We would love to hear your thoughts about our site and services, please take our survey here.
I received a reply from Graham to quite a strong email i wrote.
It was good, honest and keeps me happy. Have a great Easter Weekend.
Dear Jon,
Thank you for your enquiry and continued support.
The successful outcome of the Company’s first well at Pensacola with the significant discovery of gas and oil is a transformational event for Deltic, so we share your frustration that the share price has not reflected that news, despite the success. It is also worth noting that the wider market conditions for E&P sector firms have been challenging with oil price volatility and the continuing sentiment around the windfall tax in the UK.
I can assure you that the Board at Deltic is fully committed to maximising value for all shareholders. Having delivered the exploration success that is a key part of our strategy, the Company are now assessing all options in relation to Pensacola, including appraisal and development as well as farm down or full or partial monetisation of the value created at Pensacola as we seek to maximise shareholder value.
In the meantime we will continue to take steps to ensure that the value of the success at Pensacola is understood and continue to engage with investors, analysts and media to promote the equity story, and look forward to updating shareholders in due course.
Best regards
Graham
slightly biased in that i have shares, but this is ultra cheap at the moment. We have found Gas and we have multiple licences. We are in partnership with Shell for another drill. If you get the chance to average down, then you should.
If Capricorn are out, to me it could be a blessing in disguise. @It makes us more attractive to another third party.
Recent Directors buys were at 2.5 p i believe and or even higher. I think we will obtain new licences next month, which will further enhance our portfolio.
GLA
Previous post from this clown when he had shares before selling.
check it out. lol.
one of your posts from November... LOL
SnoopDoggy
Posted in: DELT
Posts: 334
Price: 3.025
No Opinion
Share price30 Nov 2022 22:22
"They only started drilling how could they know it’s a dud already. People need to wise up. She’ll have spent millions in researching this I can’t see them being wrong."
Now you are saying they are ?
lollolololololololll