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Responsibly exploring and developing the North Sea

Deltic Energy Plc is an AIM-listed natural resources investing company which has invested in a number of offshore oil & gas assets in the UK and is focused on realising the additional exploration potential of this proven hydrocarbon province.

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50-72 mmboe

Pensacola contingent resources


Number of licences


Wells drilling for 2024


Total licence area


Deltic has a 30% working interest in Pensacola on Licence P2252 in the Southern North Sea. In 2023, Deltic announced a significant oil and gas discovery on the licence.

Deltic estimates the Pensacola structure to contain recoverable resources of 50-72 mmboe, making it one of the most significant discoveries in the North Sea in over a decade.

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“There are hopes that Pensacola could mark the start of a ‘rejuvenation’ for the Southern North Sea, acting as a beacon for further exploration in the region.”

Energy Voice, April 2023

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