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UK: Deltic Energy announces farmout of five Southern North Sea licences to Cairn Energy

AIM-listed Deltic Energy has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea with Cairn Energy.

Shell UK picks Fugro for Pensacola prospect surveys

Shell UK picks Fugro for Pensacola prospect surveys May 24, 2021, by Nadja Skopljak Shell UK has selected Fugro GB North Marine to carry out geophysical and geotechnical site surveys at the Pensacola Prospect in preparation for the drilling of the exploration well. The site survey is expected to commence at the end of July and run until the third quarter of 2021. Shell is the operator of the P2252 licence which contains the Pensacola prospect with a 70 per cent interest, while Deltic Energy holds the remaining 30 per cent interest. The joint venture partners recently made a positive well investment decision to drill the high-impact Pensacola Prospect in the UK Southern North Sea next year.

UK: Shell appoints Fugro to acquire the Pensacola well-site survey, Southern North Sea

UK: Shell appoints Fugro to acquire the Pensacola well-site survey, Southern North Sea 24 May 2021 Shell, its Joint Venture Partner and Operator of Licence P2252, has appointed Pensacola Prospect in preparation for the drilling of the Pensacola exploration well. The site survey is expected to commence at the end of July 2021 and be completed in Q3 2021. Source: Deltic Energy Graham Swindells, Chief Executive of Deltic Energy, commented: The commissioning of the site survey is a key part of the well planning process and represents an important milestone as the Joint Venture continues the preparatory works required in advance of the drilling of the high impact exploration well on the Pensacola prospect. We look forward to continuing to progress through the planning phase towards drilling in May 2022.

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