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DELTA PETROLEUM C, (DPTR) Stock Research Free Stock Rating
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Delta Petroleum Corporation engages in the acquisition, exploration, development, and production of oil and gas properties, and related business activities. Its oil and gas operations primarily consist of production of oil and gas; drilling exploratory and development wells and related operations; and acquiring and selling oil and gas properties. The company's products include crude oil and natural gas. Its products are sold at the wellhead to purchasers in the immediate area where it is produced. The principal markets for oil and gas are refineries and transmission companies, which have facilities near the companys producing properties. As of June 30, 2004, the company owned producing and nonproducing oil and gas interests, undeveloped leasehold interests, and related assets in 15 states, as well as interests in a producing federal unit offshore California and undeveloped offshore federal leases near Santa Barbara, California. Delta Petroleum was organized in 1984 and is based in Denver, Colorado.
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