Deltic shares surge on ‘highly encouraging’ Shell backing for Selene well
Shell (LON:SHEL) has given the green light to the next stage of a gas discovery in the Southern North Sea, delivering a shares boost for its partner Deltic Energy (AIM:DELT).
Deltic Energy
Stick or Twist: The North Sea operators who are warning they will leave the UK
Read our compilation of the UK oil and gas firms who wave made their views clear as Labour’s first budget looms.
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.
Deltic CEO steps down after more than six years at the helm
The chief executive of Deltic Energy (AIM:DELT) Graham Swindells has announced he will be stepping down from his role.
Deltic hit by £18m impairment from Pensacola withdrawal
Deltic Energy (AIM:DELT) has been hit with an £18 million impairment in the first half of the year over its withdrawal from the Pensacola licence.
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.
Deltic accepts one of two new licences as it plans Blackadder farm out
Deltic Energy (AIM:DELT) said it is "in preparation for farm out" of its stake in Blackadder, as it shared news of new licences in UK waters.
Deltic Energy withdraws from Pensacola due to election uncertainty
Deltic Energy (AIM:DELT) will withdraw from the licence covering the Pensacola discovery due to ongoing political uncertainty around the UK election.
Deltic has little over a week to sell off Pensacola share
Deltic Energy (AIM: DELT) has been granted an extension to progress discussions with potential buyers of its share in the UK’s Pensacola project.
Long wait for North Sea licensing round risks developers rejecting offers
Analysts have warned the long-delayed results of the UK’s 33rd licensing round could see developers hand back the North sea licences awarded to them.
NSTA reveals winners of latest North Sea licensing round
The third tranche of the 33rd offshore licensing round sees 19 companies awarded North Sea licences
Deltic struggles with Pensacola farm-out as it blames windfall tax
Deltic Energy (AIM: DELT) has given an update on its Pensacola farm-out process, saying it has struggled to find someone to put up cash amid UK fiscal uncertainty.
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.
North Sea operators outline plans for new exploration licence offers
17 companies scooped licence offers in the latest tranche of awards as part of the 33rd round, with plans for some prospects already in the works.
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.
New data confirms ‘great result’ at Shell’s North Sea Orlov well
New data shows promising flow rates at Shell's Orlov discovery in the Central North Sea, though the future of the project is still to be determined.
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”.
Oil and gas sector a ‘political football’ once again, says Deltic Energy chairman
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.
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.
Deltic axes three licences after Capricorn exit, but Cadence still on the cards
North Sea firm Deltic Energy (LON: DELT) has given up on three exploration licences after its partner decided to exit the permits.