Deltic Energy plc is an exploration company focused on oil and gas in the UK, particularly in the Southern and Central North Sea. It holds significant ownership stakes in various licenses, including the Selene gas project, where it has a 25% working interest. Deltic's business model involves drilling and developing hydrocarbon resources, with revenue generated from the production and sale of oil and gas. The company collaborates with joint venture partners, including Shell and Dana Petroleum, to advance its projects and navigate the regulatory landscape in the UK energy sector.