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Zephyr Energy to Sell Additional Non-core Acreage in US for $2.3 Million

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Zephyr Energy (ZPHR.L) is divesting 1,837 acres of undeveloped, non-core acreage in the Powder River Basin in Wyoming, US, via two separate transactions amounting to $2.3 million.

The acreage is part of the portfolio of wells and largely undeveloped land that the oil and gas company acquired for $7.3 million in 2025, according to a Thursday filing.

The transactions follow Zephyr's previous disposals of other non-core acreage from the portfolio. Closing is expected in the week starting June 15, with the divestment taking effect on June 1.

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