Member Info for Maverick7

Big wowza, i sold some that i bought for 5p at 385p, but who’s bragging

Government is pushing for greater investment and confidence in UK Oil and Gas, will be interesting to see what the strategy is going forward, Should be good news for SQZ, KIST et al

Update expected next week

https://www.gov.uk/government/news/readout-of-prime-ministers-roundtable-of-uk-oil-and-gas-industry-leaders-14-march-2022

https://www.pinsentmasons.com/out-law/news/new-uk-energy-security-strategy-expected

Thanks Hittu

Scroll down to 5.29

https://www.telegraph.co.uk/business/2022/03/11/ftse-100-markets-live-news-sanctions-russia-oil-gas/

Which ones and to where

https://www.wsj.com/articles/russia-set-to-ban-commodity-exports-following-western-sanctions-11646768260

Only Russian oil being banned by UK not gas, Europe cant afford not to ban Russian oil and gas

I fired a few questions to DELT Investor relations about the drilling rig, timescales, well commitment etc… their reply received today as below, all as per last RNS, just a risk off market today but gas prices have gone mental:

Dear xxxx

Thank you for your enquiry in relation to Deltic.

As regards your question on Selene, the status remains the same and we continue to await a well investment decision from Shell.

In relation to Pensacola, Shell has made a firm commitment, and no reason has arisen for Shell not to drill the well. As previously notified, Shell have confirmed rig availability. As soon as the details of the rig contract are confirmed to Deltic by Shell, we would expect to announce the contract, the name of the rig as well as confirming the expected drilling timeline. Our expected timeline for drilling Pensacola remains in accordance with our previous statement.

At the same time, we continue to progress our full portfolio of licences with both Shell and Capricorn, and look forward to providing updates in due course as we get closer to drilling our first well.

Yours sincerely,

Deltic Energy Plc
1st Floor, 150 Waterloo Road,
London, SE1 8SB
www.delticenergy.com

Phone: 0207 887 2630

But it looks like a good deal for I3e, not sure about Europa though, especially if it doesn’t come in

Because it’s not a medium - large company farming in - bit disappointing

DELT just need to give a more definitive update and it will soon be 10p+

There goes £3

Jefferies raises Serica Energy price target to 360 (290) pence - 'buy'

Good to see that TOTALs super computer is still hitting the target - no coincidence that they hit first time - it would be good for them to farm into our Namibian blocks and get that supercomputer to analyse our Orinduik block

https://totalenergies.com/media/news/press-releases/totals-supercomputer-now-industrys-most-powerful-worldwide

DELT should be shouting from the rooftops about exploring in UK shores and hopefully securing future domestic supply. Where is the update and comms?

Will we see £3 today?

That was some speech (ramble) by Putin - really showed his true colours and KGB mindset - unfortunately $100 + oil for some time and who knows where Gas is going

https://twitter.com/skynews/status/1495835930573389832?s=21

Lol, should of said “in the hydrocarbon business”

Not my words but those of DELT, but nothing is certain in the oil business:

"The decision to drill the Pensacola gas prospect followed an extensive evaluation of the new 3D data acquired. This work led to a significant de-risking of the prospect, resulting in the geological chance of success (GCoS) increasing from 20% to 55%"

Lol that’s funny muckle

we were only at 450p due to the share price spiking on rumors of an acquisition which turned out to be true, normal share price behavior for an AIM share

The herd havent arrived yet, 10p easy if SHEL and DELT give us an update on the drill rig and timescales and if they take up the option for Selene we can target 20p+, if CNE give us a further update, then who knows where this will go.

This is the biggest drill in the North Sea this year, right in UK shores and we have a super major as a partner