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Deltic Energy doubles number of licenses in portfolio with six new deals

Deltic Energy PLC's (LON:DELT) Graham Swindells speaks to Proactive London after landing six awards in the UK government’s latest offshore licensing round. These provisionally awarded 6 new licences nearly doubles the number of licences in the portfolio from 7 to 13. One of the six awards is in tandem with existing exploration partner Shell, with Deltic holding 30% and Shell owning 70%. The other five are 100% held by Deltic.

Quick facts: Deltic Energy PLC

Price: 1.7 GBX

AIM:DELT
Market: AIM
Market Cap: £23.9 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