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Delphi Energy Corp (DEE.TO)

DEE.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Delphi Energy Corp Q4 adj FFO per share $0.05
Wednesday, 15 Mar 2017 09:44pm EDT 

Delphi Energy Corp : Delphi Energy Corp. Reports 2016 year end results, reserves and provides operations update . Delphi Energy Corp - production volumes in q4 of 2016 averaged 7,127 boe/d . Delphi Energy Corp - qtrly adjusted funds from operations per share $0.05 . Delphi Energy - weather delays in Q3 & Q4 pushed on-stream dates for 2 wells of 2016 program until late December, impacting q4 production volumes .Says Delphi's 2017 capital program is forecast to be $65.0 to $70.0 million.  Full Article

Delphi Energy says CFO Brian Kohlhammer has left company
Thursday, 19 Jan 2017 08:07pm EST 

Delphi Energy Corp : Delphi Energy Corp. announces changes to senior management . John Behr has been promoted to vice-president, geosciences . Says has begun an executive search and expects a replacement to be identified in a timely manner .Brian P. Kohlhammer, senior vice-president finance and chief financial officer, has left company to explore other opportunities.  Full Article

Delphi Energy board has approved 2017 capital and operating budget
Wednesday, 11 Jan 2017 08:00am EST 

Delphi Energy Corp : Board of Directors has approved 2017 capital and operating budget . Announcement of a new $80.0 million senior secured credit facility with Alberta Treasury branches . Says Delphi's drilling program in 2017 to more than double as compared to 2016 with addition of a second drilling rig . Delphi's 2017 capital program is forecast to be $65.0 to $70.0 million .2017 cash costs are forecast to decrease by approximately ten to twelve percent over 2016.  Full Article

Delphi Energy announces update to strategic transaction, extension of credit facility review
Wednesday, 30 Nov 2016 08:00am EST 

Delphi Energy Corp : Delphi Energy Corp announces update to strategic transaction and extension of credit facility review . Delphi Energy-expects to execute definitive agreement in relation to strategic arrangement with existing working interest industry partner in coming days . Delphi Energy Corp - is anticipated that closing of transaction will be on, or about, December 22, 2016 .Delphi Energy-current bank syndicate agreed to extend deadline of semi-annual review of $85 million revolving credit facility from Nov 30 to Dec. 31, 2016.  Full Article

Delphi Energy qtrly loss per share $0.12
Wednesday, 10 Aug 2016 10:24pm EDT 

Delphi Energy Corp : Qtrly loss per share $0.12 . Delphi Energy reports second quarter 2016 results . Production capability for Q2 of 2016 increased five percent to 8,200 boe/d, up from 7,810 boe/d in Q2 of 2015 . Q2 FFO shr C$0.03 . Provided guidance for second half of 2016 and updated its full year guidance for 2016 . More active second half of 2016 with net capital expenditures of $21.0 to $26.0 mln compared to $11.9 mln in first half of 2016 . Average and exit rate production volumes as well as cash flow expectations have been revised upward for second half of 2016 .Sees 2H 2016 average production 8,500 - 9,000 boe/d; sees FY 2016 average production 7,700-8000 boe/d.  Full Article

Delphi Energy forecasts about 20 to 25 pct of senior credit facility will remain undrawn through 2016
Wednesday, 15 Jun 2016 08:51am EDT 

Delphi Energy Corp :Forecasts that approximately 20 to 25 percent of senior credit facility will remain undrawn through 2016.  Full Article

Delphi Energy announces increase and pricing of offering
Thursday, 2 Jun 2016 10:05pm EDT 

Delphi Energy Corp : Delphi energy announces increase and pricing of offering . Offering for total gross proceeds of $60 million, up from $40 million .Size of offering has been increased from 40,000 units to 60,000 units.  Full Article

Delphi Energy Q1 FFO per share c$0.05
Wednesday, 11 May 2016 07:04pm EDT 

Delphi Energy Corp : Production volumes in q1 of 2016 averaged 8,395 boe/d . Sees 2016 average annual production in the range 8,300 - 8,800 boe/d . Sees 2016 exit production rate in the range 8,500 - 9,500 boe/d . Sees 2016 net capital program in range $33.0 million - $38.0 million . Delphi energy reports first quarter 2016 results .Q1 FFO per share c$0.05.  Full Article

Delphi Energy Corp announces closing of disposition of Hythe Assets
Tuesday, 3 Nov 2015 08:30am EST 

Delphi Energy Corp:Says closed the previously announced disposition of its working interests in producing properties, facilities and infrastructure and undeveloped land in the greater Hythe area for proceeds of $12.0 million.  Full Article

Delphi Energy announces agreement to sell Greater Hythe assets for $12 million
Thursday, 15 Oct 2015 07:49pm EDT 

Delphi Energy:Has entered into a purchase and sale agreement to sell its working interests in producing properties, facilities and infrastructure and undeveloped land in the greater Hythe area for $12.0 million, subject to normal course closing adjustments.Transaction is expected to close in November 2015.The net proceeds from the disposition will be applied to reduce the Company's bank indebtedness.  Full Article

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BRIEF-Delphi Energy Corp Q4 adj FFO per share $0.05

* Delphi Energy Corp. Reports 2016 year end results, reserves and provides operations update