DALLAS, Aug. 17, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Delta Petroleum Corp. (Nasdaq:DPTR). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/DPTR
Delta Petroleum Corp. (DPTR) is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil. Delta operates in two business segments: acquisition, exploration, development and production of oil and natural gas properties and related business activities, and contract oil and natural gas drilling operations. The primary areas of activity are in the Rocky Mountain and Gulf Coast Regions with additional unproved exploratory leaseholds in the Columbia River Basin in southeastern Washington, the Hingeline area of central Utah, and the Haynesville Shale area of Texas, among others. Total oil and gas leasehold is approximately 813,000 acres.
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In the report, the analyst notes:
"The Company reported a second-quarter net loss attributable to common stockholders of ($149.8 million), or ($0.54) per share, compared with a net loss attributable to common stockholders of ($172.3 million), or ($0.89) per share, in the second quarter of 2009. The net loss attributable to common stockholders for the second quarter 2010 includes a $96.1 million impairment charge associated with the assets held for sale.
"DPTR recently announced that its board of directors has appointed Carl E. Lakey as a director. Lakey was named CEO of Delta on July 7, 2010."
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