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Selene Deferred Payment Agreement

3rd Feb 2026 13:00

RNS Number : 5496R
Deltic Energy PLC
03 February 2026
 

 

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

 

3 February 2026

 

 

 

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

Selene Deferred Payment Agreement

 

 

Further to Deltic's announcement on 12 December 2025, the Company announces that it has agreed with Shell U.K. Limited ("Shell") an extension to the payment date of amounts owed to Shell by Deltic in relation to: (i) in aggregate, £1,530,320, being the sums that have accrued to Deltic's account in relation to the successful Selene exploration well from April 2025 to October 2025; and (ii) any further sums accruing to Deltic in relation to Selene after October 2025 (together the "Deferred Amounts"). 

 

The payment date of the Deferred Amounts has now been deferred to 27 May 2026, although Deltic may request extensions of this date for up to a further six months, with the decision to grant any such extensions being at Shell's sole discretion. 

 

 

**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

 

 

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END
 
 
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