January 11, 2017 / 1:45 PM / 6 months ago

BRIEF-Delphi Energy board has approved 2017 capital and operating budget

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Jan 11 (Reuters) - Delphi Energy Corp

* Board of Directors has approved 2017 capital and operating budget

* Announcement of a new $80.0 million senior secured credit facility with Alberta Treasury branches

* Says Delphi's drilling program in 2017 to more than double as compared to 2016 with addition of a second drilling rig

* Delphi's 2017 capital program is forecast to be $65.0 to $70.0 million

* 2017 cash costs are forecast to decrease by approximately ten to twelve percent over 2016 Source text for Eikon: Further company coverage:

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