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DELT Deltic Energy Plc

32.25
0.75 (2.38%)
Last Updated: 08:10:35
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Deltic Energy Plc LSE:DELT London Ordinary Share GB00BNTY2N01 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.75 2.38% 32.25 32.00 32.50 32.25 31.50 31.50 92,793 08:10:35
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal,oth Minerals,ores-whsl 0 -2.99M -0.0321 -10.05 30.02M

Deltic Energy PLC Appointment of Non-Executive Director (5970S)

17/11/2021 7:00am

UK Regulatory


Deltic Energy (LSE:DELT)
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From Mar 2021 to Mar 2024

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TIDMDELT

RNS Number : 5970S

Deltic Energy PLC

17 November 2021

17 November 2021

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

Deltic Energy Plc ("Deltic" or 'the Company')

Appointment of Non-Executive Director

Deltic Energy Plc, the AIM quoted natural resources investing company with a high impact, natural gas focussed exploration and appraisal portfolio in the Southern North Sea, is pleased to announce the appointment of Peter Nicol as Non-Executive Director with immediate effect.

Peter has 40 years of experience in the energy sector both in industry and in senior investment banking positions. He was previously Head of Oil and Gas Research at GMP Securities Europe and prior to that held positions including Global Sector Director of Oil and Gas Research at ABN Amro and Head of European Oil and Gas Research at Goldman Sachs.

Peter has worked with several small-medium cap oil and gas companies and is currently an independent non-executive director of exploration focussed companies Touchstone Exploration Inc. and Eco (Atlantic) Oil & Gas Ltd, both of which are AIM quoted and dual listed in Canada. He is also an independent director of ERC Equipoise Limited, the independent energy consultancy.

Peter started his career with British National Oil Corporation in various commercial roles and holds a Bachelor of Science in mathematics and economics from Strathclyde University.

Graham Swindells, Chief Executive of Deltic Energy, commented:

"We are delighted to welcome Peter to the Board of Deltic. Throughout his career Peter has worked with and advised numerous exploration companies and his wealth of energy, financial, city and public company experience will be invaluable to Deltic as we progress to the next stage in our development. We look forward to working with Peter and benefitting from his strategic counsel as we continue to build on our partnerships with Shell and Cairn and progress our conveyor belt of highly prospective gas focussed assets which will be an invaluable domestic source of gas for the UK as it continues its path through the energy transition towards net zero."

**ENDS**

For further information please contact the following:

 
 Deltic Energy Plc                                 Tel: +44 (0) 20 7887 
                                                    2630 
 Graham Swindells / Andrew Nunn / Sarah McLeod 
 
   Allenby Capital Limited (Nominated Adviser         Tel: +44 (0) 20 3328 
   & Joint Broker)                                    5656 
 David Hart / Alex Brearley (Corporate Finance) 
 Kelly Gardiner (Sales and Corporate Broking) 
 
   Stifel Nicolaus Europe Limited (Joint Broker)      Tel: +44 (0) 20 7710 
                                                      7600 
 Callum Stewart / Simon Mensley / Ashton 
  Clanfield 
 
 Vigo Consulting (IR & PR Adviser)                 Tel: +44 (0) 20 7390 
                                                    0230 
 Patrick d'Ancona / Chris McMahon / Oliver 
  Clark 
 

Under schedule 2, paragraph (g) of the AIM Rules for Companies ("AIM Rules"), the following additional information is disclosed:

Peter William Nicol, age 64, is currently a Director of:

   --    Touchstone Exploration Inc 
   --    Eco (Atlantic) Oil & Gas Ltd 
   --    ERC Equipoise Limited 
   --    Thorogood Associates Limited 
   --    Thorogood Associates Europe Limited 
   --    Thorogood Associates India Private Limited 
   --    Locin Energy Limited 

In the last five years Mr. Nicol has also not served as a Director or been a partner in any other company.

Mr. Nicol does not currently hold any ordinary shares in the Company.

Mr. Nicol confirms there is no further information to be disclosed under Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.

Notes to Editors

Deltic has created a strategically located portfolio of high-quality gas exploration licences in the Southern North Sea over several licensing rounds. These licences are located in areas that have been underexplored despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on to be developed and could provide ready access to export infrastructure for future developments on Deltic's licence acreage.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

November 17, 2021 02:00 ET (07:00 GMT)

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