For Immediate Release

DELTA PETROLEUM CORPORATION SCHEDULES

FIRST QUARTER CONFERENCE CALL FOR

MONDAY, NOVEMBER 8, 2004

DENVER, Colorado (November 2, 2004) -- Delta Petroleum Corporation (NASDAQ: DPTR); (FRANKFURT STOCK EXCHANGE: DPE), an independent energy exploration and development company, today announced that executives will host an investor conference call to discuss operating results for the first quarter of FY2005, which ended September 30, 2004. The Company plans to report its first quarter earnings on Monday morning, November 8, 2004 and will host an investor conference call at 4:00 p.m. Eastern time the same day.

Shareholders and other interested parties may participate in the conference call by dialing 800-319-9003 or for international/local participants by dialing 719-457-2619 and entering the conference ID 863679, a few minutes before 4:00 p.m. EST on November 8, 2004. A replay of the conference call will be available two hours after the completion of the conference call from November 8, 2004 until November 15, 2004 by dialing 888-203-1112 for participants in the US/Canada or for international/local participants, call 719-457-0820 and enter the conference ID 863679.

Delta Petroleum Corporation is an oil and gas exploration and development Company based in Denver, Colorado. The Company has producing properties in 15 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.''

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

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