Delphi Energy Corp. (TSX:DEE) announced its 2011 crude oil and natural gas reserves data.
Delphi Energy Corp. (TSX:DEE) announced its 2011 crude oil and natural gas reserve data.
As quoted in the press release:
- Increased total proved reserves by ten percent to 25.1 million barrels of oil equivalent (“boe”) and total proved plus probable reserves by 16 percent to 40.2 million boe compared to 2010, with minimal change in future development costs (“FDC”);
- Increased proved developed producing liquids (light and medium crude oil, and natural gas liquids) reserves by 42 percent, total proved liquids reserves by 27 percent and total proved plus probable liquids reserves by 34 percent compared to 2010;