Deltic is a natural resources investor and a company with a high-impact exploration and appraisal portfolio focused on the Southern North Sea.
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Deltic Energy Plc is an AIM-listed North Sea E&P company focused on derisking and investing in high-impact and low-carbon exploration opportunities, which are close to existing infrastructure and offshoreinstallations in the UK’s proven hydrocarbon basins.
Deltic Energy has withdrawn from the Shell-operated license P2252 in the UK southern North Sea, containing last year’s Pensacola oil and gas discovery.
Shell has given Deltic Energy until June 12 to continue discussions with potential counter-parties concerning license P2252 and the 2023 Pensacola gas discovery.
Deltic Energy has run into difficulties with the farm-out process for its share in the Shell-operated Pensacola gas/oil discovery in the UK southern North Sea.
Shell UK has confirmed that a rig contract has been signed with Valaris for the drilling of both the Selene exploration well and the Pensacola appraisal well.
Deltic Energy has provisionally been offered two licenses over three blocks in the central UK North Sea, under Tranche 2 of Britain’s 33rd Offshore Licensing Round.
Shell UK and partner Deltic Energy have approved a work program and budget for the planned Pensacola appraisal well in license P2252 in the UK southern North Sea.
Deltic Energy has upped its estimate of oil and gas resources for the Shell-operated Pensacola discovery on license P2252 in the UK southern North Sea, based on post-well analysis...
