Delphi Energy Corp.

Delphi Energy Corp. in its $15 million senior secured notes financing

Client

Delphi Energy Corp.

Value

$15 million

Service

Capital Markets

Date Closed

November 2018

Industry

Energy (Oil & Gas)

Lead Office

Calgary


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).


Team
Heidi  Wong

Heidi Wong

Counsel, Corporate