Delta Petroleum Corporation (Delta) 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.