Deltic’s undervalued stock causes ‘frustration’ for the firm and shareholders
North Sea firm Deltic Energy has expressed "frustration" at what it sees as a discrepancy between the value of its assets and the price of its stock.
Selene
Deltic contemplates Selene stake farm down to reach FID
As the windfall tax bites, Deltic Energy’s new CEO Andrew Nunn explains how his attention is turning overseas.
UK ‘not the ideal place’ to invest in new oil and gas, Deltic says
Deltic Energy said it will focus on core UK assets like the Selene prospect while pivoting its attention to international opportunities.
Shell starts drilling at Deltic Energy Selene well
North Sea operator Shell has commenced drilling operations at the Selene prospect, Deltic Energy (AIM:DELT) announced today.
Deltic Energy to drill first North Sea exploration well in 2024
Shell has mobilised its Valaris 123 drilling unit to drill 2024’s first well at Deltic Energy’s (AIM:DELT) Selene prospect in in licence P2437.
Syros: Deltic eyes farm out on ‘drill-ready’ project by end of year
Hot off its Southern North Sea success with Shell, Deltic Energy (AIM: DELT) said it is progressing plans for a farm out deal on its “drill-ready” Syros prospect by the end of this year.
Deltic completes Selene farm-out with Dana Petroleum
Deltic Energy (AIM: DELT) has completed its farm-out deal with Dana Petroleum for a 25% stake in the North Sea’s Salene project.
Deltic Energy farms-out 25% Selene interest to Dana Petroleum
Deltic Energy (AIM:DELT) has announced an agreement to farm-out a 25% interest in the Selene prospect to Dana Petroleum.
Shell signs rig contract with Valaris for Selene and Pensacola wells
Shell has confirmed a drilling contract for the Valaris 123 jackup rig for the Selene exploration well and Pensacola appraisal well.
Deltic stake in Shell’s Pensacola discovery valued at $200m
An analyst firm has put Deltic Energy’s stake in the Shell-operated Pensacola discovery in the North Sea at $200m.
Shell and Deltic take investment decision on Pensacola appraisal
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have taken a well investment decision on their planned appraisal of the Pensacola discovery.
Deltic eyes farm-down on on Shell-partnered North Sea projects
Deltic Energy (AIM: DELT) is mulling a farm-down of its stake in a pair of Shell-operated (LON: SHEL) North Sea targets and have received “a considerable level of interest”.
Selene: Shell and Deltic start surveys on North Sea exploration well
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have kicked off site surveys for the Selene exploration well in the North Sea.
North Sea firm Deltic aiming to raise £15m to cover costs and fund investment
London-listed Deltic Energy (LON: DELT) has announced plans to carry out a fundraise in order to support its ongoing and future activities.
Shell and Deltic Energy invest in high-impact North Sea exploration well
Shell (LON: SHEL) and Deltic Energy (LON: DELT) have decided to invest in a high-impact exploration well in the UK North Sea.
Shell and Deltic to drill major North Sea gas exploration target
Shell and Deltic Energy will press ahead with drilling a major North Sea gas exploration target later this year.
Deltic in Southern North Sea exploration charge
Years have passed since the last exploration well was drilled in the Southern North Sea, and Deltic Energy is hoping to lead a fresh wave of activity.
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.
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.
Updated: Cluff, Shell working towards Selene investment call later this year
Pre-tax losses widened at Cluff Natural Resources (CLNR) in a first-half marked by flagship deals with energy giant Shell on its southern North Sea licences.
Shell completes farm-in to Cluff North Sea licence
Shell has completed a 50% farm in to a North Sea licence held by Cluff Natural Resources (CLNR).