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SHEL Shell Plc

2,841.50
-21.50 (-0.75%)
Last Updated: 13:59:15
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -21.50 -0.75% 2,841.50 2,841.50 2,842.00 2,884.50 2,829.00 2,875.00 1,297,141 13:59:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.51 184.09B

Deltic Energy Shares Rise on Decision to Drill North Sea Prospect with Shell

29/03/2021 9:15am

Dow Jones News


Shell (LSE:SHEL)
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By Sabela Ojea

 

Shares in Deltic Energy PLC on Monday rose after the company said that it has made a positive well investment decision to drill the Pensacola prospect on license P2252 in the U.K. Southern North Sea with its joint venture partner Shell U.K. Ltd.

The London-listed energy company said Shell U.K. Ltd is the operator of the license P2252, adding that the drilling of the well on Pensacola has the potential to be transformational for Deltic.

"The drilling [...] is also a vital step in evaluating the highly prospective Zechstein reef play which in turn has the potential to revitalize exploration in the Southern North Sea," it added, noting that Shell U.K. expects the well to be drilled in May 2022.

Shares at 0740 GMT were up 0.20 pence, or 12%, at 1.88 pence.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

March 29, 2021 04:00 ET (08:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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