Deltic Energy Announces Selene Gas Discovery

Deltic Energy (GB:DELT) has released an update.

Deltic Energy has confirmed a promising gas discovery at the Selene prospect in the UK Southern North Sea, with updated estimates showing the site could yield up to 131 billion cubic feet of gas. The discovery, characterized by high-quality dry gas and improved reservoir properties, suggests a more straightforward and cost-effective development path. This enhances Deltic’s potential for significant returns, aligning with their strategic focus on subsurface expertise.

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