03:43 AM EDT, 10/05/2026 (MT Newswires) -- Orcadian Energy (ORCA.L) mutually agreed to terminate a nonexclusive joint development agreement with an offshore data centre infrastructure developer based in the US. The low-emissions oil and gas exploration and development company said Monday that the scope and timeline of the Earlham development did not fit well with the potential partner's near-term deployment priorities. Neither party is required to make any termination payment as the exclusivity option outlined in Orcadian's Sept. 2 announcement was not exercised.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.