DPTR: Message Board for Delta Petroleum Corp | Forum profile

That all the optimistic quotes about Vega at the beginning of the pr were from Wallace, whose firing is disclosed at the end of the same pr. Broc, you can do better than that. msg ' + item.replyToNumber + '

THE PAROWAN VALLEY PROSPECT, LLC SOUNDS LIKE IT COULD BE RELATED TO DELTA, BUT WHY WOULD THEY BE HOLDING OUT SO LONG IF THEY FOUND OIL AT THEIR WELL, AND WHY HAVEN'T THEY COME TO SOME AGREEMENT IF IT IS A DIFFERENT COMPANY? As for BBG, the reason they paid for leases up in Alaska is that is where the oil is, particularly if those are up on the North Slope. Despite news reports to the contrary, there is still a lot of oil up above the...

Just scanned Delta's '08 annual and '09 3Q financials: What is scary is the collapse of the gas price they are so very dependent upon. In '08 their finding and development cost per MCFG was $1.55, and their operating costs $2.29 (including transportation and taxes), total $3.84/MCFG, with a gas price of $3.28/MCF, a loss of $.56/MCF. In 9 months '09, allowing for some decrease in taxes, they may have total cost of...

You all need to quit memorizing Oilfinder's posts he stated the same thing when the well was drilled. However, if there were a commercial oil find DPTR would of been compelled to complete this well. Everything else has turned to shit around them, if they had some low hanging fruit they would have had to pick it by now. Wilk msg 23113

INSTANT gratification? Give me a freaking break. Many of us are (were) in this stock in the high teens and now it is heading to BK prices. All we have asked is for some reasoned guidance. Parker gave us nothing but promises, huge negative cash flows and huge dilution to finance same. Damn straight we are impatient. IF, and I say IF you are still a shareholder, you should be impatient too. Personally, I am out at a big loss but it could have...

I was hoping to see a bullish recovery plan. If Delta has such high probable reserves, they can double or triple production to establish a "growth" image. Instead, it remains a sick patient in the ER. My re-entry into Delta is stalled for now. msg 23125

[Here is the details from the CC/Thanks to Seeking Alpha} Mike Pena - Simmons] Joe, question for you. In these two recent Gothic shale completions, what specifically allowed you to better mitigate the salt issues you had previously while still achieving large fracs? Answer The early efforts with what I've called the boutique fracs, the small fracs using combinations of sand sizes to try to establish barriers to isolate from the salt,...

I agree with Wallace that most of the exploration within the Sevier fold & thrust belt (to date) has been focused on mapping large anticlines structures using only 2-D seismic. Dip lines and strike lines were located too far apart to map the structure complexity required to properly locate the apex (or multiple apexes) of these large anticlines and/or antiform structures, or to map...

during these times dptr probably does not have a price support level and it is among many... i do not own this stock but have been tracking it for quite sometime--never did see what happened to their shale plays. btw the way when eca sold to dptr it did light up for me---eca is a great co and did knot keep this property should have given some a word of caution. notwithstanding dptr still has good potential-- msg 23105

Hey, if anyone cares, I covered those DPTR puts I wrote.  It got to where the situation posed a serious likelihood that I might actually wind up owning those shares and that was not something I wanted to happen at this time, so I paid $120 for my lesson and got out (a couple weeks back). Good luck here and elsewhere!  msg 23105