...Delphi also added to its growth potential with the acquisition of 79 net sections of Duvernay shale rights at attractive entry costs targeting natural gas and/or light oil. The Company is taking a two to three year timeline for this potential large scale development and will be patient as industry expertise and technology progress on the play. Delphi’s inventory of undeveloped land has increased to approximately 213,000 net acres, up 24 percent from December 31, 2009...
The Duvernay is usually associated with natural gas not oil. Don't think there's any commercial production from the formation and only a handfull of exploratory wells have been drilled into it.
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