Delphi Energy Corp.

Delphi Energy Corp. is pleased to announce its financial and operational results for the year ended December 31, 2018. Delphi Energy Corp. Adjacent Drilling Activity 2018 HIGHLIGHTS Successfully executed a twelve well drilling program and various infrastructure projects to support future growth; Completed construction and commissioned the amine processing facility which has reduced natural gas processing costs and [...]

Delphi Energy Corp. is pleased to announce its crude oil and natural gas reserves information for the year ended December 31, 2018 and provide an operations update. HIGHLIGHTS Successfully explored and delineated the Montney at West Bigstone with a drilling program that consisted of twelve horizontal wells and brought on production twelve horizontal Montney wells through significantly expanded infrastructure; Increased [...]

Delphi Energy Corp. is pleased to announce its financial and operational results for the quarter ended September 30, 2018. Third Quarter 2018 Highlights Achieved the Company’s production guidance for the third quarter, producing 9,514 barrels of oil equivalent per day compared to 9,313 boe/d in the comparative quarter of 2017, despite curtailment of approximately 800 boe/d due to unscheduled third party processing [...]

**Not for distribution to United States News Services or Dissemination in the United States** Delphi Energy Corp. is pleased to announce that it has closed its previously announced financing comprised of the sale of 15,000 senior secured notes , each with a principal amount of $1,000 and a 10 percent coupon, for gross proceeds of approximately $15.0 million. The Notes were sold, on a private placement basis, to Luminus [...]

Delphi Energy Corp. is pleased to announce it is expanding its 2018 drilling program by approximately $15 million at the Company’s West Bigstone Montney property. Delphi Energy Expanded Drilling Plans The expanded capital program follows up on successful delineation drilling conducted in 2017 and the first half of 2018 which confirmed the liquids-rich, high productivity nature of the western portion of the greater [...]

Delphi Energy Corp. is pleased to announce its financial and operational results for the quarter ended June 30, 2018. Second Quarter 2018 Highlights Produced 10,623 barrels of oil equivalent per day in the second quarter of 2018, a twelve percent increase from the 9,515 boe/d in the first quarter of 2018; Tied-in and brought on production three Montney wells in Bigstone; Commissioned amine processing facility allowing up [...]

CALGARY, Alberta, July 18, 2018 -- Delphi Energy Corp. is pleased to provide an update on operations and guidance for the second half of 2018. Delphi is among the most liquid-rich gas producers in the Montney, with field condensate and natural gas liquids comprising approximately 42 percent of production from its Bigstone Montney property on a barrel of oil equivalent basis. Delphi is currently generating approximately 70 [...]

CALGARY, Alberta, May 31, 2018 -- Delphi Energy Corp. is pleased to announce that it has extended its senior secured credit facility with a syndicate of lenders, led by Alberta Treasury Branches and including The Bank of Nova Scotia and Bank of Montreal, and that the borrowing base of the facility has been increased to $105 million from $95 million. Subject to the lenders’ semi-annual review, the facility is [...]

CALGARY, Alberta, May 23, 2018 -- Delphi Energy Corp. announces the voting results of its annual and special meeting of shareholders held on May 22nd, 2018. ANNUAL MEETING OF SHAREHOLDERS Each of the eight nominees proposed in the management proxy circular for the 2018 annual meeting of shareholders were elected as directors. A total of 107,316,077 common shares of the Company, representing approximately 57.84 percent of [...]

CALGARY, Alberta, May 22, 2018 -- Delphi Energy Corp. is pleased to provide an update in advance of its Annual General Meeting scheduled for 3:00 p.m. Mountain Time today at the Calgary Petroleum Club. Delphi has carried out a very active capital program at its Bigstone Montney property since the start of 2017, drilling and completing 22 gross new horizontal wells with 100 percent success, bringing the total Company [...]