Deltic Energy Plc (GB:DELT) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.
For further insights into GB:DELT stock, check out TipRanks’ Stock Analysis page.