Deltic Energy Plc is an AIM-listed natural resources investing company which has invested in a number of offshore oil & gas assets in the UK and is focused on realising the additional exploration potential of this proven hydrocarbon province.
50-72 mmboe
Pensacola contingent resources
5
Number of licences
2
Wells drilling for 2024
880km2
Total licence area
Pensacola
Deltic has a 30% working interest in Pensacola on Licence P2252 in the Southern North Sea. In 2023, Deltic announced a significant oil and gas discovery on the licence.
Deltic estimates the Pensacola structure to contain recoverable resources of 50-72 mmboe, making it one of the most significant discoveries in the North Sea in over a decade.
“There are hopes that Pensacola could mark the start of a ‘rejuvenation’ for the Southern North Sea, acting as a beacon for further exploration in the region.”
Energy Voice, April 2023
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