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AIM:DELTFRA:7RC
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Deltic Energy confirm positive well investment decision from Shell to test Pensacola prospect

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.

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Price: 2 GBX

Market Cap: £28.12 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