Delta Petroleum Corporation (OTCMKTS: DPTRQ) is an independent oil and gas exploration and production company focused on upstream operations in North America and select international regions. The company’s core activities include the acquisition, exploration, development and production of onshore and offshore petroleum and natural gas reserves. Delta Petroleum leverages geological analysis and advanced drilling technologies to identify and develop high-potential hydrocarbon fields.
Founded in 1981 and headquartered in Houston, Texas, Delta Petroleum began as a Gulf Coast-focused driller before expanding its footprint into the Rocky Mountain and Permian Basins. Over the past two decades, the company has selectively entered emerging markets, securing exploration licenses in West Africa and the North Sea. This geographic diversification has enabled Delta Petroleum to balance its portfolio between mature U.S. shale plays and higher-risk, higher-return international projects.
Delta Petroleum’s value chain spans seismic surveying, well planning, drilling and completion, production optimization and reservoir management. The company also maintains midstream interests in pipeline and storage infrastructure to facilitate efficient transport and marketing of its crude oil and natural gas output. In recent years, Delta Petroleum has invested in sustainable technologies, exploring opportunities in carbon capture and low-emission operations to support evolving environmental standards.
Led by President and Chief Executive Officer Michael J. Rosen, with financial oversight by Chief Financial Officer Linda M. Harris, Delta Petroleum’s executive team combines decades of upstream experience. The company’s board of directors includes industry veterans in exploration geology, engineering and energy finance. Through disciplined capital allocation and a focus on operational efficiency, Delta Petroleum aims to deliver steady production growth and long-term reserves replacement.
AI Generated. May Contain Errors.