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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. > Bnn
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Comment by profittaker1on Apr 10, 2017 10:04am
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Post# 26099884

RE:RE:RE:RE:RE:Bnn

RE:RE:RE:RE:RE:Bnn
Well 15-08 reported today. "Over the first 20 days on production 15-08 (65 percent working interest), averaged a total of 1,326 boe/d with a field condensate to sales gas ratio of 238 barrels per million cubic feet (bbl/mmcf). Total liquid production, including estimated natural gas liquids of 46 bbl/mmcf sales, accounted for 63 percent of the total sales production rate." 0.63 x 1326 = 835 bbls of condensate + LNGs/day. Wow. That's now 3 consecutive wells like that in a row and as I predicted beating guidance with 2 more wells to come on stream before spring breakup. I honestly wonder if they will exit 2017 with 6000 in liquids, not the 3900 at the top of their guidance. "field condensate production is estimated to have increased 46 percent to approximately 1,950 barrels per day (bbls/d), well ahead of expectations."
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