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Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) is making steady progress at its Paradox Basin project in Utah, according to broker Panmure Liberum, but those holding out for clear timelines may have to wait a bit longer. In a research note, Panmure said the company has begun early work on a gas processing plant and pipeline infrastructure, aiming to unlock value from its State 36-2 well, the centrepiece of its development plans.
