Deltic Energy Announces Completion of Site Survey Program of License P2252

Source: 10/22/2021, Location: Europe

Deltic Energy Plc, is pleased to announce that the Company and its Operating Partner, Shell U.K. Limited (Shell), have completed the final phase of the site survey programme over the planned Pensacola exploration well location on Licence P2252 in the Southern North Sea.

The survey, conducted by Fugro GB North Marine Limited, was completed on time, on budget and without incident. Data collection commenced on 16 October and was completed on 20 October with demobilization commencing shortly thereafter. Accordingly, all site survey work is now complete.

The Pensacola exploration well remains scheduled to be spudded in Q2 2022. Shell has also confirmed that a rig is available to drill Pensacola.

Graham Swindells, Chief Executive of Deltic Energy, commented:

"The successful completion of the site survey programme, which is a key part of well planning and the final phase of preparatory offshore activities, represents the achievement of another important milestone in our steady progress towards drilling the Pensacola prospect."

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