Hot off its Southern North Sea success with Shell, Deltic Energy (AIM: DELT) said it is progressing plans for a farm out deal on its “drill-ready” Syros prospect by the end of this year.
Deltic Energy (AIM: DELT) is mulling a farm-down of its stake in a pair of Shell-operated (LON: SHEL) North Sea targets and have received “a considerable level of interest”.
Shell has delivered new seismic data on the Pensacola prospect in the North Sea, with partner Deltic Energy claiming it is “highly analogous” to a discovery which struck oil last year.
Cluff Natural Resources (CLNR) has said it is “fully committed” to drilling a Shell-partnered North Sea prospect next year, however another is expected to be delayed to 2022.
Pre-tax losses widened at Cluff Natural Resources (CLNR) in a first-half marked by flagship deals with energy giant Shell on its southern North Sea licences.