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IN BRIEF: Deltic Energy's Pensacola on track for 2022 spudding

22nd Oct 2021 14:02

Deltic Energy PLC - natural resources investing company - Completes final phase of site survey programme at portfolio in the Southern North Sea at the planned Pensacola exploration well location on Licence P2252.

Notes the Pensacola exploration well remains scheduled to be spudded in the second quarter of 2022. Partner Shell UK Ltd confirms that a rig is available to drill Pensacola.

Deltic Chief Executive Graham Swindells says: "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."

Current stock price: 2.55 pence

Year-to-date change: up 89%

By Paul McGowan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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