Deltic Energy PLC (AIM:DELT) has told investors, in a brief statement, that they can look forward to two wells in 2024.
At the Pensacola discovery, the company highlighted that the Shell-led joint venture partnership has now "finalised the positive well investment decision" which approves the 2024 work programme and budget.
It allows the Pensacola appraisal well to be drilled in late 2024.
Meanwhile, for the Selene prospect, Shell has informed Deltic that geotechnical site investigation works have been successfully completed.
Operational drill planning is continuing and the project is on track for a well to be drilled in the third quarter of 2024, Deltic noted.