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UK Regulator Clears NEO NEXT+ Energy's Purchase of Deltic Energy

MT Newswires·07/24/2026 04:37:17
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04:37 AM EDT, 07/24/2026 (MT Newswires) -- Deltic Energy (DELT.L) said Friday that the UK's North Sea Transition Authority approved the company's planned acquisition by NEO NEXT+ Energy, satisfying one of the conditions for the deal. The upstream oil and gas company's recommended cash offer for UK-listed natural resources investor, agreed in May, remains subject to other conditions and is expected to be completed on Aug. 14.