18th May 2026 13:31
Deltic Energy PLC - London-based investment firm with an exploration and appraisal portfolio in the southern and central North Sea - Says it has drawn down the full GBP2.9 million available through its term loan facility with Neo Next+ Energy Upstream UK Ltd, which it entered on May 7 in connection with its recommended cash acquisition by Neo Next+. The agreed acquisition was also announced on May 7, with the companies noting that it already had support from shareholders representing 23.0% of the total. North Sea exploration investor Neo Next+ was formed when Aberdeen, Scotland-based Neo Next Energy Ltd merged with TotalEnergies SE's UK upstream oil and gas business. Read More
