– UK, London – Deltic Energy Plc (LON: DELT), the AIM-quoted natural resources investing company with a high impact, natural gas focussed exploration and appraisal portfolio in the Southern North Sea, today announced the appointment of Peter Nicol to its Board as Non-Executive Director with immediate effect.
“We are delighted to welcome Peter to the Board of Deltic. Throughout his career Peter has worked with and advised numerous exploration companies and his wealth of energy, financial, city and public company experience will be invaluable to Deltic as we progress to the next stage in our development. We look forward to working with Peter and benefitting from his strategic counsel as we continue to build on our partnerships with Shell and Cairn and progress our conveyor belt of highly prospective gas focussed assets which will be an invaluable domestic source of gas for the UK as it continues its path through the energy transition towards net zero.” said CEO, Graham Swindells.
About
Peter Nicol has 40 years of experience in the energy sector both in industry and in senior investment banking positions. He was previously Head of Oil and Gas Research at GMP Securities Europe and prior to that held positions including Global Sector Director of Oil and Gas Research at ABN Amro and Head of European Oil and Gas Research at Goldman Sachs.
Peter Nicol has worked with several small-medium cap oil and gas companies and is currently an independent non-executive director of exploration focussed companies Touchstone Exploration Inc. and Eco (Atlantic) Oil & Gas Ltd, both of which are AIM quoted and dual listed in Canada. He is also an independent director of ERC Equipoise Limited, the independent energy consultancy.
Peter started his career with British National Oil Corporation in various commercial roles and holds a Bachelor of Science in mathematics and economics from Strathclyde University.
About Deltic Energy
Deltic has created a strategically located portfolio of high-quality gas exploration licences in the Southern North Sea over several licensing rounds. These licences are located in areas that have been underexplored despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on to be developed and could provide ready access to export infrastructure for future developments on Deltic’s licence acreage.
For more information : https://www.delticenergy.com/
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