Dana Petroleum joins Shell and Deltic as partner in North Sea asset
Dana Petroleum joins Shell and Deltic as partner in North Sea asset
London-based and AIM-listed natural resources investing company Deltic Energy has wrapped up the sale of a partial stake in a Shell-operated license, containing a prospect, which will be drilled this summer. As a result, Dana Petroleum, a wholly-owned subsidiary of the Korea National Oil Corporation, will participate in the hydrocarbon search, which is inching closer.
Deltic disclosed a farm-out agreement with Da...