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 ElJon Jun 11, 2009 11:32pm

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Post# 16064545

RE: latest news

Certainly good news......the announce of "the renewal of its credit facilities and the expansion of its technical team.....Delphi's lenders (National Bank of Canada and Bank of Nova Scotia) have completed their annual review of the Company's credit facilities.........Based on this review, the lenders have maintained the Company's total credit facilities at $140.0 million".
All other information associated with this update, such as production guidance for full year 2009, Ng hedging volume and price in place for the year, second half Capex for 2009 and debt level projections were all outlined in earlier NR associated with Q1 results,

Peace,
Good Decision-making to All,
ElJ

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