I believe they still have a number of licences in Gainsborough Trough with 100% ownership. And of the farm outs, they still have 75% ownership. This is THE sweet spot for UK shale based on what we know so far, and DTE has a big chunk of it.
Article ends with a map showing DTE 100% owner licences post GDF and Total deals.
PEDL 209 is another small one just to the east of 139 and 140. DTE has a 100% owned licence just to the north of PEDL 139 140 which could be equally attractive to Total, as well as huge licences to the north east of 139 140 (similar size to what GDF farmed into) with 100% ownership.
DTE Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held
