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Share Price: 39.00

Bid: 38.50

Ask: 39.50

Change: 0.00 (0.00%)

Spread: 1.00 (2.597%)

Open: 39.00

High: 39.00

Low: 39.00

Prev. Close: 39.00

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IN BRIEF: Deltic Energy Lands Stakes As Part Of UK Licensing Round

Tue, 01st Dec 2020 12:41

Deltic Energy PLC - natural resources investing company - Formally awarded six licences in UK's latest offshore licensing round. Takes 30% stake in one licence in southern North Sea, 100% interest in four other licences in southern North Sea and a 100% holding in a central North Sea licence. "The board views these blocks as highly prospective and containing a variety of exploration prospects which will significantly enhance both the pipeline of potential drilling opportunities and the overall prospective resources associated with the company's assets as these areas are matured during the initial term of the licences," Deltic says.

Current stock price: 1.28 pence

Year-to-date change: down 19%

By Eric Cunha; ericcunha@alliancenews.com

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Deltic Energy and Shell decide to drill Pensacola Prospect

(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.

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Deltic Energy formally awarded six new North Sea licences

(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.

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IN BRIEF: Deltic Energy Lands Stakes As Part Of UK Licensing Round

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