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Real Estate News Releases
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(CHARTPOPPERS.COM, December 18, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Delta Petroleum Corp. (NYSE: DPTR)
The Consolidated Investment Analysis on Delta Petroleum Corp. (NYSE: DPTR) will be in particular interest to other competing companys within in its sector, such as Double Eagle Petroleum (NASDAQ: DBLE), GeoResources Inc. (NASDAQ: GEOI) and Warren Resources Inc (NASDAQ: WRES)
Delta Petroleum Corporation engages in the exploration, acquisition, development, production, and sale of natural gas and crude oil in the United States. It owns It owns producing and non-producing oil and natural gas interests, undeveloped leasehold interests, and related assets in 17 states, as well as interests in a producing Federal unit offshore California and undeveloped offshore Federal leases near Santa Barbara, California.
Recent News on Delta Petroleum Corp. (NYSE: DPTR)
Delta Petroleum Corp. said Thursday it has settled a lawsuit against the federal government concerning an offshore lease in California for $65 million.
The Denver-based oil and gas company (NASDAQ: DPTR) said it expects to net $50 million from the settlement "after all contingent payments to third parties."
The settlement concerns Lease 452 off California's shore.
"We are very pleased to have reached a settlement with the federal government on this final portion of the litigation," John Wallace, Delta's president and COO, said in a statement. "The approximately $50 million in net proceeds to Delta substantially increases our liquidity position, and will allow us to evaluate recommencing our drilling program in the near-term or reduce our leverage. Either use of proceeds would benefit our shareholders."
To view the Consolidated Investment Analysis on Delta Petroleum Corp. (NYSE: DPTR) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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