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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.


GREY:DPGYF - Post by User

Delphi Energy Corp. > Ripe for takeover ??
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Comment by profittaker1on Mar 30, 2017 6:33pm
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Post# 26055145

RE:Ripe for takeover ??

RE:Ripe for takeover ??
Maybe in a year. They will want to really see what production growth trajectory they can go on going forward and what the price of oil will be in a balanced market prior to selling in my opinion. If they are set to hit $2.50 next year and maybe get $3/share why would they agree to a $2 buyout now? They did a jv for a reason.
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