What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings DELPHI ENERGY CORP COM NPV (DEE.TO) - Quote Info
Delphi will break out     18-Mar-09 09:39 am    
"During the year ending December 31, 2008 the Company drilled 23 (16.6 net) wells with an overall success rate of 99 percent based on net wells. During the fourth quarter, Delphi drilled three (2.5 net) gas wells resulting in a 100 percent success rate.

- Achieved record production of 6,708 barrels of oil equivalent per day (boe/d) in the fourth quarter, marking the seventh consecutive quarter of production growth. Production for full year 2008 is 6,345 boe/d, representing a 19 percent increase over 2007 volumes.

- Increased total proved reserves by 33 percent to 15.1 million barrels of oil equivalent and total proved plus probable reserves by 28 percent to 22.0 million barrels of oil equivalent. Total proved plus probable reserves per basic share outstanding increased by 10 percent.

- Estimated net asset value per share increased by 22 percent to $3.16 based on before tax net present value of total proved plus probable reserves discounted at ten percent.

- Accumulated a contiguous land block of 8,000 gross acres (5,250 net acres) targeting a Doig / Montney play in northeast British Columbia.

- Delphi has 50 percent of its current 2009 production hedged at a floor price of $7.42 per mcf, which is 35 percent higher than the current forward AECO strip."


Sentiment : Strong Buy
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

kentw007

66/Male
California


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
Delphi will break out
kentw007 Not rated 18-Mar-09 09:39 am  
 
hey kent, do I understand you correctly? if DEE ...
shara5100 Rate it 24-Oct-09 06:58 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

(DEE.TO)

Chart for DEE.TO
On Nov 27: 1.68 Up 0.05 (3.07%)
Symbol Lookup