‘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.
Cluff Natural Resources
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.
Cluff, Innoson win Sierra Leone blocks
Sierra Leone has provisionally awarded licences to Cluff Energy Africa and Innoson Oil and Gas, following the conclusion of its fourth licensing round.
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.
Cluff focused on a deal for ‘drill-ready’ Dewar
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.
Trio of UK oil and gas firms insist they can ride out market storm
A trio of London-listed oil and gas firms today insisted they could overcome volatile market conditions at the end of a bruising week.
Cluff appoints RGU graduate as chief financial officer
North Sea exploration firm Cluff Natural Resources has appointed a Robert Gordon University (RGU) graduate as chief financial officer (CFO).
Labour’s oil tax plans: ‘Quite misguided’ and ‘the worst possible signal’
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 more than halfway through seismic work on North Sea prospect
Shell is more than halfway through seismic survey work on a newly-acquired North Sea prospect.
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).
Shell takes up North Sea licence after Cluff farm-in
Energy giant Shell has taken up operatorship of a Southern North Sea licence estimated to have recoverable reserves of 100million barrels of oil equivalent.
Cluff refuses to give up on southern North Sea licence
Oil and gas explorer Cluff Natural Resources (CLNR) has vowed to reclaim a southern North Sea licence it relinquished earlier this year.
Tory donor Spencer to buy another chunk of Cluff
Entrepreneur and philanthropist Michael Spencer will further increase his stake in North Sea oil firm Cluff Natural Resources (CLNR).
Shell deal ‘huge step’ for Cluff’s North Sea growth, says CEO
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.
Shell agrees farm-in to Cluff North Sea licence
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’s talks with major oil company go into extra time
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.
‘Significant interest’ in Cluff licenses as OGA removes drill or drop obligation
Cluff Natural Resources (CLNR) has announced it has received “significant interest” in two North Sea licenses amid a farm-out process.
Cluff working ‘tirelessly’ on farm-out as first-half losses widen
Cluff Natural Resources' (CLNR) chairman said today that the company is "working tirelessly" to find partners for two of its North Sea licences.
Cluff accelerating ‘highly prospective’ new licenses
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.
Tory Party backer increases stake in Cluff
Entrepreneur and philanthropist Michael Spencer has increased his stake in North Sea oil firm Cluff Natural Resources.
Cluff to raise £2m by issuing new shares
Cluff Natural Resources said today that it would raise £2 million through the placing of 95.2 million new shares.
Cluff shares sink as company ‘considers’ new share issue
Shares in Cluff Natural Resources (CNR) plunged today after the company said it was "considering" a new equity issue.
Cluff ‘could lose’ North Sea licenses if hunt for partners goes on
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.
OGA grants Cluff breathing room on deadline for North Sea farm-out
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.