Deltic Energy believes it has “the next Cygnus” on its hands as it eyes a farm-out of a promising North Sea prospect in the coming months.
Cluff Natural Resources
The newly-branded Deltic Energy, formerly Cluff Natural Resources, is using the current “window of opportunity” to eye up potential deals as far afield as the Dutch North Sea.
Cluff Natural Resources (CLNR) has said it is “fully committed” to drilling a Shell-partnered North Sea prospect next year, however another is expected to be delayed to 2022.
Sierra Leone has provisionally awarded licences to Cluff Energy Africa and Innoson Oil and Gas, following the conclusion of its fourth licensing round.
A company named after one of the pioneers of North Sea oil and gas exploration is planning to change its name.
Even Cluff Natural Resources (CLNR), despite being debt-free with no producing assets (yet) and almost totally gas-focused, has not been immune to the effects of oil price volatility in recent weeks.
A trio of London-listed oil and gas firms today insisted they could overcome volatile market conditions at the end of a bruising week.
North Sea exploration firm Cluff Natural Resources has appointed a Robert Gordon University (RGU) graduate as chief financial officer (CFO).
A prominent petro-economist has labelled the Labour Party’s plans to impose an £11 billion “windfall tax” on the oil and gas industry “misguided”.
Shell is more than halfway through seismic survey work on a newly-acquired North Sea prospect.
Shell has completed a 50% farm in to a North Sea licence held by Cluff Natural Resources (CLNR).
Energy giant Shell has taken up operatorship of a Southern North Sea licence estimated to have recoverable reserves of 100million barrels of oil equivalent.
Oil and gas explorer Cluff Natural Resources (CLNR) has vowed to reclaim a southern North Sea licence it relinquished earlier this year.
Entrepreneur and philanthropist Michael Spencer will further increase his stake in North Sea oil firm Cluff Natural Resources (CLNR).
The chief executive of Cluff Natural Resources (CLNR) has said the company’s farm-out deal with Shell will be “transformational” in its North Sea growth plans.
Cluff Natural Resources (CLNR) has announced it will farm-out a southern North Sea licence to Shell, with the possibility of an agreement on a second.
Cluff Natural Resources (CLNR) has gone into extra time in its bid to secure a partner for its Pensacola prospect in the southern North Sea.
Cluff Natural Resources (CLNR) has announced it has received “significant interest” in two North Sea licenses amid a farm-out process.
Cluff Natural Resources' (CLNR) chairman said today that the company is "working tirelessly" to find partners for two of its North Sea licences.
Cluff Natural Resources (CLNR) has said it is accelerating technical work for six "highly prospective" North Sea licenses it has formally acquired from the Oil and Gas Authority.
Entrepreneur and philanthropist Michael Spencer has increased his stake in North Sea oil firm Cluff Natural Resources.
Cluff Natural Resources said today that it would raise £2 million through the placing of 95.2 million new shares.
Shares in Cluff Natural Resources (CNR) plunged today after the company said it was "considering" a new equity issue.
Cluff Natural Resources (CLNR) has been warned it could lose two North Sea licenses if it continues to struggle to find a partner for them.
The Oil and Gas Authority (OGA) has scrubbed Cluff Natural Resources' obligation to farm-out two of its North Sea licences by the end of May.