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DELT.GB Deltic Energy Plc

5.75
0.00 (0.00%)
20 Dec 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Deltic Energy Plc AQSE:DELT.GB Aquis Stock Exchange Ordinary Share GB00BNTY2N01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.75 5.00 6.50 5.75 5.75 5.75 0.00 06:59:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Deltic Energy PLC Pensacola and Selene Update (0643X)

18/12/2023 7:00am

UK Regulatory


Deltic Energy (AQSE:DELT.GB)
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From Dec 2022 to Dec 2024

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TIDMDELT

RNS Number : 0643X

Deltic Energy PLC

18 December 2023

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

18 December 2023

Deltic Energy Plc ("Deltic" or the "Company")

Pensacola and Selene Update

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration, appraisal and development portfolio focused on the Southern North Sea ("SNS"), is pleased to provide a further update on progress on Pensacola and Selene.

Pensacola

The JV has now finalised the positive well investment decision on Licence P2252 and approved the 2024 work programme and budget that allows for drilling the Pensacola appraisal well in late 2024.

Selene

Shell U.K. Ltd, the Operator of Licence P2437, has informed Deltic that the geotechnical site investigation works on the preferred surface location of the Selene exploration well has been successfully completed and the vessel has been de-mobilised from site. The results of this work will be incorporated into the operational drilling plan. The well remains on track to be drilled in Q3 of 2024.

**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 
                                                      5656 
 David Hart / Alex Brearley (Corporate Finance) 
 
   Stifel Nicolaus Europe Limited (Joint Broker)      Tel: +44 (0) 20 7710 
                                                      7600 
 Callum Stewart / Simon Mensley / Ashton 
  Clanfield 
 
   Canaccord Genuity Limited (Joint Broker)           Tel: +44 (0) 20 7523 
   Adam James                                         8000 
 Vigo Consulting (IR Adviser)                      Tel: +44 (0) 20 7390 
                                                    0230 
 Patrick d'Ancona / Finlay Thomson / Kendall 
  Hill 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

UPDFLFLFFELDLIV

(END) Dow Jones Newswires

December 18, 2023 02:00 ET (07:00 GMT)

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