Deltic Energy Share Price (DELT)

Malcy writes:

Looking forward life could probably not get more exciting for Deltic, with a rig booked I am expecting the drilling of the Selene well to start in July and to be followed by the Pensacola appraisal by the same rig, back-to-back. With success in the 33rd Round of UK Government licensing and potential still for a further farm-out at Pensacola life is about to get a great deal busier. It remains perhaps the stock in the sector with the most upside potential and investors should climb aboard…

Reckon the next week or so may be the last opportunity to top-up in the 30's. Selene is mobilised in less than 12 weeks. F/o news will drop in between, and I'd hazard a guess earlier rather than later. Feel free to sell folk. I'll happily pick up some more in the mid 30's if we get to that point. Not long now. GLA

Viable, could you elaborate please??

What exactly are you not happy with?

Everything looks in good order to me: 2 x drills lined up this year; next farm up deal being negotiated; apart from Selene and Pensacola, more to come in terms of future prospects. Enough cash in the bank to operate the company for at 18 months.

. . . Swindells has perhaps sucked in too many of us once too often. Care required.

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