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Delphi Touts East Bigstone Montney Well Results

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Delphi Touts East Bigstone Montney Well Results

Delphi Energy Corp. has reported that the company's two most recently completed wells at 10-27 and 16-23 continue to perform better than expectations.

Continued strong production rates and total liquids representing over 40 percent of the total production to date are expected to result in payout of the 10-27 and 16-23 wells in less than one year, ranking the wells as two of the best gas wells, based on cumulative production, that industry has drilled recently.

Delphi has commenced its summer drilling program in East Bigstone at 15-24-60-23W5M. This is the first of three wells planned prior to the end of 2013, two of which are scheduled to be completed and on production by year-end. The capital program is expected to be a continuous one rig drilling program with up to eight additional…

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