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Delphi Energy Completes Third Montney Shale Well

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July 31, 2012

At Bigstone East, Delphi has successfully completed its third Montney well (1.0 net) with a surface location of 5-14-60-23 W5M involving a 20 stage oil-based fracturing program. This is the second well from this surface location, however, this well's horizontal lateral was drilled to the north versus the south. The well has been brought on production through the Company's 100 percent owned compression and dehydration facility and pipeline infrastructure.

Subsequent to completion and fracturing operations, the well was flow tested at an average rate of 16.0 million cubic feet per ...

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