CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce its financial and operational results for the quarter ended March 31, 2016. First Quarter 2016 Highlights Generated funds from operations of $8.2 million and realized net earnings of $5.3 million; Successfully drilled two gross (1.7 net) wells as part of the Company's capital program and [...]
CALGARY, ALBERTA--(Marketwired - Mar 16, 2016) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce its financial and operational results for the year ended December 31, 2015. 2015 Highlights Achieved average production of 9,469 barrels of oil equivalent per day ("boe/d") despite TCPL and Alliance pipeline curtailments and two major property dispositions during the year. The divested [...]
CALGARY, ALBERTA--(Marketwired - Feb 29, 2016) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to report its crude oil and natural gas reserves information for the year ended December 31, 2015. While remaining focused on its large-scale Montney project at Bigstone, the Company successfully streamlined its business in 2015 through two major asset dispositions. The dispositions represented [...]
CALGARY, ALBERTA--(Marketwired - Dec 29, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") provides the following update. Delphi is now singularly focused on its Bigstone assets where it holds 139.5 gross sections (118.1 net) of Montney rights and 81.5 gross sections (60.0 net) of contiguous shallow Cretaceous rights. The Bigstone Montney now represents 87 percent of corporate production. While the oil and [...]
CALGARY, ALBERTA--(Marketwired - Dec 10, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to provide the following update. With the dispositions of the Wapiti and Hythe assets now complete, Delphi is now singularly focused on its Bigstone assets where it holds 139.5 gross sections (118.1 net) of Montney rights and 81.5 gross sections (60.0 net) of contiguous shallow Cretaceous rights. The [...]
CALGARY, ALBERTA--(Marketwired - Nov 12, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce its financial and operational results for the quarter ended September 30, 2015. Third Quarter 2015 Highlights Generated funds from operations of $10.1 million and realized net earnings of $10.7 million in the third quarter of 2015; Closed the disposition of its Wapiti assets for gross [...]
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 for the seven [...]
CALGARY, ALBERTA--(Marketwired - Oct 15, 2015) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to announce it has entered into a purchase and sale agreement to sell its working interests in producing properties, facilities and infrastructure and undeveloped land in the greater Hythe area for $12.0 million, subject to normal course closing adjustments. Disposition Details of the divested assets are [...]
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 [...]
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 two percent decrease over the comparative quarter of 2014, including production [...]
CALGARY, ALBERTA--(Marketwired - Jul 22, 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 Wapiti area for $50.0 million, after closing adjustments. The Company's growth over the past three years has been achieved [...]
CALGARY, ALBERTA--(Marketwired - Jul 2, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") reports that it has granted an extension to the closing date of its previously announced disposition. In consideration for the extension of the closing date, the Company has received and deposited an additional $5.0 million non-refundable deposit from the purchaser, bringing the total deposit amount to $10.0 million [...]