Deltic Energy Expands North Sea Holdings

Deltic Energy Plc (GB:DELT) has released an update.

Deltic Energy Plc has been provisionally awarded two licences encompassing eight blocks in the North Sea, marking a significant expansion of their exploration territory. The company, focusing on the Southern and Central North Sea, now holds a 100% equity position in a mix of newly discovered fields and low-risk exploration prospects. Deltic is evaluating the awards in the context of the current fiscal and political climate to decide on their acceptance in alignment with shareholder interests.

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