Deltic Energy Advances Selene Project with Promising Returns

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.

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