Deltic Energy Share Discussion Threads

[trickydicky1] 13/7/2024 14:06

they haven't been on for deacades, relax

[soilderboy] 12/7/2024 15:27

There will be no point leaving the lights on here before long,sadly.

[apotheki] 12/7/2024 07:37

Tend to agree that Labour will go and kill the U.K. oil & gas industry but having said that the unions might have something to say about all of that!?!?!

Either way if you look closely at the General Election result they really do NOT have a mandate especially to make the rest of us poorer and insecure energy wise!

As part of the transition to net zero fossil fuels will have to play their part just as many other major industrialised countries have taken on board already!

[apotheki] 12/7/2024 07:31

This is from Adam Vaughan, Environment Editor for The Times

For further clarity, this from DESNZ:

“This piece is a complete fabrication - it invents meetings and decisions that have not taken place.

“As previously stated, we will not issue new licences to explore new fields.”

hxxps://x.com/adamvaughan_uk

[soilderboy] 12/7/2024 03:25

It is. They will jump in bold, too, with legislation . No thinking it through or analysing the long-term implications.

[priestner] 11/7/2024 15:44

They may have denied it today, but this is their ultimate policy, isn’t it?

[apotheki] 11/7/2024 15:10

UK Government denies ban has been ordered on new drilling in North Sea

[priestner] 11/7/2024 14:44

This is the reason, I said GS should be looking for a different business model, no hope for business in the NS…




Ed Miliband has ordered an immediate ban on new drilling in the North Sea in a decision that overrules his own officials and risks triggering a wave of legal action.

In an unusual intervention into what is typically an apolitical process, the Energy Secretary has told regulators not to approve a new round of drilling that was slated for confirmation in the coming weeks.

[soilderboy] 11/7/2024 10:56

Short lived, hey!

[soilderboy] 11/7/2024 06:25

All us LTHs here could do with a break!

[sandy12345] 10/7/2024 09:15

Will revisit the 18p area soon

[soilderboy] 10/7/2024 07:40

There are no calculations anywhere on the net for these claims.The proof is in the pudding. When you bring in a fixed regular income in any business, a true valuation can be assessed. Until then, we are in limbo!

[barnes4] 09/7/2024 11:32

How much is Material MR S???????

[nigelpm] 09/7/2024 11:25

Malcy literally has no idea.

[mynameiskhan] 09/7/2024 11:24

Not sure about Malcy prediction but, if we go through company presentation/news, Selene is worth over 120p per share net to DELT.

[mwj1959] 09/7/2024 10:54

So Malcy says the stock can get to 100p. How does he get that?

[sandy12345] 09/7/2024 08:41

Looks good! Will test 10p later today

[tsmith2] 09/7/2024 08:41

way too cheap

[nigelpm] 08/7/2024 20:09

cat33 is now blocked - they seem intent to posting drivel to anyone who will listen.

[barnes4] 08/7/2024 12:34

Tell us!!!

[cat33] 08/7/2024 12:30

Great update from Jimhttps://oilman.beehiiv.com/p/oilman-jims-letter-july-8-2024Worth reading

[barnes4] 08/7/2024 09:47

Come on spit it out how much is the material amount we owe Shell for our share of the drilling costs for a proven well which we have had to give away FOC

Come on tell us!!!

[priestner] 08/7/2024 08:16

Are we supposed to be excited? When they should be thinking about different business model, they are “doing the same thing over and over and expecting different results.”

[kibes] 08/7/2024 07:53

Will they be allowed to drill an appraisal well by energy genius Ed Miliband?

[apotheki] 08/7/2024 07:25

Graham Swindells, CEO of Deltic, commented:

"The Blackadder project has many analogous attributes to the Selene prospect, where the reworking of legacy datasets has unearthed a potential missed pay opportunity of material scale. Blackadder's location, in close proximity to existing infrastructure that requires new third party gas to defer decommissioning, should enhance its value in a mature basin where new licences are likely to become increasingly scarce. Over the coming year we will progress our work on the legacy data in preparation for farm-out, in anticipation of drilling an appraisal well on Blackadder in due course."