Zephyr Energy plc reported first quarter 2026 non-operated production averaged 918 barrels of oil equivalent per day, exceeding forecasts despite natural decline, with 71% being oil. The company's portfolio, diversified across multiple states and operators, generated strong cash flow in Q1, boosted by higher commodity prices and a US$1 million bad debt recovery. Additionally, Zephyr has extended the expiry date of broker warrants and contractor warrants from June 12, 2026, to June 12, 2027, with all other terms remaining unchanged.
