Bigstone Montney-centered Delphi Energy Corp. (ticker: DEE) is hoping to grow its production to approximately 22,000 BOEPD by 2019. During the first quarter of 2017, Delphi produced 8,198 BOEPD, 40% of which was condensate or natural gas liquids. Delphi also succeeded in increasing condensate and liquids yields from its rich-gas sources—up to 130 barrels per million cubic feet in Q1,
Delphi Energy adds 22.5 sections in the greater Bigstone area Calgary-based Delphi Energy (ticker: DEE) announced the acquisition of 22.5 sections of Monteny assets contiguous to its current land holdings as the company looks to continue expanding in the region. The assets, which are in the southern end of the play, bring Delphi’s total holdings to 165.5 gross (109.6 net)
CALGARY, ALBERTA–(Marketwired – Nov. 3, 2015) – Delphi Energy Corp. (TSX:DEE) (“Delphi” or the “Company”) is pleased to report that it has closed the previously announced disposition of its working interests in producing properties, facilities and infrastructure and undeveloped land in the greater Hythe area for proceeds of $12.0 million. Disposition Details of the divested assets are as follows: Production
CALGARY, ALBERTA–(Marketwired – Oct. 8, 2015) – Delphi Energy Corp. (TSX:DEE) (“Delphi” or the “Company”) is pleased to provide the following operational update. Delphi continues to improve upon its superior capital efficiencies at Bigstone through successful innovation of its slickwater frac design, resulting in both material cost savings and improved well productivity. Delphi’s 100 percent working interest 14-30-60-22W5M Montney well
Delphi Energy Reports Second Quarter Results CALGARY, ALBERTA–(Marketwired – Aug. 10, 2015) – Delphi Energy Corp. (“Delphi” or the “Company”) (TSX:DEE) is pleased to announce its operational and financial results for the quarter ended June 30, 2015. Second Quarter 2015 Highlights Produced an average of 10,210 barrels of oil equivalent per day (“boe/d”) in the second quarter of 2015, a
Delphi Energy Announces Closing of Disposition of Wapiti Assets Delphi Energy Corp. (TSX:DEE) (“Delphi” or the “Company”) is pleased to report that it has closed the previously announced disposition of its working interests in producing properties, facilities and infrastructure and undeveloped land in the greater Wapiti area for $50.0 million, after closing adjustments. The Company’s growth over the past three
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