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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. .

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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
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 20, 1996
Words:310
Previous Article:Corporate Profile for Ingenius, dated 9/20/96.
Next Article:Corporate Profile for The Sturgess Co., dated Sept. 20, 1996.
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