Partner Deltic Energy saw its share price rocket by 50% on the news.
Drilling operations have begun at an eagerly awaited gas prospect that could open up part of the Southern North Sea.
Reabold Resources (LON: RBD) has announced plans to farm-in to a Shell North Sea licence near the hotly-tipped Pensacola prospect to be drilled next month.
London-listed oil and gas firm Deltic Energy has announced the results of a planned fundraiser.
Reabold Resources has announced a conditional offer to acquire Simwell Resources, a privately held explorer with several licences across the southern North Sea.
Deltic Energy (LON: DELT) has successfully raised £15 million to finance its ongoing operations, as well as further North Sea exploration.
A Shell (LON:SHEL) exploration target in the North Sea has been named among Westwood Global Energy Group’s ‘key wells to watch’ for the rest of 2022.
As of 25 July, Westwood Global Energy reports that there are three exploration wells active, with two in the CNS and one in the NNS.
As of 23 June, Westwood Global Energy reports that there is one exploration well active in the CNS. One appraisal well in the NNS was completed as an oil producer well since the last report.
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have gone with a Maersk Drilling rig for their Pensacola exploration target in the UK North Sea.
Shell and Deltic Energy have set out development options and a date for drilling a high-impact exploration target in the North Sea.
Shell and Deltic Energy will press ahead with drilling a major North Sea gas exploration target later this year.
An outfit of North Sea experts is seeking to sell off discoveries which it says ConocoPhillips should “never have relinquished”.
Years have passed since the last exploration well was drilled in the Southern North Sea, and Deltic Energy is hoping to lead a fresh wave of activity.
The Shell Jaws well in the North Sea has proved unsuccessful, partner Capricorn Energy has announced.
Speakers from Shell and Deltic Energy are among those taking part in an Aberdeen University energy transition discussion later this month.
As of 28 February, Westwood Global Energy reports that there is one exploration well and one appraisal well active in the UK. One exploration well completed since the start of the year.
Deltic Energy (LON: DELT) has announced the completion of a 3D seismic survey at one of its key North Sea prospects.
Deltic Energy has completed its farm out of five North Sea gas licences to Cairn Energy.
Deltic Energy and Shell have reached what they describe as an “important milestone” ahead of drilling the Pensacola North Sea prospect.