On November 9, 2018, Delphi Energy Corp. closed its previously announced financing comprised of the sale of 15,000 senior secured notes, for gross proceeds of approximately $15 million. As a result of this transaction, the enhanced liquidity further supports Delphi’s planned accelerated capital program.
Delphi is a Canada-based company that is engaged in the acquisition for and exploration, development, and production of crude oil, natural gas and natural gas liquids in western Canada.
Osler, Hoskin & Harcourt LLP represented Delphi with a team that was led by Robert Lehodey and supported by Heidi Wong (Corporate).