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 Jan 13, 2010 6:53pm

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Post# 16675862

RE: RE: oil potential -exploration update

Delphi clearly did a great job in hedging during 2009. However in 2010 their leverage may be more on the production increase side, because if NGas and Oil do run up as some anticipate, then the hedging would be more of a risk reducer than big contributor to revenues. In bullish commodity circumstances hedging by Delphi could even provide a little drag on revenues and cash flow.
I see Delphi as an attractive T. O. potentia target IMHO, considering Delphi's market price per P+P reserves and per flowing BOE,
Peace,
Good Decision-making to All,
ElJ

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