Deltic Energy’s recent operational update, importantly, confirms the commitment of its JV partner, Shell, to drill the promising Pensacola and Selene prospects in the SNS (Southern North Sea) gas basin. Drilling the former now appears likely in the second half of 2021 and will be followed by Selene in mid-2022. Significantly, we expect major news flow over the next three months or so. This will relate to the results of the 3-D seismic shot on Pensacola by Shell in August 2019, a possibl
22 Jun 2020
Deltic confirms Shell’s well commitments
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Deltic confirms Shell’s well commitments
Deltic Energy Plc (DELT:LON) | 39.0 0 0.0% | Mkt Cap: 36.3m
- Published:
22 Jun 2020 -
Author:
Peter J Dupont -
Pages:
8
Deltic Energy’s recent operational update, importantly, confirms the commitment of its JV partner, Shell, to drill the promising Pensacola and Selene prospects in the SNS (Southern North Sea) gas basin. Drilling the former now appears likely in the second half of 2021 and will be followed by Selene in mid-2022. Significantly, we expect major news flow over the next three months or so. This will relate to the results of the 3-D seismic shot on Pensacola by Shell in August 2019, a possibl