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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

Post by RichyRich$on Sep 25, 2019 1:44pm
161 Views
Post# 30163755

In 2020... 90% NG Will be Sold to Chicago... Up from 60%

In 2020... 90% NG Will be Sold to Chicago... Up from 60%Only 10% will be sold on AECO. So if NG prices on the U.S. side continue an uptrend which it looks like it will, then Delphi is in great shape for longterm growth, even inspite of the new LNG Canada Pipeline being built. I was reading a Seeking Alpha article on Delphi where it said this has huge value over other small to midcap competitors and this was just being beaten down with the whole market. Luminus obviously sees that value by investing $43 Million.
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