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(DPTR) SqueezeTrigger Price is $19.544. There is $175,520,520.00 That Short Sell

Mr Roger K. Olsson | 10.08.2007 09:55 | Analysis | Other Press | Technology | London | World

Giuen Media



Friday, August 10, 2007


Aug. 10, 2007 (M2 Communications Ltd. delivered by Newstex) --

BUYINS.NET / www.squeezetrigger.com is monitoring DELTA PETROLEUM C (NASDAQ:DPTR) in real time and just received an alert that is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 8946000 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $19.544. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit  http://www.squeezetrigger.com .

From January 2005 to July 2007, an aggregate amount of 156622228 shares of DPTR have been shorted for a total dollar value of $2,975,822,332.00. The DPTR SqueezeTrigger price of $19.544 is the volume weighted average price that all shorts are short in shares of DPTR. There is still approximately $175,520,520.00 of potential short covering in shares of DPTR.

SqueezeTrigger.com has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at  http://www.squeezetrigger.com .

DELTA PETROLEUM C (NASDAQ:DPTR) Delta Petroleum Corporation (Delta), incorporated in 1984, is an independent energy 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 Gulf Coast regions, which comprise the majority of its proved reserves, production and long-term growth prospects. Delta has a significant drilling inventory that consists of proved and unproved locations, the majority of which are located in its Rocky Mountain development projects. The Company also owns a 49.5% interest in DHS Drilling Company (DHS), a drilling company that provides Delta full-time access to 11 drilling rigs, primarily in the Rocky Mountain region. As of December 31, 2005, Delta owned 91.68% of the outstanding common stock of Amber Resources Company of Colorado (Amber). Amber is a public company that owns undeveloped oil and gas properties in federal units offshore California, near Santa Barbara.

In November 2005, Delta announced its merger agreement with Castle Energy Corporation. Castle's assets include producing oil and gas properties located in Western Pennsylvania and certain other assets. The merger is subject to the approval of Castle's stockholders.

During the year ended December 31, 2005, Delta transferred its ownership in approximately 64,000 net acres of non-operated interests in the Columbia River Basin to CRB Partners, LLC (CRBP), which originally was a wholly owned subsidiary. Subsequent to year-end 2005, the Company sold a minority interest in CRBP. Delta has retained the majority ownership in, and is the manager of CRBP. This sale did not involve any of the Company's operated 100% leasehold of approximately 332,000 net acres in the Columbia River Basin.

On February 1, 2006 Delta entered into a purchase and sale agreement with Armstrong Resources, LLC (Armstrong) to acquire a 65% working interest in approximately 88,000 acres in the central Utah hingeline play. The agreement was effective for all purposes, as of January 26, 2006. Armstrong will retain the remaining 35% working interest in the acreage. As part of the transaction, Delta will pay 100% of the drilling costs for the first three wells in the project. Delta will be the operator of the majority of the acreage and drilling is expected to begin during 2006.

Oil and Gas Operations

The Company's oil and gas operations have been comprised primarily of production of oil and gas, drilling exploratory and development wells and related operations, and acquiring and selling oil and gas properties. Directly or through wholly owned subsidiaries and through Amber and CRBP, Delta owns producing and non-producing oil and gas interests, undeveloped leasehold interests and related assets in 15 states, interests in a producing Federal unit offshore California and undeveloped offshore Federal leases near Santa Barbara, California. As of year-end 2005, Delta controlled approximately 990,000 net undeveloped acres, representing in excess of 96% of its total acreage position.

As of December 31, 2005, the Company's reserves comprised approximately 181.2 billion cubic feet (Bcf) of natural gas and 14.7 million barrels of crude oil or 269.4 thousand cubic feet of natural gas equivalent (Mcfe). On an equivalent basis, 67% of Delta's proved reserves are natural gas and 38.5% are proved developed. Approximately 38% of its proved reserves are located in the Rocky Mountains, 48% in the Gulf Coast and 14% in other locations.

In the Rocky Mountains, the Company's primary activities are focused in the Piceance Basin, Wind River Basin and Denver-Julesburg (D-J) Basin that provide a large inventory of development and exploration drilling. In the Piceance Basin, Delta is focusing its development efforts on the Vega Unit in Mesa County and the Garden Gulch Field in Garfield County, Colorado. The Vega unit had net productive capacity of 5 million cubic feet of natural gas equivalent (MMcfe) per day in 2005. Net production in the Garden Gulch Field was 650 Mcfe per day i

The SqueezeTrigger database of approximately 1 billion short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like SqueezeTrigger.com to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit  http://www.squeezetrigger.com

About SQUEEZETRIGGER.COM

WWW.SQUEEZETRIGGER.COM is a service designed to help bonafide shareholders of publicly traded US companies fight short selling. SqueezeTrigger.com has built a proprietary database that uses Threshold list feeds and short sale time and sale data from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short trades.

SQUEEZETRIGGER.COM has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly one billion short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like SqueezeTrigger.com to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, SQUEEZETRIGGER.COM provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by SQUEEZETRIGGER.COM, based upon information believed to be reliable. The information contained herein is not guaranteed by SQUEEZETRIGGER.COM to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion.

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Newstex ID: MCOM-0001-18806266


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Mr Roger K. Olsson
- e-mail: rogerkolsson@yahoo.co.uk
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