Deltic Energy PLC Licence P2252-- Completion of Site Survey Programme (8727P)
22 Octubre 2021 - 1:00AM
UK Regulatory
TIDMDELT
RNS Number : 8727P
Deltic Energy PLC
22 October 2021
22 October 2021
Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural
Resources
Deltic Energy Plc ("Deltic" or 'the Company')
Licence P2252 - Completion of Site Survey Programme
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 final phase of the site
survey programme 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, on budget and without incident. Data collection
commenced on 16 October and was completed on 20 October with
demobilisation commencing shortly thereafter. Accordingly, all site
survey work is now complete.
The Pensacola exploration well remains scheduled to be spudded
in Q2 2022. Shell has also confirmed that a rig is available to
drill Pensacola.
Graham Swindells, Chief Executive of Deltic Energy,
commented:
"The successful completion of the site survey programme, which
is a key part of well planning and the final phase of preparatory
offshore activities, represents the achievement of another
important milestone in our steady progress towards drilling the
Pensacola 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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