CLNR has substantially increased its resource base stemming from the UKCS 3Oth Licensing Round and has gained some highly prospective acreage in the Southern (SNS) and Central North Sea (CNS) basins. Risked resources in the SNS have approximately doubled. For the first time CLNR has entered the Permian play zone in the heart of the SNS and significantly has emerged as the third largest acreage holder in the Carboniferous zone which hosts the large scale Breagh and Cygnus gas-fields. As noted in ....
11 Jun 2018
Resource Base Doubled
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Resource Base Doubled
Deltic Energy Plc (DELT:LON) | 39.0 0 0.0% | Mkt Cap: 36.3m
- Published:
11 Jun 2018 -
Author:
Peter J Dupont -
Pages:
20
CLNR has substantially increased its resource base stemming from the UKCS 3Oth Licensing Round and has gained some highly prospective acreage in the Southern (SNS) and Central North Sea (CNS) basins. Risked resources in the SNS have approximately doubled. For the first time CLNR has entered the Permian play zone in the heart of the SNS and significantly has emerged as the third largest acreage holder in the Carboniferous zone which hosts the large scale Breagh and Cygnus gas-fields. As noted in ....