Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Receipt of payment from Dana Petroleum

27th May 2026 07:00

RNS Number : 7691F
Deltic Energy PLC
27 May 2026
 

 

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

 

27 May 2026

 

 

 

Deltic Energy Plc ("Deltic" or "the Company")

Receipt of payment from Dana Petroleum (E&P) Limited

 

 

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, announces that it has received a payment of US$1.0m (£738,561.62) (the "Payment") from Dana Petroleum (E&P) Limited ("Dana") relating to costs incurred by Deltic and repayable by Dana pursuant to the farm-out of the 25% interest in Licence P2437, containing the Selene Prospect, first announced on 7 February 2024.

 

The funds from the Payment will be used for Deltic's ongoing working capital requirements.

 

**ENDS**

 

For further information please contact the following:

 

 

Deltic Energy Plc

 

Tel: +44 (0) 20 7887 2630 

Andrew Nunn / Sarah McLeod

 

Allenby Capital Limited (Nominated Adviser)

Tel: +44 (0) 20 3328 5656

David Hart / Alex Brearley (Corporate Finance)

 

Canaccord Genuity Limited

 

Tel: +44 (0) 20 7523 8000

Adam James

 

 

Vigo Consulting (IR Adviser)

 

Tel: +44 (0) 20 7390 0230

Patrick d'Ancona

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STRBLGDUBBDDGLL

Related Shares:

Deltic Energy
FTSE 100 Latest
Value10,345.98
Change-27.53