Distinction Energy Corp. (formerly Delphi Energy)
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About
Distinction Energy Corp., formerly named Delphi Energy, is an industry-leading producer of liquids-rich natural gas. The company has achieved top decile results through the development of our high quality Montney property, uniquely positioned in the Deep Basin of Bigstone, in northwest Alberta. Distinction continues to outperform key industry players by improving operational efficiencies and growing our dominant Bigstone land position in this world-class play. Distinction is headquartered in Calgary, Alberta.
Editor's note: Updated Feb. 18, 2021.
Transactions
Kiwetinohk Resources, Distinction Energy Agree to Combine
Kiwetinohk Resources, Distinction Energy Agree to Combine
Kiwetinohk Resources, Distinction Energy Agree to Combine
Kiwetinohk Resources, Distinction Energy Agree to Combine
Ovinitv Sells Out of Canada’s Duvernay Shale Play
Ovinitv Sells Out of Canada’s Duvernay Shale Play
Delphi Energy Will Sell Greater Wapiti Assets
Delphi Energy Will Sell Greater Wapiti Assets
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New Financings
Delphi Energy Corp. said its borrowing base of its senior secured credit facility has increased from $80…
Lenders-- National Bank of Canada, Bank of Nova Scotia and Alberta Treasury branches—upsized Delphi’s…
Entered into a commitment letter with a leading Canadian energy and resource lender for funding in two…
Plans to privately place 6.3 million shares at C$2.85 each and 3.5 million flow-through shares at C$3.40…
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News
Shell, Ovinitv Sell Out of Canada’s Duvernay Shale Play
For Shell, the transaction marks the latest divestiture in the North American country by the European oil major. Meanwhile, Ovintiv’s sale comes roughly a month after an activist investor launched a proxy fight against the Denver-based producer.