Nov 8 (Reuters) - Delphi Energy Corp DEE.TO
* Delphi energy corp. Enters into letter of intent to significantly accelerate growth of its bigstone montney asset
* Delphi energy - delphi, existing working interest industry partner to undertake $40 million joint drilling program, to be completed before July 15, 2017
* Delphi will receive $30 million in cash at closing for equalization consideration
* Delphi will retain operatorship of montney capital program, production and facilities
* Delphi energy corp - deal enhances co's financial position by enabling it to reduce total leverage while accelerating production and cash flow growth
* Delphi energy corp - bank debt, including letters of credit, at dec 31, expected to be about $48 million - $52 million of $85 million bank credit facility Source text for Eikon: ID:nCCN4h2pR2 Further company coverage: DEE.TO