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Delphi Energy Corp. DPGYF

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.


GREY:DPGYF - Post by User

Bullboard Posts
Post by raggetyjackon Sep 11, 2013 2:49pm
312 Views
Post# 21733224

Presentation highlights...

Presentation highlights...
Low of production in ...
Last 3 months avg production 8800 boe/d
Reserves up significantly
Slickwater hybrid fracs going very well 225,000 boe recovered on 10-27 and still at 1,166 boe/d
50 well 5 year plan for Bigstone montney play
Gone from 4 secions to 118 at bigstone...lots of room to grow
Big players all around them and only one small fish left in area .... Delphi
New well paying out in 8 months!
Exiting well into the 9's
2014 aprx 10,000 boe/d
No dilution expected as they expect to be self funded
2013 12,000 to 13,000 boe/d
Montney cash flow growth increasing
Expecting bank lines to increase with reserves and production growth
Bullboard Posts