CLNR has made impressive progress in 2019 technically, strategically and financially in advancing the commercialisation of its Southern (SNS) and Central North Sea (CNS) asset portfolio. The key developments have been the farm-outs to Shell of P2252 and P2437 in the SNS, the initiation of the P2352 farm-out process in the CNS and the recent £15m gross raise that secures development funding through 2021. CLNR is at a potentially transformational stage in its development. Over the coming
16 Sep 2019
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Deltic Energy Plc (DELT:LON) | 39.5 0 0.0% | Mkt Cap: 36.8m
- Published:
16 Sep 2019 -
Author:
Peter J Dupont -
Pages:
10
CLNR has made impressive progress in 2019 technically, strategically and financially in advancing the commercialisation of its Southern (SNS) and Central North Sea (CNS) asset portfolio. The key developments have been the farm-outs to Shell of P2252 and P2437 in the SNS, the initiation of the P2352 farm-out process in the CNS and the recent £15m gross raise that secures development funding through 2021. CLNR is at a potentially transformational stage in its development. Over the coming