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Delphi Energy: 2011 Q4 Financial And Operational Results
Mar. 14, 2012 06:48PM PST
Resource Investing News Delphi Energy Corp. (TSX:DEE) reports 2011 fourth quarter financial and operational results.
Delphi Energy Corp. (TSX:DEE) reports 2011 fourth quarter financial and operational results.
As quoted in the press release:
2011 Highlights
- achieved record average production in 2011 with volumes of 8,870 barrels of oil equivalent per day (boe/d), an increase of ten percent compared to 2010;
- increased the liquids percentage of production to approximately 29 percent crude oil and natural gas liquids in 2011, up from 20 percent in 2010 and offsetting a two percent decline in natural gas production;
- generated funds from operations of $66.9 million, an increase of 11 percent from the previous year;
Click here to read the Delphi Energy Corp. (TSX:DEE) press release.