Deltic Energy PLC Licence P2252 -- Completion of Site Survey (2133M)
20 Septiembre 2021 - 01:00AM
UK Regulatory
TIDMDELT
RNS Number : 2133M
Deltic Energy PLC
20 September 2021
20 September 2021
Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural
Resources
Deltic Energy Plc ("Deltic" or 'the Company')
Licence P2252 - Completion of Site Survey
Deltic Energy Plc, the AIM quoted natural resources investing
company with a high impact, natural gas focussed exploration and
appraisal portfolio in the Southern North Sea, is pleased to
announce that the Company and its Operating Partner, Shell U.K.
Limited ("Shell"), have completed the geophysical site survey over
the planned Pensacola exploration well location on Licence P2252 in
the Southern North Sea.
The survey, conducted by Fugro GB North Marine Limited, was
completed on time and without incident. Data collection commenced
on 8 September and was completed on 14 September with
demobilisation commencing shortly thereafter. The results of this
initial phase of the survey will be interpreted and, if required, a
second geotechnical phase incorporating the collection of samples
from the seabed will be undertaken before the end of the year.
Graham Swindells, Chief Executive of Deltic Energy,
commented:
"The completion of the site survey on Pensacola is a key part of
the well planning process and represents another important
milestone as the Deltic-Shell JV continues the preparatory works in
advance of drilling. We look forward to progressing through the
planning phase as we get closer to drilling this high impact
prospect."
**ENDS**
For further information please contact the following:
Deltic Energy Plc Tel: +44 (0) 20 7887
2630
Graham Swindells / Andrew Nunn / Sarah McLeod
Allenby Capital Limited (Nominated Adviser Tel: +44 (0) 20 3328
& Joint Broker) 5656
David Hart / Alex Brearley (Corporate Finance)
Kelly Gardiner (Sales and Corporate Broking)
Stifel Nicolaus Europe Limited (Joint Broker) Tel: +44 (0) 20 7710
7600
Callum Stewart / Simon Mensley / Ashton
Clanfield
Vigo Consulting (IR & PR Adviser) Tel: +44 (0) 20 7390
0230
Patrick d'Ancona / Chris McMahon / Oliver
Clark
Notes to Editors
Deltic has created a strategically located portfolio of
high-quality gas exploration licences in the Southern North Sea
over several licensing rounds. These licences are located in areas
that have been underexplored despite significant discoveries such
as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on
to be developed and could provide ready access to export
infrastructure for future developments on Deltic's licence
acreage.
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END
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