Delphi offers the following characteristics:

• Positioned for long-term organic growth with 5+ years of drilling inventory on a   high quality natural gas/light oil focused asset base

• Financial flexibility to execute our planned 2010 capital program, again protected   from commodity price downside risk through an active hedging program

• Executing a sustainable internally funded "Growth Model" based on per share
   value creation

Delphi's Growth Strategy

“Control | Core Strengths | Focus | Discipline”

• Disciplined field capital program internally generated and protected through
   active commodity hedging program

Control and Execution
•  Operatorship and ownership of infrastructure, production, capital and lands

Core technical strengths
•  Complementary conventional multi-zone deep basin asset base

Focused on growth through the drill bit complemented with strategic acquisitions within core areas
•  58% growth in production since Q1 2007 on top quartile efficiency metrics
•  Significant inventory of robust “conventional” and “resource play” opportunities     targeting large OGIP with existing and emerging technologies

Delphi's Assets

Properties
•  Q2 2009 record production of 6,809 boe/d
       - ninth consecutive quarter of production growth
•  Production of 6,345 boe/d for 2008
       - “A solid foundation with predictable performance”
•  Multi-zone conventional deep basin assets at medium depths:
      - “Fewer wells drilled – multiple completions per well”
      -  wells consistent with pre-drill expectations
•  Concentrated in two active core regions of NW Alberta and NE British Columbia
•  Horizontal drilling and frac technology offers significant upside

People
•  Experienced management team and board of directors
•  Competitive advantage with seasoned technical / operational expertise
•  Continuing to expand the technical teams ahead of the growth curve
•  All are shareholders committed to efficient per share growth