Delta Petroleum Corp. (NASDAQ:DPTR) Stock Falls 4% in Opening Session

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Delta Petroleum Corp. (NASDAQ:DPTR) decreases 4% to $0.978 on 3.05 million shares. The stock hit an intraday high and an intraday low of $1.04 and $0.95 respectively. In the last six months the stock went down over 44%. Delta Petroleum Corporation 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. The Company’s core areas of operation are the Rocky Mountain and onshore Gulf Coast Regions. During the year ended December 31, 2008, the Company were engaged in two industry segments, namely the acquisition, exploration, development, and production of oil and natural gas properties and related business activities, and contract oil and natural gas drilling operations. 

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