DELTA PETROLEUM CORPORATION

Aleron H. Larson, Jr., Chairman

Roger A. Parker, President and CEO

Kevin K. Nanke, CFO

475 17th Street, Suite 1400

Denver, Colorado 80202

For Immediate Release

DELTA PETROLEUM CORPORATION ANNOUNCES NASDAQ APPROVAL TO MOVE TO THE NATIONAL MARKET

DENVER, Colorado (December 2, 2003) -- Delta Petroleum Corporation (NASDAQ: DPTR); (FRANKFURT STOCK EXCHANGE: DPE), has received formal notification from NASDAQ that it will begin trading on the NASDAQ National Market as of December 4, 2003. The trading symbol will remain DPTR.

Delta Petroleum Corporation is an oil and gas exploration and development company based in Denver, Colorado. The Company has producing properties in 14 states and interests in one producing federal unit and four undeveloped units located in federal waters offshore California near Santa Barbara. Its common stock is traded on NASDAQ under the symbol ``DPTR'' and on the Frankfurt Stock Exchange under the symbol ``DPE.''

Forward-looking statements in this announcement are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the costs of exploring and developing new oil and natural gas reserves, the price for which such reserves can be sold, environmental concerns effecting the drilling of oil and natural gas wells, as well as general market conditions, competition and pricing. Please refer to the Company’s Securities and Exchange Commission filings for additional information.

For further information contact the Company at (303) 293-9133 or via email at info@deltapetro.com

OR

RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893 or via email at info@rjfalkner.com