Oct 15 (Reuters) - Delphi Energy Corp DEE.TO :
* Announces agreement to sell Greater Hythe assets for $12 million
* Says deal for $12 million
* Says transaction is expected to close in November 2015
* Says net proceeds from the disposition will be applied to reduce the
company's bank indebtedness
* Due to lower costs, projecting to drill and place on production up to eight
montney wells between now and the end of 2016
* Source text for Eikon ID:nMKWjNd10a
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