LYCOS RETRIEVER 
Delta: Companies
built 273 days ago
Delta Petroleum has ended an extraordinary quarter. Very successful drilling programs commenced on the former proved undeveloped Freemont County property, a property that was acquired in 2002 from Castle Energy. Three wells are already producing 2,250 mcf/d net to Delta. Eventually, more than 40 wells could be drilled on this property. Fully developed, this property could add annually in excess of more than $40M in reve-nue to the Company. SISM estimates a PV10 valuation of approx.
Source:
* To manage waste that cannot be eliminated, Delta selects disposal companies with the best environmental compliance programs. Delta has signed agreements with seven national and international waste disposal companies following a lengthy process of investigating capabilities and performance reputations. These seven waste disposal agreements replaced approximately 100 waste disposal vendor contracts previously used throughout Delta's worldwide operations. By consolidating contractors for waste disposal, Delta is better able to track disposal practices and target opportunities for further waste reductions. This practice has reduced environmental risk and corporate liability.
Source:
Jan 16, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Delta Petroleum (NASDAQ: DPTR) has now traded to an all-time high, closing at $8.23 after intraday trading of $8.44, on volume of 367,827, three times its average. The company now has a market capitalization of $202.02 million, and has now topped the highs previously achieved in 1995. Full Report - PDF
Source:
MORE ABOUT
Companies