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IN BRIEF: Deltic Energy Confirms Drilling Schedule At P2252 Licence

Fri, 06th Nov 2020 21:08

Deltic Energy PLC - natural resources investing company - Says that Shell UK, the operator of licence P2252, has reiterated to Deltic and the UK Oil & Gas Authority, its plan to drill the high impact, play opening Pensacola prospect on licence P2252 and that it remains scheduled to be drilled in the final quarter 2021. The company notes that Covid-19 has impacted the work schedule of the seismic processing. Deltic says a significant amount of technical work has been and continues to be undertaken by the Shell/Deltic joint venture.

Current stock price: 0.85 pence

Year-to-date change: down 44%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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