Delphi Energy Corp.

09:45 AM EST - Delphi Energy Corp. : Provided an operations update on its first three wells of the 2020 capital program.Completion operations on the Company’s first three Montney wells (3.0 net) in the 2020 drilling program have concluded, with all of the wells expected to be placed on production by months end. These 3 wells are drilled in liquid-rich West Bigstone, in close proximity to existing pipelines, minimizing the tie-in costs.The first two wells of the 2020 drilling program were the 13-12-60-24W5 (“13-12”) & 14-12-60-24W5 (“14-12”) Montney wells. These wells were drilled from a two well pad with a surface location of 14-36-59-24W5 (“14-36”) situated between Delphi’s two existing producers at 16-10-60-24W5 and 16-12-60-24W5. Delphi Energy Corp. shares T.DEE are trading unchanged at $0.22.