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Delphi Energy Corp.

10:19 AM EST - Delphi Energy Corp. : provided an update to its ongoing operations. Delphi's active winter program will result in 17 horizontal and vertical wells (11.8 net) targeting light oil and liquids-rich natural gas across the core areas of Wapiti/Gold Creek, Bigstone and Hythe. Thirteen wells (9.4 net) have been drilled and are in various stages of completion with the remaining four wells (2.4 net) to be finished drilling prior to spring break-up. The three wells tested to date are meeting or exceeding expectations and early well data indicates the remaining 14 wells in the program will also be successful. Delphi Energy Corp. shares T.DEE are trading up $0.10 at $2.15.