DELTA PETROLEUM CORPORATION
Dave Donegan, Vice President
(303) 293-9133
|
Kevin Collins Joins Delta Petroleum Corporation Board of Directors |
- Mr. Collins to Fill Vacancy Created by Retirement of Director John Keller
DENVER, Colorado (March 28, 2005) -- Delta Petroleum Corporation (Nasdaq: DPTR - News); (FRANKFURT STOCK EXCHANGE: DPE), an independent energy exploration and development company, today announced that Kevin R. Collins has been appointed to the Company's Board of Directors effective March 23, 2005. The Company also announced that John Keller has elected to retire from all of the corporate boards on which he serves, including the Board of Directors at Delta Petroleum Corporation. Mr. Collins has been appointed to complete Mr. Keller's term as a Director, which expires at the next annual meeting of the Company's shareholders. As an Independent Director, Mr. Collins is expected to be appointed to the Audit, Compensation and Nominating Committees of the Board.
"We greatly appreciate John Keller's significant contributions to our Board during the past three years, and we wish him the best in retirement," commented Aleron ("Buzz") Larson, Jr., Chairman of Delta Petroleum Corporation. "We are also extremely pleased that Kevin Collins has accepted a position on the board to complete John's term as a Director. His extensive experience as a financial executive in the oil and gas industry will prove highly valuable as we pursue our strategic objectives and continue to build shareholder values."
Kevin Collins was most recently Executive Vice President and Chief Financial Officer of Evergreen Resources, Inc., having served in various management capacities with that company from 1995 until 2004. Evergreen Resources was acquired by Pioneer Natural Resources Co. in September 2004.
Mr. Collins became a Certified Public Accountant in 1983 and has over 13
years of public accounting experience. He has served as Vice President and a
Board Member of the Colorado Oil and Gas Association, President of the Denver
Chapter of the
Delta Petroleum Corporation is an oil and gas exploration and development
company based in
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.
Delta
Petroleum Corporation is an oil and gas exploration and development
Company based in