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Zephyr Energy advances Paradox project with expanded gas-processing capacity plans.

Market News
24 Aug 2026
Proactive Investors
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Bullish
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Zephyr Energy has approved further engineering and well work at its Paradox project in Utah to increase initial gas-processing capacity to 15 million standard cubic feet per day, tripling the original 5 mmscf/d plan. This expansion is funded from existing cash and runs alongside Enbridge's regulatory process to increase pipeline operating pressures. Initial gas volumes will come from two wells, with detailed engineering for a modular processing system underway. Regulatory approval remains pending but is expected to be satisfactory, while Zephyr also explores farm-out discussions and a $15 million commodity purchase agreement.

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