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AIM:DELTFRA:7RC
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Deltic Energy doubles number of licenses in portfolio with six new deals

Deltic Energy PLC's (LON:DELT) Graham Swindells speaks to Proactive London after landing six awards in the UK government’s latest offshore licensing round. These provisionally awarded 6 new licences nearly doubles the number of licences in the portfolio from 7 to 13. One of the six awards is in tandem with existing exploration partner Shell, with Deltic holding 30% and Shell owning 70%. The other five are 100% held by Deltic.

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AIM:DELT

Price: 2.0698 GBX

Market Cap: £29.1 m

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Deltic Energy present details of farm-out deal with Cairn Energy PLC and how...

Graham Swindells, CEO of Deltic Energy PLC (AIM:DELT) (LON:CLNR) explains to Proactive London how the company will benefit from a farm-out deal with Cairn Energy PLC (LSE:CNE) (LSE:CNE) (LSE:CNE) for five licences in the Southern North Sea. Cairn will acquire between 60% and 70% of the...

on 18/8/21

2 min read