Finance News Oil & Gas

Deltic confirms Blue Concept exit from possible offer

Deltic Energy plc said its potential Norwegian purchaser Blue Concept Hld AS did not intend to make an offer for the company. SELENE The news follows Neo Next+ Energy Upstream UK Ltd’s £7.2 million cash offer on 7 April 2026 for the UK North Sea-focused explorer. The sale is expected to become effective during the […]

Finance News Oil & Gas

Deltic confirms Petrogas exit from possible offer

Deltic Energy plc said that Petrogas International E&P Coöperatief U.A. had confirmed it did not intend to make an offer for the UK North Sea-focused company. TALKS Deltic has been under a £7.2 million cash offer since 7 May from Neo Next+ Energy Upstream UK Ltd. Petrogas’ withdrawal follows Capricorn Energy plc’s announcement on 19 […]

Finance News Oil & Gas

Deltic in talks for three possible cash offers

Deltic Energy plc said it was in discussions on possible cash buyout offers from three separate companies. SELENE The company has been approached by Capricorn Energy plc, which is itself under a possible offer; Petrogas International E&P Coöperatief U.A., a subsidiary of Oman-based Mohammed Al Barwani LLC (MB); and private Norwegian firm Blue Concept Hld […]