Following the granting of the 32nd round licence awards in September 2020, Deltic has greatly strengthened its presence in the prolific Carboniferous/Zechstein fairway towards the northern margin of the Southern North Sea (SNS) Basin. Deltic’s acreage position is now among the largest in the zone and is also highly prospective. The company has just released its estimate of the prospective resources for licence P2567 which includes the promising Cadence prospect. P50 gross resources for the licen ....
01 Dec 2020
Risked resource upgrade
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Deltic Energy Plc (DELT:LON) | 39.0 -0.2 (-1.3%) | Mkt Cap: 36.3m
- Published:
01 Dec 2020 -
Author:
Peter J Dupont -
Pages:
3
Following the granting of the 32nd round licence awards in September 2020, Deltic has greatly strengthened its presence in the prolific Carboniferous/Zechstein fairway towards the northern margin of the Southern North Sea (SNS) Basin. Deltic’s acreage position is now among the largest in the zone and is also highly prospective. The company has just released its estimate of the prospective resources for licence P2567 which includes the promising Cadence prospect. P50 gross resources for the licen ....