All Posts Tagged With: "Delta Petroleum"

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Delta Sells Non-Core Assets in Colorado and Elsewhere

The Denver-based oil and gas company’s $130 million deal with Wapiti includes all of its 31% working interest in the Garden Gulch field in the Piceance Basin and DJ Basin fields in Weld County.

27Jul2010 | admin | 0 comments | Continued
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Updates for Oil and Gas –

>> Support for Fed Fracking Study from Opposing Sides
>> State’s Producers Pump Up the Volume
>> La Plata County Water Attorneys Sue State Engineer
>> Planned Piceance Asset Sale Boosts Delta’s Stock
>> Black Hills’ New Plant To Use Less Water

21Mar2010 | admin | 0 comments | Continued
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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