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Celtique to Delay Shale Drilling in South England to Summer 2015

Celtique Energie Ltd., a shale explorer, delayed drilling at a well in southern England by three to six months while it gets planning permission.

The new target to start work at the Fernhurst site is summer 2015, the London-based company said today in an emailed response to questions. Celtique, whose partner in southern England licenses is Magellan Petroleum Corp. of the U.S., had planned to start drilling in the fourth quarter of this year at the earliest, it said.