Delphi’s key operating strategies are to own a high working interest in its lands in order to control its production and capital operations and own a working interest in strategic facility infrastructure. This ensures produced volumes can be processed cost effectively and are marketable on a timely basis. Delphi is the operator of over 95 percent of its production and currently operates all of its drilling operations.
Delphi continues to focus on the development of its liquids-rich, natural gas Montney resource base at Bigstone near Fox Creek, Alberta. Growth in production and operating netbacks will be driven by its multi-year drilling inventory of potential locations in the Montney and optimization of its field facilities and infrastructure. Delphi’s Montney at Bigstone represents top tier economics of liquids-rich natural gas production in Western Canada due to the significant well production rates and high condensate ratio of the produced natural gas liquids.