CLNR’s recent operational update points to significant progress in advancing to drilling its two leading prospects, Pensacola and Selene, in the Southern North Sea (SNS) Basin. We believe Selene is likely to be drilled in Q4 2020 or Q1 2021 and Pensacola in Q4 2021. Shell, the operator of Pensacola, is likely to make a well decision on the prospect by end November 2020. The reported ONE-Dyas hydrocarbons discovery at its Darach Central-1 well has positive implications for Pensacola abou
26 Nov 2019
Progress towards drilling
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Progress towards drilling
Deltic Energy Plc (DELT:LON) | 39.5 0 0.0% | Mkt Cap: 36.8m
- Published:
26 Nov 2019 -
Author:
Peter J Dupont -
Pages:
4
CLNR’s recent operational update points to significant progress in advancing to drilling its two leading prospects, Pensacola and Selene, in the Southern North Sea (SNS) Basin. We believe Selene is likely to be drilled in Q4 2020 or Q1 2021 and Pensacola in Q4 2021. Shell, the operator of Pensacola, is likely to make a well decision on the prospect by end November 2020. The reported ONE-Dyas hydrocarbons discovery at its Darach Central-1 well has positive implications for Pensacola abou