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Deltic Energy Secures Acreage in Area South of Breagh Gas Field

Gasoil News - Published on Tue, 22 Sep 2020

Image Source: Deltic Energy Breagh Gas Field
Deltic Energy is awarded acreage in the underexplored area to the south of the Breagh gas field and our existing licence P2424 where the Cortez prospect is currently being worked on. This is a proven gas bearing area with a limited number of well penetrations and a mixture of 2D and 3D seismic data of varying vintage and quality which will respond well to modern reprocessing. The Company believes this area has significant potential, with multiple leads mapped as part of the application process in the Carboniferous with additional upside in the Zechstein and the Leman Sandstone in the southern-most blocks. Given the hard-won knowledge and experience gained from working in this area for a number of years, the Company is uniquely positioned to reinvigorate interest in this underexplored and overlooked area.

All blocks awarded to the Company in the core area, in particular those located to the north of the Pegasus / Andromeda areas, were the subject of competing applications, which highlights the industry's increasing focus on the SNS and gas.

Geological interpretation work continues on the reprocessed seismic data over the Cupertino licence (P2428) with prospects being defined in the Carboniferous, Zechstein Reefs and a potential analogue to the Cygnus field, the largest single producing gas field in the UK, in the

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Posted By : Yogender Pancholi on Tue, 22 Sep 2020
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