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 (January 11, 2006) -- Delta Petroleum Corporation (“Delta”) (NASDAQ: DPTR), an independent energy exploration and development company, today announced that 26,751 shares of its common stock were granted to ten new employees on December 31, 2005 as an inducement to entering into employment with the Company. All of these grants were made to non-executive officer employees under the Company's 2005 New Hire Plan. The shares granted to these employees vest over a three year period.
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."
For further information contact the Company at (303) 293-9133 or via email at info@deltapetro.com
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