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Ticker:DPTR
Company Name: Delta Petroleum Corporation

Business Overview from 10-K filing for Delta Petroleum Corporation:

Delta Petroleum Corporation (“Delta,” “we” or “us”) is a Denver, Colorado based independent energy company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil. Our core areas of operation are the Rocky Mountain and Gulf Coast regions, which comprise the majority of our proved reserves, production and long-term growth prospects. We have a significant drilling inventory that consists of proved and unproved locations, the majority of which are located in our Rocky Mountain development projects. We expect that our drilling efforts and capital expenditures will focus increasingly on the Rockies, where approximately two-thirds of our fiscal 2006 capital budget is allocated and three-fourths of our undeveloped acreage is located. We retain a high degree of operational control over our asset base, with an average working interest in excess of 90% as of June 30, 2005.     

View the full DPTR chart at Wikinvest

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