Zephyr Energy shares climb after new Utah leases
Zephyr Energy PLC shares gained Thursday after the AIM-listed oil and gas group picked up more leases in Utah’s Paradox Basin. The deal extends a rapid land grab by the U.S. Rocky Mountain explorer that has shifted the scale of its main asset in under a week. Shares rose 7.0% to 3.66p by 1100 BST, trading on 2.75 million shares. The FTSE AIM All-Share index slipped 0.3% to 773.53 at 1101 BST.