DELTA PETROLEUM CORPORATION

Dave Donegan, Vice President

370 Seventeenth Street, Suite 4300

Denver, Colorado 80202

(303) 293-9133

For Immediate Release

DELTA PETROLEUM CORPORATION SCHEDULES

SECOND QUARTER CONFERENCE CALL FOR

WEDNESDAY, FEBRUARY 9, 2005

DENVER, Colorado (February 4, 2005) -- 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 second quarter of FY2005, which ended December 31, 2004. The Company plans to report its second quarter earnings on Wednesday morning, February 9, 2005 and will host an investor conference call at 1:00 p.m. Eastern time the same day.

Shareholders and other interested parties may participate in the conference call by dialing 800-310-1961 or for international/local participants by dialing 719-457-2692 and entering the conference ID 6866824, a few minutes before 1:00 p.m. EST on February 9, 2005. A replay of the conference call will be available two hours after the completion of the conference call from February 9, 2005 until February 16, 2005 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 6866824.

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.''