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Deltic Energy says new farm-out deal for Selene well is transformative

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–News Direct–

Deltic Energy PLC CEO Graham Swindells joined Proactive's Stephen Gunnion with details of a transformative farm-out deal for its upcoming Selene exploration well in the North Sea with Dana Petroleum.

The deal sees Dana taking 25% and join the Shell-operated venture. Swindells said the collaboration is pivotal, as Dana, backed by the Korean National Oil Company, brings a wealth of experience and a successful track record in exploration, particularly in the southern North Sea. Its involvement not only validates the potential of the prospects for Selene but also leverages its expertise in similar operational fields.

Selene, the largest unappraised structure in its class within the southern North Sea, boasts significant prospective resources estimated at 318 BCF, equating to over 50 million barrels of oil, with a high 70% chance of success, reflecting its low-risk, high-reward nature.

Swindells noted that progress on the Selene prospect is advancing smoothly, with site surveys completed and drilling schedules confirmed, setting a thrilling exploration timeline for July, followed by the company's Pensacola well. Moreover, Deltic is actively progressing the farm-out process for Pensacola, indicating a robust interest level and ongoing discussions for potential partnerships.

Looking ahead, Deltic anticipates a busy year with further updates on drilling, licensing rounds, and portfolio expansion, aiming to significantly enhance shareholder value through strategic exploration and operational excellence.

Contact Details

Proactive UK Ltd

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/deltic-energy-says-new-farm-out-deal-for-selene-well-is-transformative-562993436

Deltic Energy PLC

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NPC Trading Platform to Introduce New Assets, Enhancing Liquidity in Matching Transactions

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NPC Neutral Financial Inclusive Platform is set to introduce multiple major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and TRON (TRX). This move significantly expands the platform’s trading options while offering users more diversified investment choices and higher asset liquidity. As a key player in the global DeFi sector, this step marks NPC’s firm progress toward becoming the central hub for full-chain liquidity.

Upgrading the DeFi Trading Experience

The introduction of these new assets is primarily supported by NPC’s advanced matching engine. This engine utilizes efficient parallel computing and memory optimization technologies, supporting millions of transactions per second (TPS). This ensures that users experience the highest transaction speeds and efficiency. Even during periods of extreme market volatility, the platform can guarantee smooth execution, ensuring users never miss any trading opportunities.

NPC Team stated, “We are constantly striving to create a more comprehensive and user-friendly DeFi platform. By introducing these leading assets, we are enriching our ecosystem and laying a solid foundation to establish ourselves as the hub for full-chain liquidity. Looking forward, we will continue to bring in more high-quality assets, further enhancing the platform’s competitiveness.”

Empowering Users with AI-Powered Trading

In addition to the new assets, NPC is also integrating advanced AI technology. NPC’s AI-powered trading and analytical tools are fully embedded into the platform, allowing users to execute trading strategies automatically, monitor market trends in real-time, and receive risk alerts. With these smart tools, users can manage their investments more efficiently and accurately, significantly improving the security and value of their assets.

The NPC team added, “AI not only boosts users’ trading efficiency but also ensures their safety in complex market environments. Our AI system provides real-time monitoring and risk warnings, ensuring every user can enjoy a secure and reliable trading environment.”

Future Outlook: Introducing More Assets, Creating a Global Liquidity Hub

As the platform continues to grow, NPC will introduce more mainstream assets and innovative financial tools. By further optimizing the intelligent matching engine and enhancing AI capabilities, NPC ensures that users have access to the best investment opportunities in the market. NPC’s goal is to become an indispensable liquidity hub in the global DeFi market, empowering users, businesses, and communities, and driving the growth of decentralized finance worldwide.

The successful introduction of these major assets not only strengthens NPC’s leading position in the global DeFi market but also lays a solid foundation for the onboarding of more assets and global expansion. With continuous technological innovation and market development, NPC is set to become the preferred decentralized financial services platform for users worldwide.

NPC is a leading decentralized financial platform, committed to providing more equitable, transparent financial services to users worldwide through decentralized technology. The platform supports multi-chain integration and efficient transaction matching, offering AI-powered trading and analytics to help users achieve secure, fast cross-chain asset trading. As the platform continues to expand, NPC is on its way to becoming the central hub for full-chain liquidity in the global DeFi ecosystem.

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Estake Holding: Redefining the Future of Digital Bond Holding and Sustainable Investments

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Belgium, UK, 18th October 2024, ZEX PR WIRE, Estake Holding is at the forefront of transforming the landscape of digital bond holding, combining traditional bonds with cutting-edge decentralized technologies. Our mission is to enhance accessibility, foster community engagement through decentralized governance, and create a transparent, innovative financial ecosystem. With a focus on maximizing financial opportunities for our participants, Estake Holding is driving innovation in the world of electronic bonds.

Our investment portfolio spans across diverse and high-potential markets, including Gold Mining, Real Estate, Forex, Digital Assets, and Hedge Funds. This unique blend of traditional and emerging sectors allows us to manage risk strategically while delivering exceptional returns for our clients. At Estake, we prioritize sophisticated financial strategies and fully managed, high-yield investment products designed to cater to a range of risk appetites.

Key Highlights:

  • Partnerships with Industry Leaders: Estake Holding has established strong partnerships with top players in the gold mining and real estate sectors, expanding its reach and creating new opportunities for growth.
  • Decentralized Governance: Through decentralized technologies, we aim to foster a community-driven environment where participants are empowered to engage and contribute meaningfully.
  • Innovation in Digital Bonds: We are leading the charge in modernizing the financial ecosystem by integrating digital bonds with blockchain technologies, ensuring transparency and security for investors.
  • Focus on Sustainability: Our investments are also aligned with sustainable development goals, as seen in our affordable housing projects and smart city initiatives, where we use innovative technologies such as prefabrication, 3D printing, and sustainable building practices.
  • WeMarket E-commerce Platform: Estake has introduced WeMarket, a next-generation e-commerce platform designed to revolutionize online shopping. This Web and App-based marketplace empowers solopreneurs and franchisees with seamless, automated operations for scalable business ventures.
  • Anti-Counterfeit Solutions: We are also addressing critical industry challenges by offering WeCheck, a blockchain-powered solution for eliminating counterfeit products, ensuring that customers only receive genuine items.

Through these initiatives, Estake Holding continues to build a robust and balanced investment portfolio, fostering long-term financial growth while contributing positively to the global community. We are committed to delivering high-quality, sustainable solutions across industries, with a focus on innovation, efficiency, and community engagement.

For more information, visit Estakebond.com and join us in shaping the future of digital bond holding.

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The Way to Happiness Association of Tennessee Promotes Positive Values at Back In School Festival

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Nashville, Tennessee, 18th October 2024, ZEX PR WIRE, The Way to Happiness Association of Tennessee participated in the recent Back In School festival in the Edgehill neighborhood, engaging local youth with positive and practical life principles from The Way to Happiness common-sense moral code. The festival, which attracted families and students preparing for the school year, provided an ideal platform to share key messages about leading an ethical and fulfilling life.

Volunteers from the association distributed booklets and engaged with young people, encouraging them to apply precepts such as “Honor and Help Your Parents,” “Set a Good Example,” and “Seek to Live with the Truth.” These timeless values, drawn from the non-religious guidebook, aim to inspire youth to make responsible decisions and positively impact their families and communities.

“We believe in equipping young people with the tools to build a better future,” said a representative of The Way to Happiness Association of Tennessee. “The principles in The Way to Happiness provide clear guidance on how to lead a moral life, one rooted in kindness, integrity, and respect.”

With growing concerns about youth facing challenges such as peer pressure and social influences, The Way to Happiness serves as a helpful resource for students to navigate these issues successfully. Precepts like “Set a Good Example” empower young people to take leadership roles within their social circles, while “Seek to Live with the Truth” reinforces the importance of honesty in building trust and lasting relationships.

The Back In School festival was an opportunity for The Way to Happiness Association to engage with local youth and their families, inspiring a renewed commitment to positive moral values as they head into the new school year. The association continues its work throughout Tennessee, participating in community events and initiatives aimed at improving the well-being of individuals and communities through the application of these universal principles.

For more information about The Way to Happiness Association of Tennessee, visit TWTH.org.

About The Way to Happiness

The Way to Happiness is a non-religious moral code based entirely on common sense. Written by author and humanitarian L. Ron Hubbard, the booklet provides 21 principles that offer a guide to a happier, more ethical life. It has been translated into 117 languages, with over 100 million copies distributed in 186 nations.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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