the well production test on the State 36-2R LNW-CC well (the well) at the Company's project in the Paradox Basin, Utah (the "Paradox project"). The well is currently flowing both natural gas and condensate, and the Company is encouraged by initial results. Over the next two weeks, the well will be flowed and production tested to more rigorously determine the reservoir pressure, fluid composition, well flow rate and bulk reservoir permeability, and to deliver an early estimate of the overall potential recoverable resources.

Zephyr intends to announce initial results and analysis as soon as possible at the end of this two-week period, assuming no unexpected delays to the production test programme.