Delphi Energy Corp.

Delphi Energy Corp. is pleased to announce the completion of the previously disclosed restructuring which was implemented pursuant to a plan of compromise and arrangement under the Companies’ Creditors Arrangement Act and the Canada Business Corporations Act . The Plan was sanctioned by order of the Court of Queen’s Bench of Alberta under the CCAA granted on September 11, 2020. Pursuant to the restructuring, among other [...]

Delphi Energy Corp. announces that it has obtained an order from the Court of Queen’s Bench of Alberta granted in Delphi’s proceedings under the Companies’ Creditors Arrangement Act extending the stay period to October 30, 2020. Additional Information Delphi and certain of its subsidiaries were granted an initial order and protection under the CCAA on April 14, 2020. PricewaterhouseCoopers Inc. has been appointed by the [...]

Delphi Energy Corp. is pleased to announce that the previously announced plan of compromise and arrangement of the Company, Delphi Energy Limited and Delphi Energy Partnership under the Companies’ Creditors Arrangement Act and the Canada Business Corporations Act was sanctioned today by order of the Court of Queen’s Bench of Alberta under the CCAA. Implementation of the Plan remains subject to the satisfaction or waiver [...]

Delphi Energy Corp. is pleased to announce that, at creditors’ meetings held today, Delphi’s creditors approved the previously announced plan of compromise and arrangement of the Company, Delphi Energy Limited and Delphi Energy Partnership under the Companies’ Creditors Arrangement Act and the Canada Business Corporations Act. Approval of the Plan At the Meetings, 100% of the votes cast by beneficial holders of Delphi’s [...]

Delphi Energy Corp. announces that it has filed its interim financial statements and related management’s discussion and analysis for the three and six months ended June 30, 2020 with the Canadian securities regulatory authorities on SEDAR. About Delphi Energy Corp. Delphi Energy Corp. is an industry-leading producer of liquids-rich natural gas. The Company has achieved top decile results through the development of our [...]

Delphi Energy Corp. announces that Delphi has obtained orders from the Court of Queen’s Bench of Alberta today in connection with its restructuring efforts under the Companies’ Creditors Arrangement Act and its previously announced proposed plan of arrangement and compromise under the CCAA. Copies of these orders are available on the monitor’s website at http://www.pwc.com/ca/delphi. Pursuant to an order of the Court [...]

Delphi Energy Corp. announces a recapitalization and financing transaction , to be implemented as a plan of compromise and arrangement under the Companies' Creditors Arrangement Act and the Canada Business Corporations Act, that will allow the Company to substantially reduce its debt and associated interest costs, while improving available liquidity and injecting new capital to fund future operations. In connection with [...]

Delphi Energy Corp. announces that it has filed its interim financial statements and related management’s discussion and analysis for the three months ended March 31, 2020 with the Canadian securities regulatory authorities on SEDAR. About Delphi Energy Corp. Delphi Energy Corp. is an industry-leading producer of liquids-rich natural gas. The Company has achieved top decile results through the development of our high [...]

As previously announced by Delphi Energy Corp. , the Company is relying on exemptive relief granted by Canadian securities regulatory authorities that allows it to delay the filing of its interim financial report for the interim period ended March 31, 2020 as required by section 4.4 of National Instrument 51-102 and related management's discussion & analysis as required by subsection 5.1 of National Instrument 51-102 and [...]

Delphi Energy Corp. announces that it has obtained an order from the Court of Queen’s Bench of Alberta granted in Delphi’s proceedings under the Companies’ Creditors Arrangement Act : extending the stay period to October 9, 2020, approving interim financing arrangements intended to fund the Company’s operations and expenses during the CCAA proceedings, and approving a claims process with a claims bar date of July 10 [...]