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6 stories mentioning DELT.LUpdated 9d ago

Every FINWIRES story that references DELT.L, newest first.

Equities

Blue Concept Faces Final Deadline on Deltic Energy Takeover Offer

The UK's Takeover Panel ruled that Norwegian company Blue Concept has until June 17 to either make a firm offer for natural resources investor Deltic Energy (DELT.L) or walk away, according to a Tuesday filing.In April, three companies, Capricorn Energy (CNE.L), Mohammed Al Barwani LLC unit Petrogas International E&P Coöperatief, and Blue Concept, separately approached Deltic Energy regarding possible cash takeover offers.However, Deltic Energy agreed to be acquired by UK-based upstream oil and gas business NEO NEXT+ Energy. Capricorn Energy and Petrogas have already withdrawn their plans.

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Equities

Petrogas International E&P Foregoes Potential Takeover Bid for Deltic Energy

Deltic Energy (DELT.L) said Wednesday that Petrogas International E&P confirmed it has no intention to make a takeover offer for the natural resources investor.Deltic announced in May that it agreed to a recommended cash acquisition by oil and gas producer Neo Next+ Energy. Prior to the acquisition announcement, Deltic had been in talks with Petrogas and other parties for a potential takeover of the company.

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Equities

Deltic Energy Receives $1 Million Payment from Dana Petroleum

Deltic Energy (DELT.L) said Wednesday it received a payment of $1 million from UK-based Dana Petroleum for costs incurred by the former under the farm-out of a 25% interest in License P2437.The AIM-listed natural resources investor will use the proceeds for its ongoing working capital requirements.

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Equities

Capricorn Energy Abandons Deltic Takeover Plans

Capricorn Energy (CNE.L) said Tuesday that it does not plan to make an offer for natural resources investment company Deltic Energy (DELT.L)The energy production company added that it retains the right to waive the restrictions under UK regulations in case of an agreement with Deltic Energy's board, if a third party announces a firm intention to make an offer, a reverse takeover by the company, or any material change of circumstances.

$CNE.L$DELT.L
Equities

Deltic Energy Repays RockRose Energy Loan

Deltic Energy (DELT.L) repaid the entire amount outstanding under its term loan facility with RockRose Energy, according to a Monday filing.The natural resources investor signed the facility in June 2025.

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Equities

NEO NEXT+ Energy to Acquire Deltic Energy in GBP7 Million Cash Deal

Deltic Energy (DELT.L) agreed to a recommended 7.2 million-pound-sterling cash acquisition by the UK-based upstream oil and gas business NEO NEXT+ Energy at 0.077 pounds per share.Under the deal, NEO NEXT+ will acquire the entire issued and to be issued share capital of the natural resources investor on a fully diluted basis, according to a Thursday filing.The offer represents a 156.7% premium, and NEO NEXT+ has agreed to provide an up to 2.9 million-pound bridging loan to Deltic to refinance existing debt.

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