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.
Deltic Energy
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.
Updated: Deltic Energy ‘unequivocally rejects’ £12.3m takeover bid from Reabold Resources
Deltic Energy, formerly Cluff Natural Resources, has “unequivocally rejected” a £12.3million bid from Reabold Resources to acquire a controlling stake in the business.
Deltic Energy, formerly Cluff, eyeing deal opportunities in UK and Dutch North Sea
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 and Shell close in on North Sea drilling but one prospect delayed to 2022
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.
Goodbye ‘Cluff Natural Resources’, hello ‘Deltic Energy’
A company named after one of the pioneers of North Sea oil and gas exploration is planning to change its name.