Delphi Energy Corp. (TSX:DEE) announced the company’s crude oil and natural gas reserves information for the year ended December 31, 2009.
The press release is quoted as saying:
Achieved finding, development and acquisition costs (“FD&A”) of $12.06 per barrel of oil equivalent (“boe”) for total proved reserves and $9.21 per boe for total proved plus probable reserves. The FD&A costs over the past three years averaged $18.20 per boe for total proved and $15.42 per boe for total proved plus probable.
