Shell's North Sea Selene well 'continues to impress' Deltic

Shell's North Sea Selene well 'continues to impress' Deltic

A North Sea well operated by Shell has had a "material uplift in recoverable gas volumes" reported by partner Deltic Energy. Deltic, which holds a 25% A North Sea well operated by Shell has had a "material uplift in recoverable gas volumes" reported by partner Deltic Energy.

AIM movers: Deltic Energy reports higher Selene gas resources and tough trading for Billington, but order book strong

North Sea gas project developer Deltic Energy (LON: DELT) says estimates of gross 2C contingent resources at the Selene gas project, where Deltic Energy has a 25% interest, increased by one-third to 174bcf and its share of post-tax NPV10 estimate is $83m met at 80p/therm. Modelling suggests enhanced production potential from the B-sand interval. A […] The post AIM movers: Deltic Energy reports higher Selene gas resources and tough trading for Bi…