CLNR has the potential for extremely influential news flow in 2020 which will likely be a prelude to near-term drilling on the two Shell joint ventures. In the first half we believe a drilling decision is likely on the Selene prospect in the heart of the Southern North Sea (SNS) gas basin. We continue to believe Selene will ultimately be drilled in Q4 2020 or Q1 2021. There is also the real possibility in the coming months of a farm-out on the highly promising Dewar liquids prospect in the Ce
20 Jan 2020
Major news flow potential
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Major news flow potential
Deltic Energy Plc (DELT:LON) | 39.2 0 0.0% | Mkt Cap: 36.5m
- Published:
20 Jan 2020 -
Author:
Peter J Dupont -
Pages:
4
CLNR has the potential for extremely influential news flow in 2020 which will likely be a prelude to near-term drilling on the two Shell joint ventures. In the first half we believe a drilling decision is likely on the Selene prospect in the heart of the Southern North Sea (SNS) gas basin. We continue to believe Selene will ultimately be drilled in Q4 2020 or Q1 2021. There is also the real possibility in the coming months of a farm-out on the highly promising Dewar liquids prospect in the Ce