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Delta Petroleum's CEO Discusses Q4 2010 Results - Earnings Call Transcript

Delta Petroleum (DPTR)

Q4 2010 Earnings Call

March 17, 2011 12:00 pm ET

Executives

Kevin Nanke - Chief Financial Officer, Treasurer, Chief Financial Officer of DHS Drilling Company, Treasurer of DHS Drilling Company and Director of DHS Drilling Company

Daniel Taylor - Chairman, Member of Audit Committee and Member of Nominating & Governance Committee

Carl Lakey - Chief Executive Officer and Director

Broc Richardson - Vice President of Corporate Development & Investor Relations

Analysts

Evan Templeton - Jefferies Co

Joseph Magner - Macquarie Research

Jeff Davies - Waterstone Capital

Gregg Brody - JP Morgan

Michael Martino

Andrew Shapiro - Lawndale

Presentation

Operator

Hello, and welcome to the Delta Petroleum Year-End 2010 Financial Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Broc Richardson. Please go ahead.

Broc Richardson

Thanks, Amy. Good morning and thank you for joining us for Delta's Fourth Quarter and Year-End 2010 Financial and Operating Results Conference Call. Before we begin, I would like to remind you that we are conducting this call under Safe Harbor, and that this call will include projections and forward-looking statements within the meaning of the Federal Securities laws and are intended to be covered by the Safe Harbor protections. In that regard, you are referred to the cautionary statement displayed on Delta’s website, which is incorporated by reference with respect to the information provided for this call. Investors are urged to consider closely the oil and gas disclosures and the risk factors set forth in Delta’s Form 10-K for fiscal year ended December 31, 2010, as updated by subsequent periodic and current reports on Forms 10-Q and 8-K respectively.

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