Delphi Energy Reports Fourth Quarter and Year End Results

Delphi Energy Corp. (TSX:DEE) reported its financial and operational results for the quarter and year ended December 31, 2009.

The press release is quoted as saying:

Delphi had another good year in 2009, gaining momentum from a solid year of growth in 2008. The Company accomplished its goals of delivering operational growth again in 2009 and adding to its inventory of future growth projects while maintaining a robust financial position, in an environment where natural gas prices fell 51 percent and crude oil prices dropped 35 percent from 2008 levels.

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