Delta Petroleum, Shareholder Letter - 500 Beiträge pro Seite

[Vinoveritas]

Delta hat auf seiner Webpage www.deltapetro.com das Schreiben des Praesidenten an die Aktionaere veroeffentlicht. Darin werden zwar keine Zahlenangaben gemacht, aber dem zufolge konnte Delta seine Tagesproduktion auf seinen kalifornischen Oelfeldern beachtlich erhoehen. Es wurden weitere Schritte unternommen, die unerschlossenen Lizenzen in Produktion zu bringen. Gleichzeitig erhielt die Moeglichkeit einer Entschaedigung grosse Unterstuetzung in Washington. Das Unternehmen glaubt, dass die Entscheidung jetzt bald getroffen wird. Wie sie auch ausfallen wird, Delta wird dadurch profitieren. Folgend das Schreiben.
September 26, 2001

Dear Shareholders:

The recent economic turmoil has prompted us to contact you with an abbreviated status report on the
company. Our annual report for fiscal year 2001 (ended June 30) on SEC Form 10KSB will be out
shortly with more comprehensive financial and other information.

Although oil and gas prices are volatile we will continue to build the company through both acquisition
and development. While we would prefer to have consistently high prices we should note that price
volatility creates some attractive opportunities as we have experienced with the properties we acquired
beginning in early 1999 when prices were very low.

New wells and other operations on our producing offshore California property have recently increased
daily production by a good margin. There are additional wells and operations scheduled for the
property. In addition, through the unit operators, we have continued to move toward approval for
development of our undeveloped leases in the Santa Barbara Channel. We currently have Development
Production Plans (DPPs) that have been filed with the Minerals Management Service and are waiting
on approval. At the same time it has become increasingly apparent that environmental groups and
most of the State of California – politicians and constituents - are adamantly opposed to new
development off of their coastline. In fact, the California State Senate introduced and passed Senate
Joint Resolution 15 (SJR15) this summer. SJR15 urges the President of the United States and the
United States Congress to negotiate the repurchase of the remaining federal oil leases off the coast of
California. This idea has received a lot of attention in Washington and has recently become widely
supported. Approval for drilling continues to be a focus for us and our industry partners, but a
resolution of either sort will be very beneficial to Delta Petroleum Corporation. We do believe that we
are yet closer to some sort of meaningful determination regarding the status of these undeveloped
leases off the coast of California.

Production from our East Carlsbad field wells in Eddy County, New Mexico continues to be steady.
We are presently participating in the drilling of new wells in this field, which we hope will augment
current production. Our other areas of production continue to be steady as well.

The four exploratory wells drilled on the 60,000 acre Ponderosa Prospect in South Dakota gave us
valuable geological information but were not successful. We are still evaluating the initial results and
information on this prospect to determine whether to do further exploration or attempt to sell it.

We are continuously seeking and evaluating acquisition and development opportunities with the intent
to increase reserves, production and shareholder value. At this crucial time in our history we believe it
is important to move forward with our business objectives. Thank you for your continuing support.

Very truly yours, Very truly yours,


Roger A. Parker Aleron H. Larson, Jr.
President/CEO Chairman

[Vinoveritas]

Am Freitag kletterte Delta um 21 Cent auf $2,95. Gestern konnte Delta die $2,95 halten und erreichte ein Tageshoch von $3. Auch wenn sich der Energiesektor im Augenblick abgekuehlt hat und der Preis fuer Oel und Gas nachgegeben hat, duerfte das nur voruebergehend sein. Der Winter kommt und mit den ersten Schneestuermen in Nordamerika, die nicht mehr allzu lange auf sich warten lassen, wird sich die Preisspirale wieder nach oben drehen.

[Glencore]

Kaufe in der nächsten Woche für Kunden DPTR ein über 2 Mio...

Kursziel in 2. Monate, 5 $

Also kauft jetzt bei 2.5 $...

Glencore

[Vinoveritas]

Naechste Woche sollen die Zahlen kommen, die nach allen Erwartungen positiv ausfallen duerften. Gestern sprang der Kurs um 52Cent auf $2,90. Einen Kurs unter $3 duerften wir nicht mehr allzu lange sehen. Besonders da in den naechsten Wochen die Entscheidung ueber die Entschaedigung fuer die kalifornischen Oellizenzen fallen wird. Das Management ist "very confident" dass Delta auf der Liste steht.