Deltic Energy ends North Sea JV with Capricorn

Deltic Energy

27/07/2023 07:34

July 27 (Reuters) - UK North sea focused oil explorer
Deltic Energy  DELT.L  on Thursday said it will give up three of
the five licences it held with Capricorn Energy  CNE.L  in
Southern North Sea after the latter's decision to cease all
operations outside Egypt. 
    Deltic said it will continue to operate the remaining two
licenses on its own. 
    
 
    
    

 (Reporting by Prerna Bedi in Bengaluru; Editing by Nivedita
Bhattacharjee)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))