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AIM:DELTFRA:7RC
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Deltic Energy looking ahead to further farmouts and says Shell still committed to drilling next year

Graham Swindells, CEO of Deltic Energy PLC (LON:CLNR), formerly Cluff Natural Resources, tells Proactive's Andrew Scott they're fully committed alongside partner Shell to drill the Pensacola and Selene prospects which is expected to begin in the second half of next year.

Swindells adds that they've been continuing to work on its other prospects which he says are already attracting 'encouraging' early interest and he's looking to kick off the farm-out process on a further two of them this year.

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AIM:DELT

Price: 2.0595 GBX

Market Cap: £28.96 m

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Deltic Energy present details of farm-out deal with Cairn Energy PLC and how...

Graham Swindells, CEO of Deltic Energy PLC (AIM:DELT) (LON:CLNR) explains to Proactive London how the company will benefit from a farm-out deal with Cairn Energy PLC (LSE:CNE) (LSE:CNE) (LSE:CNE) for five licences in the Southern North Sea. Cairn will acquire between 60% and 70% of the...

on 18/8/21

2 min read