Deltic Energy (GB:DELT) has released an update.
Deltic Energy has announced that the Selene prospect in the UK Southern North Sea is progressing into the second term of its license, following a successful drilling operation within budget. The company is now focusing on post-well analysis and development planning, anticipating a significant economic return with a post-tax NPV10 of $61 million. This advancement highlights the promising potential of the Selene discovery and positions Deltic for future growth in the natural resources sector.
For further insights into GB:DELT stock, check out TipRanks’ Stock Analysis page.
