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Deltic Energy ( (GB:DELT) ) has provided an update.
Deltic Energy PLC has announced an update regarding its acquisition by RockRose Energy Limited, a subsidiary of Viaro Energy Limited. The acquisition, initially agreed upon in June 2025, is facing delays due to the North Sea Transition Authority’s requirement for further information before consenting to a change in control of Deltic’s exploration licenses. As a result, the completion deadline has been extended to March 2026. Despite the setback, Deltic’s board remains confident that the acquisition is in the best interest of its shareholders and stakeholders.
The most recent analyst rating on (GB:DELT) stock is a Buy with a £34.00 price target. To see the full list of analyst forecasts on Deltic Energy stock, see the GB:DELT Stock Forecast page.
More about Deltic Energy
Deltic Energy PLC is a company involved in the oil and gas industry, focusing on exploration and production activities, particularly in the UK’s North Sea region.
Average Trading Volume: 241,571
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.91M
For a thorough assessment of DELT stock, go to TipRanks’ Stock Analysis page.