NEWSFLOW

Deltic Energy (#DELT) – “significant gas and oil discovery at Pensacola”

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Deltic is a big gamble on well testing outcome - but I can see why some are taking the risk due to the upside if successful

Deltic Energy (DELT) is now at a juncture where the next couple of weeks will either see it become a huge success, or like so many in the oil and gas sector before it, will become just another story of ‘what could have been’ had it had more luck with the drill bit.

NEWSFLOW

Deltic Energy (#DELT) – open offer raises £0.96m at 3.5p per share, taking total to £15.96m

NEWSFLOW

Deltic Energy (#DELT) – £15m equity raise at 3.5p per share, up to £2m open offer

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Deltic Energy offers upside exposure to drilling without taking any crazy risks - speculative buy

A real buzz seems to have returned to the oil and gas sector in recent times and with commodity prices at their strongest for several years, and that even seems to be trickling down to the lower end of the market and the explorers now with some shares on a real rip.

NEWSFLOW

Deltic Energy (#DELT) – firm contingent well commitment on Pensacola prospect

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Deltic Energy – Another month, another potential offer!

It was only back in July that Reabold Resources (RBD), made an initial approach to take-over Deltic Energy (DELT). I did not like this proposal at all and concluded Reabold should just sod off, which it would appear it did, at least so far. On Friday Independent Oil &Gas (IOG) confirmed it was considering a take-over approach for Deltic. Once again I find myself questioning the very idea of a takeover.