Deltic Energy PLC appoints former Goldman Sachs and ABN Amro man as non-executive director

Deltic Energy PLC (AIM:DELT), a UK based oil and gas exploration business which invests in the UK’s hydrocarbon provinces, has today announced the appointment of Peter Nicol as a new non-executive director.

Nicol, who has 40 years of industry experience in both the energy and investment sectors, joins Deltic with immediate effect.

He previously held positions as head of European oil and gas research at Goldman Sachs (NYSE:GS), global sector director of oil and gas research at ABN Amro and his most recent position was head of oil and gas research at GMP Securities Europe.

Nicol has worked with several small and mid-cap oil and gas companies, with current roles including independent non-executive director role of exploration focussed companies Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) and Eco (Atlantic) Oil & Gas Ltd, both of which are AIM quoted.

Graham Swindells, chief executive of Deltic said, “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.”