Delphi Energy Corp. DPGYF

Energy

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.

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Delphi Energy Corp.

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Comment by unclewebbon Nov 15, 2006 12:17am

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Post# 11683445

RE: amazing results

Here's a good comparison: Galleon year to date cash flow = $1.10/share Today's close: $18.30 Delphi year to date cash flow = $0.66/share Today's close: $2.76 The only negative in the results is debt but with $8.00 CDN/mcf natural gas prices DEE plans to get that back under 1.5X cash flow by the end of 2007. Overall the results look great especially considering gas prices were in the toilet during Q3. They've also got another 1200 boe/d behind pipe awaiting tie-in in Q1 2007. I don't know what it's going to take to get them heading back up if these results don't do it.

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