Deltic Energy PLC (AIM:DELT) P2437 – Site Survey Vessel Mobilisation

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, has been informed by the Licence Operator, Shell U.K. Ltd (or “Shell”), that site survey works associated with the Selene exploration well location have commenced.

Shell has confirmed that a geophysical site survey vessel has been mobilised to acquire high resolution 2D seismic lines over the proposed well location.  The seismic acquisition is expected to be completed before the end of August.  The data  acquired will then be used to inform the geotechnical survey which will further assist in determining exact location and placement of the rig.

Graham Swindells, Chief Executive of Deltic Energy, commented:    

“The commencement of the site survey on Selene is another important step on the path to drilling this high impact, low risk prospect in the Southern North Sea.  We are looking forward to working with Shell as we continue to progress the well design prior to the scheduled drilling operations in mid-2024.”

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