Deltic Energy Share News (DELT)

Canaccord Genuity initiates coverage on Deltic Energy at 'speculative buy'

(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.

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Steppe Cement revenue up; H&T raises GBP16.9 million

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last Friday and not separately reported by Alliance News:

Deltic Energy raises GBP15 million via placing and subscription

(Alliance News) - Deltic Energy PLC on Tuesday said it has raised GBP15 million via a "significantly oversubscribed" placing and subscription.

IN BRIEF: Deltic Energy to raise GBP15 million for Selene well

Deltic Energy PLC - AIM-listed natural resources investing company - Intends to raise GBP15 million through a placing and subscription as well as a further GBP2 million through an open offer. Open offer and placing is at a price of 3.5 pence per share. Placing will be conducted through an accelerated bookbuilding process and is expected to close on Tuesday. Company's largest shareholders, IPGL Ltd and Inthallo Ltd, say they intend to invest up to GBP5 million and GBP1.5 million respectively.

IN BRIEF: Deltic Energy interim loss widens on larger cost

Deltic Energy PLC - AIM-listed natural resources investing company - Pretax loss widens to GBP1.0 million in the first half of 2022 from GBP691,754 a year before, as total administrative expenses increase to GBP1.0 million from GBP674,718. Recognises no revenue in either period. Believes that the overall outlook for the company is positive.

Deltic and Shell to drill high-impact North Sea gas prospect

(Alliance News) - Deltic Energy PLC on Tuesday said it has made a positive well investment decision to drill the Selene gas prospect in the UK North Sea with Shell UK Ltd, part of Shell PLC.

AIM WINNERS & LOSERS: Deltic rises on Shell deal; Windar down on delay

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Deltic Energy shares rise on rig contract with JV partner Shell

(Alliance News) - Deltic Energy PLC said on Wednesday that a rig contract has been signed with Shell UK Ltd for the drilling of the Pensacola exploration well in the North Sea.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Audioboom in maiden annual profit; Eqtec loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Deltic Energy completes 3D survey after Cairn farm-out

(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.

EXECUTIVE CHANGES: Deliveroo adds Flutter CEO to board; new Quarto CEO

EXECUTIVE CHANGES: Deliveroo adds Flutter CEO to board; new Quarto CEO

TRADING UPDATES: Centrica picks up customers; Touchstone strikes oil

TRADING UPDATES: Centrica picks up customers; Touchstone strikes oil

IN BRIEF: Deltic Energy's Pensacola on track for 2022 spudding

IN BRIEF: Deltic Energy's Pensacola on track for 2022 spudding