UK independent Deltic Energy will target investments in the US and Africa amid tightening UK North Sea returns, chief executive Andrew Nunn told Upstream on Tuesday. The UK government announced ...

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Hornby has confirmed it has reached a conditional agreement to sell one one of its model vehicle brands, Oxford Diecast, to a company owned by the Thanet firm’s former chief executive. It says ...

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Deltic Energy expects to reach a final investment decision on its Shell-operated Selene discovery within two years, chief executive Andrew Nunn told Upstream on Tuesday. On 30 October, Deltic ...

Image by Kanoke_46 via iStock North Sea-focused investing company Deltic Energy Plc has confirmed the presence of gas at the Selene prospect in the United Kingdom (UK) Southern North Sea.

Hornby has agreed to sell off a loss-making subsidiary which makes Oxford Diecast models. Shares in the scale models group rose after it confirmed the deal, which comes as part of a strategy to ...

Hornby has agreed the sale of a loss-making business as part of strategic efforts to return the model train maker to profitability. The group told shareholders on Tuesday it would sell Oxford ...

A model engineer looks at a Hornby Pullman model train at the London Model Engineering Exhibition at Alexandra Palace, London. Hornby, the international models and collectables group advised by ...

Hornby is selling its loss-making Oxford Diecast model car brand for 1.38 million pounds ($1.8 million) as part of a streamlining of the business and as it focuses on its Corgi brand within the ...

Indeed, at another time or if their assets were located in another country, the team at Deltic Energy would currently be sitting on a much more substantial valuation. At around 6p per share ...

Because contractually Deltic own a 25% share in Selene. If they want a quarter of the Cashflows associated with the discovered gas they are working on, they would need to pay up. Deltic going bust ...