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.
56 mmboe
Net Recoverable Resources across Portfolio
3
UKCS licences
1
Commercial discovery in 2024
451km2
Total licence area
Success at Selene
The latest data from the 48/08b-3Z well has allowed a 6 month update on Selene volumetrics, with new estimated gross 2C Contingent Resources of 174Bcf. This is a 33% increase on the post drill estimates.
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.
“Subsurface expertise lies at the heart of the Deltic equity story and remains central to the strategic approach we recently laid out for the Company. In this context, the outcome of the Selene well is a good result overall and extends Deltic’s exploration success record to two from two.”
Andrew Nunn, CEO
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