All Posts Tagged With: "Delta Petroleum"

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Denver-Based Delta Petroleum Exploring Sale

The company has retained Morgan Stanley and Evercore Partners to “advise the board of directors on strategic alternatives to enhance shareholder value.”"This will include, but not be limited to, exploring the sale of some or all of the company’s assets, partnerships and joint venture opportunities, and the sale of the entire company.”

1Dec2009 | admin | 0 comments | Continued
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When Energy Becomes the Real Currency

In other words, when it comes to energy shares, buy and hold. Increasingly, the wealth of nations will be measured in power (as in kilowatt-hours, not tanks or laws) rather than in currency or gold. A key point — the sharp oil-price spike of 2007-08 was not, as politicians wished to claim, the result of manipulation by shady speculators, but “an inevitable consequence of booming demand and stagnant production.”

6Apr2009 | admin | 0 comments | Continued
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Kerkorian Buys Bigger Stake in Delta Petroleum

The purchases boost Tracinda’s holdings to roughly 38 percent of Delta’s outstanding shares, and reaffirms Kerkorian’s stated belief in Delta’s fundamentals business model.

25Dec2008 | admin | 0 comments | Continued


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