Partner Deltic Energy saw its share price rocket by 50% on the news.
Reabold Resources has confirmed the completion of its acquisition of Simwell Resources, a privately held explorer with several southern North Sea licences.
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.
Bosses at Reabold Resources (LON: RBD) have pleaded with shareholders to “stick with” them ahead of a crunch vote next week.
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.
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 Resources has announced a conditional offer to acquire Simwell Resources, a privately held explorer with several licences across the southern North Sea.
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 the North Sea’s limited exploration well roster delivers a series of disappointing results, are there any promising plays left in E&P hoppers?
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.
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.
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.
Westwood Global Energy reports that as of 29 November there was one appraisal well and three exploration wells active in the UK.
Deltic Energy and Shell have reached what they describe as an “important milestone” ahead of drilling the Pensacola North Sea prospect.
Deltic Energy and Shell have completed geophysical site surveying at the planned Pensacola exploration well in the southern North Sea.
The chairman of Deltic Energy has underscored the need for domestic natural gas supply in the UK in order to meet net zero.