Deltic Energy and Shell hit ‘important milestone’ ahead of Pensacola drilling
Deltic Energy and Shell have reached what they describe as an “important milestone” ahead of drilling the Pensacola North Sea prospect.
Deltic Energy
Shell and Deltic complete survey at ‘high impact’ North Sea prospect
Deltic Energy and Shell have completed geophysical site surveying at the planned Pensacola exploration well in the southern North Sea.
Deltic chairman: ‘We need natural gas and should be producing it domestically’
The chairman of Deltic Energy has underscored the need for domestic natural gas supply in the UK in order to meet net zero.
Deltic kicks off seismic work on key North Sea prospect after Cairn farm-out
Deltic Energy is kicking off seismic survey work one of its hot North Sea prospects after a farm-out deal with Cairn Energy.
Deltic farms out five North Sea licences to Cairn including ‘the next Cygnus’
Cairn Energy has agreed a deal to farm-in to five North Sea licences held by Deltic Energy.
Shell and Deltic hire Fugro for Pensacola site survey
Shell and Deltic have hired Fugro to carry out a site survey of its Pensacola prospect ahead of an exploration well being drilled.
Egdon ‘encouraged’ by Shell drilling near Southern North Sea prospects
Egdon Resources said it is “encouraged” by Shell deciding to drill a neighbouring discovery to two of its Southern North Sea assets.
Progress shows we were right to fend off hostile bids, Deltic bosses say
Deltic Energy said the progress made on its portfolio justified the decision to fight off hostile takeover attempts from two other London-listed energy firms last year.
Shell and Deltic to drill ‘vital’ southern North Sea prospect in 2022
Shell and partner Deltic Energy have confirmed plans to drill the “high-impact” Pensacola prospect in the UK southern North Sea.
Equinor and Shell targets among trio of UK ‘wells to watch’ in 2021
High-impact targets from Equinor and Shell have been named among the “wells to watch” for the UK North Sea in 2021 by Westwood Energy.
North Sea firms enjoy share price bump on OPEC deal
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
‘The next Cygnus’: Deltic Energy makes big claim ahead of North Sea farm-out
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.
Deltic identifies more than 150m barrels on southern North Sea licence
London-listed Deltic Energy has claimed its P2428 licence boasts resources of more than 150 million barrels of oil equivalent.
Shell gets extra time to assess North Sea prospect after spotting ‘chalk’ on seabed
The Oil and Gas Authority (OGA) has given Shell extra time to carry out more “intensive” seismic processing on a southern North Sea exploration target, the major’s project partner said today.
Updated: Independent Oil and Gas abandons pursuit of Deltic Energy
Independent Oil and Gas (IOG) said today it won’t be making an official offer to acquire fellow southern-North-Sea-focused firm Deltic Energy.
Deltic Energy unveils new North Sea prospect following OGA licensing round
Deltic Energy has announced a new Southern North Sea prospect in its portfolio following the OGA’s 32nd licensing round last month.
Deltic Energy faces another potential takeover bid, this time from IOG
Deltic Energy is facing yet another potential acquisition bid, this time from Independent Oil and Gas (IOG).
Deltic ‘insulated’ from virus thanks to impact of Shell farm-outs
Deltic Energy said the company is largely “insulated” from the impact of Covid-19 thanks to the financial benefits of Shell farm-outs last year.
Shell delivers new seismic data on Deltic-partnered Pensacola
Shell has delivered new seismic data on the Pensacola prospect in the North Sea, with partner Deltic Energy claiming it is “highly analogous” to a discovery which struck oil last year.
Deltic Energy makes ‘material increase’ in gas estimates at Shell licence
Deltic Energy has announced a “material increase” in estimates of gas at a North Sea licence which Shell farmed into last year.
Reabold abandons takeover bid for Deltic Energy
Reabold Resources has abandoned its takeover bid for Deltic Energy, formerly known as Cluff Natural Resources.
FTSE nudges up, Brent crude nears $45
The FTSE 100 Index eked out a gain of 8.21 points, or 0.13%, to 6,269.73 today, as traders continued to show caution despite recent progress towards a vaccine for Covid-19.
Deltic’s largest shareholder backs board’s attempt to ward off hostile takeover
Deltic Energy’s largest shareholder has backed the company’s efforts to stave off a hostile takeover bid from London-listed energy investment firm Reabold Resources.
EV Out Loud: A whopper of a law suit, an oil rig graveyard, and a bitter row
In this latest EVOL podcast, in association with Burness Paull, energy news gladiators Ed, Allister and Mark pierce the armour of the week’s hottest stories.
Reabold ‘disappointed’ and ‘surprised’ by takeover target Deltic
Energy investment firm Reabold said today it was “disappointed” and “surprised” by takeover target Deltic Energy’s assessment of its portfolio.