Delphi Energy: an undrawn bank line and $80 million liquidity to continue to develop the Bigstone Montney asset
At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Delphi Energy (ticker: DEE) President & CEO David Reid.
Delphi has the capability to grow production at its Bigstone Montney asset to 22,000 BOEPD by 2019 utilizing the existing major infrastructure. Delphi has developed Bigstone with extended reach horizontal wells and slickwater fracing technologies.
- East Bigstone – development / manufacturing stage
- West Bigstone – industry activity greatly derisking the region
- South Bigstone – extensive exploration opportunity for expansion
Delphi’s drilling program is moving west into the ultra-rich condensate region.
View Delphi Energy’s EnerCom Conference presentation webcast here.
View Delphi Energy’s conference slide deck here.