Deltic Energy CEO Graham Swindells
Deltic retains exploration enthusiasm
The UK independent has successfully brought in partners and is gearing up to drill
Exploration has been something of a dirty word on the UK continental shelf (UKCS) in recent years. But AIM-listed explorer Deltic Energy is confident there is still economic oil and gas to find in the basin. And it can point to the persuasive power of its argument, having successfully completed farm-out deals with Shell in 2019 and with UK independent Capricorn Energy—then called Cairn—last year. Petroleum Economist spoke to Deltic CEO Graham Swindells to find out more about the attractions and challenges of growth via the drill bit. What drove the success of the Capricorn farmout? Swindells: What we have is a group of five contiguous licences stretching over the best part of 3,000km² of th
Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.
