Delta Petroleum Corp. (DPTR) Reports Operational and Financial Update
Delta Petroleum Corp. reported a financial and operational update on the company’s oil and gas exploration and development activities in the United States. The company is involved with various projects in the Rocky Mountains area. Delta Petroleum reported cash of $3.9 million as of the end of the second quarter of 2011, with another $18 million available under a credit line. The company expects that this cash along with operating cash flow and the credit facility will be enough to fund the company’s capital program through the end of 2011. Delta Petroleum said that the Delta 2C well started production…