Question 1

Which regulator approved the change of control underpinning Deltic Energy’s NEO NEXT+ cash acquisition?

Accepted Answer

The section states that an oil-and-gas regulator approved the change of control underpinning Deltic Energy’s NEO NEXT+ cash acquisition, enabling progression toward takeover completion.

Question 2

How much did Deltic Energy receive from Dana Petroleum for the Selene farm-out?

Accepted Answer

Deltic Energy received US$1.0m (£738,561.62) from Dana Petroleum relating to costs repayable under the farm-out arrangement for the Selene field.

Question 3

When did Deltic Energy say the High Court sanction hearing is scheduled for the NEO NEXT+ scheme of arrangement?

Accepted Answer

Deltic Energy said the High Court Sanction Hearing is scheduled for 13 August 2026, with the scheme expected to become effective on 14 August 2026.

Question 4

What is Deltic Energy’s interest in the Selene field in the Southern North Sea?

Accepted Answer

Deltic Energy holds a 25% non-operated interest in the Selene field in the Southern North Sea (UKCS), which is at the discovery / pre-development appraisal stage.

Question 5

Has Deltic Energy said the NEO NEXT+ cash acquisition has cleared the North Sea Transition Authority change-of-control approval?

Accepted Answer

Yes. On 24 July 2026, Deltic Energy said the NEO NEXT+ cash acquisition cleared the North Sea Transition Authority change-of-control approval, removing a key shareholder uncertainty.

Question 6

What does Deltic Energy list as the remaining hurdle for its scheme completion?

Accepted Answer

Deltic Energy lists the High Court sanction approval as one of two outstanding conditions for scheme completion, targeted for 13 August 2026.

Timeline

Deltic Energy

Deltic Energy clears NSTA hurdle in NEO NEXT+ takeover

Deltic Energy receives US$1m from Dana Petroleum under Selene farm‑out

NEO NEXT+ agrees recommended 7.7p a share cash takeover of Deltic Energy

Deltic Energy says three parties in talks over possible cash offers

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