Mr. David Reid reports

DELPHI ENERGY CORP. ANNOUNCES CHANGES TO SENIOR MANAGEMENT

Delphi Energy Corp. has made changes to its leadership team effective immediately.

John Behr has been promoted to vice-president, geosciences. Mr. Behr has been with the company for over three years, most recently in the position of manager, geosciences. Mr. Behr has successfully analyzed, explored and exploited a wide variety of strategic assets within the Western Canadian sedimentary basin for over 30 years.

"We are extremely pleased to be promoting John to vice-president of geosciences," said David J. Reid, Delphi president and chief executive officer. "John brings a wealth of experience and deep breadth of knowledge to the position. We look forward to seeing the results of his continued exploration efforts as Delphi accelerates our pace of drilling and production."

Brian P. Kohlhammer, senior vice-president, finance, and chief financial officer, has left the company to explore other opportunities. Mr. Kohlhammer served in his role for nearly 13 years.

Added Mr. Reid: "Brian has been key member of the senior management team. On behalf of the board of directors and our staff, we wish him the very best in his future endeavours."

The company has begun an executive search and expects a replacement to be identified in a timely manner.

About Delphi Energy

Delphi Energy is an industry-leading producer of liquids-rich natural gas. The company has achieved top decile results through the development of its high-quality Montney property, uniquely positioned in the Deep basin of Bigstone, in Northwest Alberta.