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Delphi Upsizes Montney Frac by 23% in Q3; 40 Stages

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Delphi Upsizes Montney Frac by 23% in Q3; 40 Stages

Delphi Energy reported its Q3 2016 results.

Key Points:

Drilled Montney Well with Highest Sand Volume to Date - 16-09-60-23W5 Well

Sand concentrations per horizontal metre are planned to be 23 percent higher than any other Bigstone Montney well to date.
30 day drill time HZ lateral in the Montney of 2,855 metres (9,367 feet) 40-stage frac Highlights: Produced an average of 8,239 barrels of equivalent per day ("boe/d"), a four percent increase from 7,888 boe/d in the third quarter of 2015 with total liquids increasing 30 percent, over the comparative period, offset by a six percent reduction in natural gas production; Increased field condensate production by 39 percent to 1,660 barrels per day ("bbls/d") contributing to a 28 percent increase in overall production at Bigstone…
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