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.
99 mmboe
Net Prospective Resources across Portfolio
5
Number of licences
1
Well drilling in 2024
924km2
Total licence area
Selene
Deltic has a 25% working interest in Selene on Licence P2437, in the Southern North Sea. In 2024, Deltic farmed down 25% to Dana Petroleum prior to the drilling of the 48/08b-3 well, which will take place in Q3 2024.
Deltic estimates the Selene structure to contain recoverable resources of 318BCF, making it one of the largest missed pay opportunities in the UK SNS.
“This will be the first exploration well spudded on the UKCS in 2024 and is an equally important milestone for Deltic. The Selene prospect is a high impact infrastructure-led exploration opportunity which demonstrates the strength and depth of the portfolio that we have built over the last few years.
Graham Swindells, CEO
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