Egdon Resources plc today said that Shell UK Ltd intended to withdraw from licences P1929 and P2304 containing the Resolution and Endeavour gas discoveries. OPTIONS The two companies signed the farm-in agreement in August 2020. Egdon added it would now consider its options, including its ongoing commitment to the licences. The company will hold discussions with […]
Tag: Shell UK Ltd
Deltic-Shell complete Pensacola well site survey
Deltic Energy plc and partner Shell UK Ltd have completed the final phase of the site survey over the planned location for the Pensacola gas exploration well in the southern North Sea. DRILL The survey on licence P2252 was completed by 20 October, on budget and without incident. Deltic said that operator Shell had confirmed […]
Deltic JV completes Pensacola geophysics survey
Deltic Energy plc and its partner have completed the geophysical site survey over the planned Pensacola gas exploration well site in the southern North Sea. PROGRESS Fugro GB North Marine Ltd, for Deltic and operator Shell UK Ltd, began the survey within licence P2252 on 8 September and finished on 14 September. Interpretation of results […]
Deltic-Shell award Pensacola survey contract
Deltic Energy plc and partner Shell UK Ltd have awarded the contract for geophysical and geotechnical site survey works over the Pensacola prospect in the UK southern North Sea. RESOURCE Fugro GB North Marine Ltd will begin the work on licence P2252 at the end of July and finish during Q3 in preparation for the […]
Deltic makes technical progresses on gas licences
Deltic Energy plc remained debt free during 2020 while making technical progress with its gas licences in the southern and central North Sea. OPERATIONS Results ended 31 December 2020 showed a decrease in the company’s cash position to £12m (2019: £13.8m). The company’s intangible assets rose to £1,430,915 (2019: £1,127,942) reflecting the development of its exploration portfolio. Work […]
Deltic-Shell to drill Pensacola gas prospect
Deltic Energy plc and joint venture partner Shell UK Ltd have decided to begin drilling in May on the Pensacola prospect in the UK southern North Sea (SNS). TECHNICAL The company said that the investment decision could transform the company and was a “vital step” in evaluating the Zechstein Reef play which in turn could […]