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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.

Quick facts: Deltic Energy PLC

Price: 1.775 GBX

Market: AIM
Market Cap: £24.96 m

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Deltic Energy announce Shell UK has reiterated commitment to drilling of...

Deltic Energy's (LON:DELT) Graham Swindells talks to Proactive London about their JV Partner Shell reiterating their commitment to drilling the highly prospective Pensacola prospect. Swindells makes it clear that the Pensacola well remains on schedule for drilling in 2021, with the well...

on 5/11/20

2 min read