The chairman of Deltic Energy (LON: DELT) believes the oil and gas sector has become a “political football” as battle lines are drawn ahead of the next election.
North Sea firm Deltic Energy (LON: DELT) has given up on three exploration licences after its partner decided to exit the permits.
We take a look at four North Sea exploration targets and hotspots from firms including NEO Energy, Shell, Harbour and Horizon Energy
Shares in London-listed Deltic, holder of 30% of the licence, soared in mid-morning trading as investors reacted to the news.
Deltic Energy (LON: DELT) looks to drill a "similar sized prospect to Pensacola in the summer of 2024".
As far as discoveries go, uncovering over 300 billion cubic feet (bcf) of gas and the decade’s largest find isn’t half bad in an increasingly wizened basin.
As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
Hot on the heels of the largest discovery in a decade for the Southern sector, Deltic Energy (LON: DELT) is seeking partners of its next North Sea prospect.
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
Deltic Energy has reported a significant gas and oil discovery at the Shell-operated Pensacola prospect in the Southern North Sea.
Partner Deltic Energy saw its share price rocket by 50% on the news.
Drilling operations have begun at an eagerly awaited gas prospect that could open up part of the Southern North Sea.
Reabold Resources (LON: RBD) has announced plans to farm-in to a Shell North Sea licence near the hotly-tipped Pensacola prospect to be drilled next month.
London-listed oil and gas firm Deltic Energy has announced the results of a planned fundraiser.
Reabold Resources has announced a conditional offer to acquire Simwell Resources, a privately held explorer with several licences across the southern North Sea.
Deltic Energy (LON: DELT) has successfully raised £15 million to finance its ongoing operations, as well as further North Sea exploration.
A Shell (LON:SHEL) exploration target in the North Sea has been named among Westwood Global Energy Group’s ‘key wells to watch’ for the rest of 2022.
As of 25 July, Westwood Global Energy reports that there are three exploration wells active, with two in the CNS and one in the NNS.
As of 23 June, Westwood Global Energy reports that there is one exploration well active in the CNS. One appraisal well in the NNS was completed as an oil producer well since the last report.