Deltic Energy and Shell on-track to spud Pensacola well in Q2 2022
The venture has reached another important milestone towards the 2022 well programme, highlighted chief executive Graham Swindells
Company
Deltic Energy PLC
LON:DELT
Deltic Energy PLC is a natural resources investing company with a high impact exploration and development portfolio focused on the Southern North Sea. The company aims to identify high-value exploration assets at a very early stage and bring them to fruition.
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Deltic Energy and Shell complete well site survey in North Sea
“We look forward to progressing through the planning phase as we get closer to drilling this high impact prospect," said chief executive Graham Swindells
Proactive Oil & Gas highlights: Deltic Energy, Union Jack, Tullow Oil
It was a quieter week in the small cap oil and gas sector.
Deltic Energy extremely pleased with progress in North Sea
“The next twelve months are set to be an exciting time for our company," Graham Swindells said
Deltic Energy set for seismic start as Cairn venture advances
The programme is due to get underway in the North Sea tomorrow
Deltic Energy lands exploration partnership with Cairn Energy
“The partnership will result in a significant investment across multiple licences within Deltic's strategic Southern North Sea gas exploration portfolio," said CEO Graham Swindells
Deltic Energy eyes July well-site survey for Pensacola
"The commissioning of the site survey is a key part of the well planning process and represents an important milestone," said Graham Swindells
Deltic Energy highlights significant progress as gas-focussed exploration projects advance
"Over the last year, we have continued to make significant progress in advancing our existing licence portfolio and both materially expanding and diversifying the overall asset base," said Graham Swindells.
Deltic Energy tipped to rise 57% as Shell greenlights Pensacola well
“Confirmation of a positive well investment decision from Shell to test the Pensacola prospect is a very welcome outcome," says Stifel.
Deltic Energy and Shell UK give green light to drilling at Pensacola
It's expected that the well will be drilled in May 2022
Deltic Energy shares in demand as Sneller increases stake
Investor Richard Sneller has increased his stake in the company to over 10%.
Deltic Energy firmly focused on North Sea opportunities
Shell is committed to drill at least two high impact wells in the coming years
Deltic Energy confirms formal award of new North Sea licences
“We are now commencing work to progress the many opportunities on these exciting new licences," said chief executive Graham Swindells
Deltic Energy sees three commercial scale prospects in Cupertino exploration area
The North Sea firm is now turning its efforts to finding and selecting the best partner to advance the asset
Deltic Energy partner Shell has repeated commitment to drill
"I am very happy to report Shell's continued commitment to explore for gas with us at the high impact Pensacolap prospect," aid Graham Swindells, Deltic chief executive
Deltic Energy says IOG approach was not in shareholders’ best interest
“During this latest offer period, the company had discussions with certain of its key shareholders who expressed their continued support for the company," Deltic noted.
Independent Oil and Gas confirms it will not make an offer for Deltic Energy
IOG is focusing on its own asset portfolio from which it is on-track for first gas production in 2021
Deltic Energy says recent acreage expansion marks “another major milestone”
A broader portfolio highlighted that the Cadence prospect, estimated at nearly 600mln barrels, could potentially be 'fast-tracked' to drilling - subject to a farm-out
Proactive weekly oil and gas highlights: Deltic, United Oil & Gas, Jersey, DGOC, Sound, Mosman, 88 Energy, Zephyr, Tower Resources
It was a busy week in AIM's oil and gas sector, especially for those in the North Sea.
Deltic Energy shares could be worth 13.7p as North Sea exploration advances - Allenby
“We see scope for positive news flow over the next few months," Allenby said.