REG - Deltic Energy PLC - Selene Deferred Payment Agreement

Deltic EnergyAnnouncement

03/02/2026 13:00

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RNS Number : 5496R  Deltic Energy PLC  03 February 2026

 

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

 

3 February 2026

 

 

 

Deltic Energy Plc ("Deltic" or "the Company")

Selene Deferred Payment Agreement

 

 

Further to Deltic's announcement on 12 December 2025, the Company announces
that it has agreed with Shell U.K. Limited ("Shell") an extension to the
payment date of amounts owed to Shell by Deltic in relation to: (i) in
aggregate, £1,530,320, being the sums that have accrued to Deltic's account
in relation to the successful Selene exploration well from April 2025 to
October 2025; and (ii) any further sums accruing to Deltic in relation to
Selene after October 2025 (together the "Deferred Amounts").

 

The payment date of the Deferred Amounts has now been deferred to 27 May 2026,
although Deltic may request extensions of this date for up to a further six
months, with the decision to grant any such extensions being at Shell's sole
discretion.

 

 

**ENDS**

 

 

For further information please contact the following:

 

 Deltic Energy Plc                                                                    Tel: +44 (0) 20 7887 2630

 Andrew Nunn / Sarah McLeod

 Allenby Capital Limited (Nominated Adviser)                                          Tel: +44 (0) 20 3328 5656
 David Hart / Alex Brearley (Corporate Finance)

 Canaccord Genuity Limited                                                            Tel: +44 (0) 20 7523 8000
 Adam James

 Vigo Consulting (IR                                                                  Tel: +44 (0) 20 7390 0230
 Adviser)

 Patrick d'Ancona

 

 

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