Company Moves Finance News Oil & Gas

Hartshead sold to ACAM

Hartshead Resources NL shares have been sold and transferred to ACAM GP Ltd as from 23 June 2026. PORTFOLIO The Australian company’s portfolio includes ownership and operatorship of licence P2670, containing five blocks, in the UK Southern Gas Basin. In May 2023, Hartshead farmed out 60% of the licence to Viaro Energy subsidiary, RockRose Energy […]

Finance News Oil & Gas

Deltic agrees £7.2m cash sale to Neo Next+

Deltic Energy plc has agreed to a £7.2 million cash sale of its assets, notably its 25% interest in the Selene prospect, to the UK North Sea’s largest oil and gas producer, Neo Next+. QUALITY Each Deltic share will be sold at 7.7 pence in cash, which represents a premium of 156.7 % to the […]

Legal News Oil & Gas

Deltic’s sale to Viaro again deferred

Deltic Energy plc’s £6.9 million sale to the Viaro Group faces further delays, after the industry regulator deferred its decision until late March 2026, and without committing to a definite date. UNCERTAINTY The transaction with Viaro’s main operating subsidiary, RockRose Energy Ltd, was initially deferred in December 2025, after the North Sea Transition Authority asked […]

Finance News Oil & Gas

Deltic extends £1.5m payment date to Shell

Deltic Energy plc has secured an extension to the payment date of money, totalling £1,530,320, owed to Shell UK Ltd. SALE The figure comprises the sums accrued to Deltic over the UK southern North Sea Selene exploration well from April to October 2025, and any further sums after October 2025.  The payment date has been […]

Company Moves News Oil & Gas

Rockhopper appoints Richard Slape as NED

Rockhopper Exploration plc has appointed Richard Slape to the board as a non-executive director, with immediate effect. His appointment comes as senior independent director Alison Baker’s retirement from the board at the next general meeting, expected in June 2026. “I would like to thank Alison for her unstinting support and contribution to the company’s progress […]

News Oil & Gas

Deltic sale expected in final quarter of 2025

Deltic Energy plc expects the £6.9 million sale of the company to Viaro Group to take place early in the fourth quarter of this year, subject to remaining conditions. LONG STOP The company’s shareholders approved the cash offer, by way of a court-sanctioned scheme, by 96.16% against 3.84%, at a general meeting on 28 August. […]