Deltic Energy PLC's Graham Swindells joins Proactive London to explain their deal with Shell UK Ltd to drill the high impact Pensacola prospect on Licence P2252 in the UK Southern North Sea.
Swindells says this is 'fantastic news both for our company and our shareholders and it's testament to our technical team to bring this prospect to fruition'.
Shell and Deltic have confirmed to The Oil and Gas Authority the contingent well commitment is now firm.