Kiwetinohk Investment in Delphi

Kiwetinohk Investment in Delphi

By Brian Hamm
July 6, 2020

Delphi Energy entered into a restructuring agreement with its secured creditors, Luminus Energy IE Designated Activity Company, Concise Capital Management, LP and Stornoway Portfolio Management. Concurrent with the agreement, Delphi also entered into a capital investment agreement with Kiwetinohk Resources Corp. The agreement was brought before the court on July 10, 2020. Delphi’s assets are located in the Bigstone Area of Alberta.

$23 million

Current Development: Double Stack in the Middle Montney