DELTA PETROLEUM CORPORATION
Roger A. Parker, President, CEO and Chairman
Kevin K. Nanke, CFO
Dave Donegan, VP Corporate Communications
370 Seventeenth Street, Suite 4300
Denver, Colorado 80202
DENVER, Colorado (September 9, 2005) -- Delta Petroleum Corporation (NASDAQ National Mkt: DPTR); (FRANKFURT STOCK EXCHANGE: DPE), an independent energy exploration and development company, today announced that it will host an investor conference call to discuss operating results for the quarter and fiscal year ended June 30, 2005. The Company plans to release its fiscal year 2005 earnings after the close of market trading on Tuesday, September 13, 2005 and will host an investor conference call at 10:00 a.m. EDT on Wednesday, September 14, 2005.
As a result of the extended period of time needed to complete matters required in connection with Section 404 of the Sarbanes-Oxley Act of 2002, it will be necessary to extend the filing of the Company’s annual report on Form 10-K for the year ended June 30, 2005. The Company does not anticipate reporting any material weaknesses under Section 404. The Company expects to file within the extension period.
Shareholders and other interested parties may participate in the conference call by dialing 888-889-5345 or for international/local participants by dialing 973-935-8516, ID code 6485021, a few minutes before 10:00 a.m. EDT on September 14, 2005. The call will also be broadcast live on the Internet at http://phx.corporate-ir.net/playerlink.zhtml?c=117007&s=wm&e=1126077. A replay of the conference call will be available two hours after the completion of the conference call from September 14, 2005 until September 21, 2005 by dialing 877-519-4471 for participants in the US/Canada or for international/local participants, call 973-341-3080and enter the conference ID 6485021. The call will also be archived on the Internet through December 14, 2005 at http://phx.corporate-ir.net/playerlink.zhtml?c=117007&s=wm&e=1126077
Delta Petroleum Corporation is an oil and gas exploration and development company based in Denver, Colorado. The Company’s core areas of operations are the Gulf Coast and Rocky Mountain Regions, which comprise the majority of its proved reserves, production and long term growth prospects. 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.
* CAUTIONARY NOTE TO U.S. INVESTORS – The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. In this press release the terms “estimated ultimate recovery (EUR)” and “probable reserves” are used. SEC guidelines strictly prohibit publicly traded companies from including reserves other than proved reserves in their filings with the SEC. U.S. investors are urged to consider closely the disclosures in Delta Petroleum’s Form 10-K for the fiscal year ended June 30, 2004.
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
SOURCE: Delta Petroleum Corporation