Acquiring Company
NEO NEXT+ Energy
Acquired Company
Deltic Energy
Description
NEO NEXT+ Energy Upstream UK is moving forward with its acquisition of Deltic Energy after Deltic repaid its debts. The acquisition, valued at approximately £7.2 million, involves a proposed offer of 7.7p per share for Deltic. This progression follows a failed bid by RockRose Energy. The deal significantly enhances NEO NEXT+’s position in the North Sea energy sector.
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Based on deal dataFrequently asked
Who acquired Deltic Energy?
Deltic Energy was acquired by NEO NEXT+ Energy, based in Greater London. The deal was reported on May 18, 2026. NEO NEXT+ Energy is a company that has consolidated its operations by combining NEO Energy and Repsol Resources UK. The company primarily focuses on energy production in various sectors, including oil and gas. NEO NEXT+ Energy is privately held and operates in Energy.
When did NEO NEXT+ Energy acquire Deltic Energy?
NEO NEXT+ Energy's acquisition of Deltic Energy was reported on May 18, 2026. NEO NEXT+ Energy Upstream UK is moving forward with its acquisition of Deltic Energy after Deltic repaid its debts. The acquisition, valued at approximately £7.2 million, involves a proposed offer of 7.7p per share for Deltic. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Deltic Energy do?
Deltic Energy is an oil and gas exploration company based in the UK. The company primarily focuses on unlocking and developing its portfolio of assets in the North Sea. It is privately held, operating in Energy, and is based in London.