May 8 (Reuters) - Delphi Energy Corp DEE.TO :
* DELPHI ENERGY CORP. PROVIDES UPDATE ON CCAA PROCEEDINGS AND OPERATIONS UPDATE
* DELPHI ENERGY CORP - OBTAINED AN ORDER FROM COURT EXTENDING STAY PERIOD PROVIDED BY AMENDED AND RESTATED INITIAL ORDER TO MAY 22
* DELPHI ENERGY CORP - EXTENSION OF STAY PERIOD TO MAY 22 IS EXPECTED TO ALLOW FOR INTERIM FINANCING FOR CO TO BE NEGOTIATED AND FINALIZED
* DELPHI ENERGY - AFFILIATE OF LUMINUS MANAGEMENT HAS PURCHASED & TAKEN ASSIGNMENT OF ALL OF RIGHTS OF CO'S FIRST LIEN SENIOR SECURED LENDERS
* DELPHI ENERGY CORP - INTENDS TO PURSUE WELL ABANDONMENT FUNDING FROM FEDERAL AND PROVINCIAL GOVERNMENT PROGRAMS
* DELPHI ENERGY CORP - EXTENSION OF STAY PERIOD TO MAY 22, 2020 IS EXPECTED TO ALLOW CO TO CONTINUE ITS RESTRUCTURING EFFORTS
* DELPHI ENERGY CORP - INTENDS TO RELY ON TEMPORARY BLANKET RELIEF PROVIDED BY CANADIAN SECURITIES ADMINISTRATORS