Canaccord Genuity lowers target price on Deltic Energy
7th Feb 2024 15:20
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on exploration and development firm Deltic Energy from 185.0p to 160.0p on Wednesday following the recent farm-out of 25% of UK licence P2437.
Read moreDeltic Energy strikes farm-out deal on Selene Prospect
7th Feb 2024 13:13
(Sharecast News) - Natural resources investing company Deltic Energy announced a significant agreement regarding licence P2437 and the Selene Prospect on Wednesday, as it entered into a farm-out deal with Dana Petroleum, transferring a 25% interest in the licence while retaining a 25% non-operated equity interest.
Read moreDeltic reports latest findings from Pensacola Discovery
19th Jan 2024 13:03
(Sharecast News) - Natural resources investor Deltic Energy reported on the findings of a competent person's report (CPR) for the Pensacola Discovery on Friday.
Read moreDeltic Energy achieves 'Carbon Neutral Business' status
3rd Jan 2024 13:48
(Sharecast News) - Deltic Energy announced its status as a 'Carbon Neutral Business' on Wednesday, as certified by Carbon Neutral Britain.
Read moreDeltic Energy makes progress at Pensacola, Selene
18th Dec 2023 09:59
(Sharecast News) - Southern North Sea natural resources investor Deltic Energy updated the market on its Pensacola and Selene projects on Monday.
Read moreDeltic Energy preparing for 2024 drilling programme
5th Dec 2023 13:52
(Sharecast News) - Natural resources investor Deltic Energy said in a trading update on Tuesday that in preparation for its 2024 drilling programme, critical preparatory work for both the Selene and Pensacola wells was proceeding as scheduled.
Read moreDirector dealings: Deltic Energy director raises stake
16th Feb 2023 15:25
(Sharecast News) - Deltic Energy revealed on Thursday that non-executive director Peter Nicol had acquired 1.0m ordinary shares in the AIM-listed natural resources investor.
Read moreCanaccord Genuity initiates coverage on Deltic Energy at 'speculative buy'
1st Nov 2022 09:00
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on exploration and production outfit Deltic Energy with a 12.5p target price and a 'speculative buy' rating on Tuesday, primarily due to the group's two-well UK gas exploration programme.
Read moreDeltic Energy completes 3D survey after Cairn farm-out
23rd Nov 2021 15:13
(Sharecast News) - Natural resources investment company Deltic Energy announced on Tuesday that the 3D seismic survey over licence P2428 and its surrounding areas was now complete.
Read moreDeltic Energy completes survey over planned Pensacola well
22nd Oct 2021 09:53
(Sharecast News) - Natural resources investing company Deltic Energy announced on Friday that itself and its operating partner Shell UK have completed the final phase of the site survey programme over the planned Pensacola exploration well location, on licence P2252 in the Southern North Sea.
Read moreDeltic Energy keeps 2020 cash outflow stable
19th Apr 2021 15:36
(Sharecast News) - North Sea-focussed natural resources investing company Deltic Energy reported a net cash outflow from operations and investing activity of £1.8m in its final results on Monday, in line with the £1.8m it reported a year earlier.
Read moreDeltic Energy and Shell decide to drill Pensacola Prospect
29th Mar 2021 16:03
(Sharecast News) - Deltic Energy said on Monday that itself and its joint venture partner on licence P2252, Shell UK, had made a positive well investment decision to drill the high-impact Pensacola Prospect on the licence in the UK Southern North Sea.
Read moreDeltic Energy formally awarded six new North Sea licences
1st Dec 2020 11:14
(Sharecast News) - North Sea-focussed natural resources investment company Deltic Energy reported on Tuesday that, further to the provisional award of new licences in the UK's 32nd Offshore Licensing Round in September, six new licences comprising 12 blocks had now been formally awarded by the Oil and Gas Authority.
Read moreDeltic Energy upbeat on recent work at Cupertino Prospect
23rd Nov 2020 12:12
(Sharecast News) - Natural resources investment company Deltic Energy updated the market on licence P2428 on Monday, which contains the Cupertino Prospect, following the completion of detailed technical evaluation of the Southern North Sea licence.
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