Shell hands back licence next to major Pensacola find – in blow for Reabold
Shell (LON: SHEL) has given up on a Southern North Sea prospect, despite it being located directly next to the region’s largest find in a decade.
Pensacola
Deltic shares soar on ‘significant’ Pensacola resource upgrade
Shares in London-listed Deltic, holder of 30% of the licence, soared in mid-morning trading as investors reacted to the news.
Exploration: As Norway unveils major oil and gas discovery, UK ‘lags far behind’
Norway has had a run of oil and gas exploration discovery success which has served to underline the lack thereof for its UK neighbour.
Still the wells to watch? A half-year look at North Sea exploration
Skerryvore is slated for 2024, the Devil’s Hole is on the way, the Bens disappoint, but there’s been some high-impact success too.
‘Perennial issue’ as North Sea explorers over-hype their prospects
There's been numerous cases over the last decade in UK North Sea exploration where company estimates have been way off the mark.
Shell and Deltic looks for ‘similar sized prospect to Pensacola’ for next summer
Deltic Energy (LON: DELT) looks to drill a "similar sized prospect to Pensacola in the summer of 2024".
Deltic: Pensacola will breathe new life into Southern North Sea’s ageing legs
As far as discoveries go, uncovering over 300 billion cubic feet (bcf) of gas and the decade’s largest find isn’t half bad in an increasingly wizened basin.
UK well-slot: Trio of wells in action in the North Sea
As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
Hot on Shell discovery, Deltic seeks partners on next North Sea target
Hot on the heels of the largest discovery in a decade for the Southern sector, Deltic Energy (LON: DELT) is seeking partners of its next North Sea prospect.
Horizon targeting 200m barrel North Sea play following nearby Shell success
Horizon Energy Partners is making the most of the current Southern North Sea buzz, following Shell’s (LON: SHEL) milestone success in the region.
Shell Pensacola discovery opens ‘new play fairway’ in North Sea
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
Shell hits region’s largest gas find in a decade at Pensacola
Deltic Energy has reported a significant gas and oil discovery at the Shell-operated Pensacola prospect in the Southern North Sea.
UK well slot – All eyes on Alwyn
As of 27 January, Westwood Global Energy reports that there are three exploration wells active, with one in the NNS, one in the CNS and one in the SNS. Since the previous report, one well has completed at North Eigg and one appraisal well completed at Isabella.
Shell gas find ‘fantastic news’ for southern North Sea exploration
A gas find from Shell (LON: SHEL) and Deltic Energy (LON: DELT) could prove very positive for other players with exploration targets in the Southern North Sea.
Shell finds gas at hotly-tipped North Sea well Pensacola
Partner Deltic Energy saw its share price rocket by 50% on the news.
Reabold completes £1m Simwell acquisition
Reabold Resources has confirmed the completion of its acquisition of Simwell Resources, a privately held explorer with several southern North Sea licences.
WoodMac names five UK North Sea wells to watch for 2023, with potential play-openers included
Plays by Shell (LON: SHEL), TotalEnergies (LON: TTE) and Ithaca Energy (LON: ITH) are listed amongst Wood Mackenzie’s UK North Sea wells to watch.
‘Very exciting times’: Crucial Shell and Deltic exploration well ‘imminent’
A key exploration well from Shell (LON: SHEL) and Deltic (LON: DELT), which could open up a dozen other licences in the Southern North Sea, is “imminent”.
Reabold shareholders vote to stick with company’s board
Shareholders in Reabold Resources have put their faith in the North Sea firm’s board to deliver on their promises, snubbing an attempt to replace them.
Reabold bosses pledge to ‘start addressing’ low share price ahead of crunch vote
Bosses at Reabold Resources (LON: RBD) have pleaded with shareholders to “stick with” them ahead of a crunch vote next week.
Reabold to farm into Shell North Sea licence near Pensacola target
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.
Well-Slot: Trio of active exploration wells in the UK
As of 26 September, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. Two appraisal wells are currently active in the CNS. One well completed at Diadem.
Reabold to buy SNS-focused Simwell for £1m
Reabold Resources has announced a conditional offer to acquire Simwell Resources, a privately held explorer with several licences across the southern North Sea.
North Sea firm Deltic aiming to raise £15m to cover costs and fund investment
London-listed Deltic Energy (LON: DELT) has announced plans to carry out a fundraise in order to support its ongoing and future activities.
Shell North Sea gas prospect dubbed a ‘key’ well to watch by Westwood
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.