Corporate Profile for Delta Petroleum Corp., dated 9/20/96.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0- Published Date: 9/20/96 Company Name: Delta Petroleum Corp.
Address: 555 17th St., Suite 3310
Denver, Colo. 80202
Main Telephone Number: 303/293-9133
Chief Executive
Officer: Aleron H. Larson Jr.
303/293-9133
President Roger A. Parker
303/293-9133
Investor Relations and Public Relations Contact: David Castaneda Business number: 303/293-9133 Trading Symbol: DPTR Industry: Oil and gas exploration, dev. Company description: The company is engaged in the acquisition, exploration, development and production of oil and gas properties. As of June 30, 1996, the company had varying interests in 97 gross productive wells located in five states. The company also has proven undeveloped properties in four states, and substantial proven undeveloped interests in four federal offshore units in California. These federal units are operated by Shell Oil Co., Samedan Oil Co. and Conoco. The company operates 26 of the wells in which it owns an interest and the remaining wells are operated by independent operators. At June 30, 1996, the company estimated its proved reserves proved reserves The quantity of minerals expected to be recoverable under current economic and operating conditions. The amount of proved reserves is important in valuing the stock of a company with significant holdings in natural resources. attributable to its onshore properties to be 150,000 Bbls of oil and 6.1 Bcf of gas. As of June 30, 1996, the company estimated its proved undeveloped reserves attributable to its offshore California properties to be 57,986,178 Bbls of oil and 62.4 Bcf of gas. CONTACT: Delta Petroleum Corp. INDUSTRY KEYWORD: OIL/GAS ENERGY REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-752-9600 or 800-221-2462; Boston 617-236-4266 or |
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