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| 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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.75 | 131,713 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 5.50 | 6.00 | 5.75 | 5.75 | 5.75 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Coal,oth Minerals,ores-whsl | -2.96M | -0.0318 | -1.81 | 5.35M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 14:40:43 | O | 25,356 | 5.90 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 14/11/2024 | 07:00 | UK RNS | Deltic Energy PLC Selene Update and Economic Model |
| 31/10/2024 | 07:59 | ALNC |  *Deltic estimates Selene has ultimate recoverable resources at lower end of.. |
| 31/10/2024 | 07:00 | UK RNS | Deltic Energy PLC Selene Gas Discovery |
| 21/10/2024 | 06:00 | UK RNS | Deltic Energy PLC Operational and Strategic Update |
| 15/10/2024 | 10:18 | ALNC | EXECUTIVE CHANGES: PHSC co-founder and Deltic Energy CEO depart |
| 15/10/2024 | 06:00 | UK RNS | Deltic Energy PLC Chief Executive Officer Change/Succession |
| 27/9/2024 | 09:31 | UK RNS | Deltic Energy PLC Holding(s) in Company |
| 26/9/2024 | 06:00 | UK RNS | Deltic Energy PLC Interim Results |
| 30/7/2024 | 06:00 | UK RNS | Deltic Energy PLC Selene Drilling Update |
| 23/7/2024 | 14:42 | ALNC | Deltic Energy says Valaris 123 drilling unit mobilised for Selene Well |
Deltic Energy (DELT) Share Charts1 Year Deltic Energy Chart |
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1 Month Deltic Energy Chart |
Intraday Deltic Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 29/11/2024 | 21:45 | Deltic Energy - Low risk / High Impact Exploration | 934 |
| 25/11/2024 | 20:07 | Have we been DELT an ace with super major SHELL OIL?!?!? | 5,314 |
| 18/10/2022 | 12:19 | Deltic Energy PLC | 19 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-12-13 14:40:45 | 5.90 | 25,356 | 1,496.00 | O |
| 2024-12-13 14:30:35 | 5.90 | 8,474 | 499.97 | O |
| 2024-12-13 13:05:54 | 5.58 | 25,000 | 1,395.00 | O |
| 2024-12-13 10:02:12 | 5.92 | 67,407 | 3,990.49 | O |
| Top Posts |
|---|
Posted at 14/12/2024 08:20 by Deltic Energy Daily Update Deltic Energy Plc is listed in the Coal,oth Minerals,ores-whsl sector of the London Stock Exchange with ticker DELT. The last closing price for Deltic Energy was 5.75p.Deltic Energy currently has 93,096,600 shares in issue. The market capitalisation of Deltic Energy is £5,353,055. Deltic Energy has a price to earnings ratio (PE ratio) of -1.81. This morning DELT shares opened at 5.75p |
Posted at 15/11/2024 04:58 by ohisay FWIW ..over the top as usual but the sentiment is correct..As CEO Andrew Nunn points out, doing this work and preparing for FID can mean only one thing, the light of a commercial return is at the end of the tunnel. Indeed, the preliminary data indicates that the P50 discovered volume is ‘more than twice the minimum economic field size and in the proposed assumed development scenario, Selene would have a post-tax NPV10, net to Deltic, of $61M (50 pence/share equivalent)’. The shares are up 10% today, it should be masses more than that as a huge amount of value, created just by completing this stage of the process and the taking of initial steps for an actual development means that Deltic is pregnant with value. How this value is created could be in many ways, but right now and particularly post-FID, Deltic has many funding options and does not include going to the market for equity raising purposes. For example they will be able to negotiate an RBL, could partner with a trading operation for forward gas sales or even farm-down for cash and carry, any of these mean that shareholders will not get diluted for their equity. But at 5p a share it is a minimum of a 10 bagger in anyones money and should go a great deal higher, the upside in Deltic shares is huge. |
Posted at 31/10/2024 12:12 by mirabeau Malcy -'It is very good news that Deltic has announced a discovery at the Selene well and whilst it is at the lower end of expectations it is a material discovery at 131 BCF and the second biggest find in recent years after Deltic’s previous success at Pensacola. Recent wells in the SNS have been targeting much less (ie Baker prospect where drilling is ongoing is only c. 60 BCF and the Earn prospect was only c. 80 BCF pre-drill) so this still ranks highly and Selene should be considered a material and highly commercial find in anyone’s book. Perhaps more importantly the B-Sand reservoir quality is better than expected which is important and makes it 2/2 commercial discoveries. This gives Deltic enormous scope as post-well analysis continues and leaves the company with a number of options going forward. The value of Selene will now increase as FID approaches and with 25% Deltic has a strong position to work with, don’t forget there should be no need for a further well before then. It may decide, should there be interest at a good price, to farm-down part of that interest to leave them with a decent residual stake and be carried to first gas. As always CAPEX and OPEX are scaled in line with prospect size and reservoir quality, so with better B-Sand reservoir quality and recoverable resources concentrated in a smaller area, there will be a significantly simpler and potentially a more commercial development, for example instead of six wells being required it may be that just one or two would suffice. Finally, with anything more than 100 BCF of gas being a commercial discovery it is worth looking at the state of Deltic who are well placed to have much more scope to do other deals using the Selene find as currency. The shares do not reflect such a success and therefore I can see a great deal of upside once upside visibility becomes clearer.' |
Posted at 31/10/2024 10:35 by bri15 B4 they haven't struck oil as it's gas, plus don't worry about the share price as it's worth a lot more than present price, don't be surprised if Shell comes in with an offer to buy Delt out ot this discovery. |
Posted at 15/10/2024 06:46 by apotheki Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural ResourcesChief Executive Officer Change/Succession Deltic Energy Plc announces that Graham Swindells, the Company's Chief Executive Officer ("CEO"), has informed the board of his intention to step down as CEO, effectively immediately, and that he will be succeeded by Andrew Nunn, the Company's current Chief Operating Officer ("COO"). Andrew joined Deltic in 2014 and has been COO since 2015. Andrew is a geologist with over 25 years of experience working on exploration projects across Europe, Africa and Australasia. In his role as COO of Deltic, Andrew has led the successful development of the Company's exploration portfolio and has been instrumental in securing licences and multiple farm outs to world-class partners. Andrew was also key to the origination and maturation of the Pensacola discovery and the Selene prospect, where drilling operations are ongoing. Mark Lappin, Chairman of the Company, said: "Graham will leave with the profound thanks of the board for his commitment and contribution to Deltic over the last 11 years, initially as CFO and more recently as CEO. Under Graham's leadership, Deltic was transformed into a company with an attractive portfolio of licences along with world-class partners, positioning it at the forefront of UK exploration. I am delighted to confirm Andrew's appointment as Chief Executive Officer. The combination of his experience, knowledge and commercial acumen makes him the ideal person to take the business forward." Commenting, Graham Swindells said: "Despite the recent challenges presented by the UK's political and fiscal environment, I am proud of what we have achieved in establishing Deltic as one of the UK's leading explorers. As the team seeks to extract the maximum value from the existing UK asset base and rebuild a portfolio focussed outside of the UK, now is the appropriate time for me to hand over the role of CEO to Andrew who I have had the pleasure of working alongside for the last 10 years and believe is an outstanding successor." Andrew Nunn comments: "Graham has led Deltic through some of the toughest and most volatile times I've ever experienced in this industry. Our small team has delivered what would have been, at any other time in the industry's history, a company-making success with the Pensacola discovery. Deltic has the potential for a second major discovery at Selene where drilling operations are ongoing. Our progress to date has been carefully watched and recognised by our industry peers. We anticipate shortly announcing a series of measures to reduce the Company's overheads. It will then be our job to capitalise on that hard-earned reputation and credibility as we look further afield to find value for shareholders. The initial focus will be on identifying and accessing those opportunities which deliver immediate, or very near term, cash flow while we incubate those high-impact exploration opportunities that will always be part of Deltic's DNA." |
Posted at 27/9/2024 04:24 by ohisay Some good sense from Malcy.I want to just mention the settlement that Deltic has reached with its JV partners on Licence P2252, limiting the Company’s liabilities associated with withdrawal from licence P2252 to £1.9 million with payment of circa 50% of this amount deferred for a period of 24 months. This in my view could have been much worse and whilst in no way enough to make up for the loss, somehow makes up a little bit. Right now Deltic are well placed, carried at Selene and with cash of some £3.7m in the balance sheet can look forward to the drilling programme with significant optimism. Accordingly I think that the share price reaction to this very good RNS is way more than harsh, Deltic are in the middle of drilling a well in which it is fully carried and if it were to come in should be worth multiples of the current share price. There is no reason to believe that a price a great deal higher than this can be perfectly achievable so down c.40% today is quite ridiculous… Memo , Current market cap £4.3m/Current cash £2.7m. If its a duster of course all bets are off but it would be an extraordinary coincidence if it happened on results day. Not to mention it was seen as a 90 day well from the end of July. With a 70% COS to boot |
Posted at 30/4/2024 06:53 by ashkv It will not be worth the Share Price Discount to raise the same!!!Given Market Cap is only GBP 38mn - it would not fairly reflect Selene Drill, Cash and other assets contained within Deltic as any placing will be at a significant discount!!! This RNS is likely a precursor to a bottom barrel sale of the Pensacola asset - hopefully for values in the millions of GBP - though not reflecting the massive investment put in by Deltic shareholders and reflecting the discovery!!! I suppose Shell are also playing hardball and doing Deltic Energy dirty!!! As otherwise would have bought out Deltic share at a fair value rather than squeezing Deltic - BIG BAD SHELL!!! Squeezing PIs and a UK E&P Minnow!!!! Deltic CEO didn't impress me in his interviews and I should have sold on that basis!!! :( |
Posted at 17/4/2024 06:40 by apotheki Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural ResourcesFinal Results Deltic Energy Plc ("Deltic" or the "Company"), the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern North Sea ("SNS") is pleased to announce its audited results for the year ended 31 December 2023 ("FY 2023") and that it has released an updated corporate presentation. The corporate presentation is available on the homepage at the Company's website: www.delticenergy.com Highlights · Drilling of Pensacola prospect resulted in the largest discovery in the Southern North Sea in the last decade, at the upper end of our pre-drill estimates · RPS Energy Ltd ("RPS") independently assessed Pensacola on the basis of a combined gas and oil case, estimating a gross 2C contingent resource of 72.6 mmboe (21.8 mmboe net to Deltic) and in the gas only case gross 2C contingent resource of 50 mmboe (15 mmboe net to Deltic) · RPS also estimated a Post tax NPV10 in the combined case of $683m (gross) or $205m net to Deltic and $663m (gross) in the gas only case or $199m net to Deltic · Planning has progressed for a well to be drilled with Shell over the Selene gas prospect followed by an appraisal well for Pensacola in the second half of 2024 · Rig contract signed and structured such that both Selene and Pensacola will be drilled back to back using the Valaris 123, a heavy duty jack-up rig, expected to commence July 2024 · Success in 33rd UK Licensing Round · Cash position of £5.6 million at 31 December 2023 (2022: £20.4 million) with no debt · Net cash outflow for the year of £14.8 million (2022: inflow £10.3 million) mainly for funding Pensacola exploration drilling and other exploration investments · Completed a farmout of the Selene prospect to Dana Petroleum post-period end with Deltic fully carried for the estimated cost of the success case well Graham Swindells, Chief Executive of Deltic Energy, commented: "2023 was a transformational year for Deltic following the Pensacola discovery in the Southern North Sea in February. As one of the area's biggest discoveries in the past ten years, this was a fantastic result for the Company and is testament to the hard work carried out in the years leading up to this point. We continue to prepare for an appraisal well on Pensacola in Q4 this year, which I believe will take us a step closer towards commerciality. During 2023 we also continued to progress our equally significant Selene exploration prospect, culminating in an excellent farmout in early 2024. We are now in the enviable position of drilling two consecutive wells in the second half of the year, with two world class partners in Shell and Dana." "I am delighted with the progress that Deltic made in 2023 and firmly believe we can continue on this trajectory throughout 2024. The UK needs to bolster its security of energy supply more than ever and I believe that Deltic will play a key role in this." |
Posted at 26/2/2024 08:35 by apotheki Must say that I am loving the chart here at DELT - the DELT share price looks poised [like a coiled spring] to go higher much higher! |
Posted at 07/2/2024 15:50 by apotheki Canaccord Genuity lowers target price on Deltic Energy(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on exploration and development firm Deltic Energy from 185.0p to 160.0p on Wednesday following the recent farm-out of 25% of UK licence P2437. Deltic announced the farm-out to Dana Petroleum of a quarter of P2437, which contains the Selene exploration target scheduled to be drilled in Q3 24. Canaccord Genuity sees the transaction as "an excellent result" for Deltic as it retains a significant 25% interest in Selene while now being effectively fully carried for the upcoming well costs. "As a result, Deltic will have farmed out separately to two high-quality partners, first Shell and now Dana, a total of 75% of its original 100% interest in Selene. The outcome is that Deltic is now fully carried for its 25% share of the Shell estimated success case well cost of gross $47.0m (drilling and testing). Deltic expects this transaction to complete in the near future,"" said Canaccord, which reiterated its 'speculative buy' rating on the stock. The Canadian bank added that "much more important" than its mechanical target price change was the presence of "two excellent partners", noting that Deltic has effectively fully carried Selene well participation, and the company's "still significant 25% ownership", which provides "meaningful upside" in the success case and room for a further farm-down or outright sale in the future. |
Posted at 19/1/2024 07:32 by ashkv Hopefully share price doesn't go down with today's RNS!!! With the market reaction to JOG and CHAR farm-outs anything is possible. Perhaps some mention of AI should have been included in the RNS...Farm-out Process Update As previously communicated, Deltic continues to work on a number of potential options to both realise value and mitigate exposure to future drilling expenditure on both Pensacola and Selene and has received a significant level of interest. Deltic is continuing to engage with a number of different counterparties in relation to a range of potential transactions on both of these assets and looks forward to updating the market in due course. Graham Swindells, Chief Executive of Deltic Energy, commented: "RPS's validation of our technical assessment of the Pensacola discovery is another step forward for Deltic as we progress towards drilling the appraisal well in late 2024. In particular, we are pleased with the potential valuation that RPS ascribe to the discovery net to Deltic, particularly within the context of our current share price. It's clear that Pensacola is a regionally significant hydrocarbon accumulation and we will continue to work with our partners at Shell and ONE-Dyas to mature the opportunity and optimise the potential development scenarios as we go forward." |
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