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Last $0.01 USD
Change Today 0.00 / 0.00%
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As of 8:10 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

delta oil & gas inc (DLTA) Snapshot

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06/1/15 - $0.07
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02/3/15 - $0.01
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delta oil & gas inc (DLTA) Details

Delta Oil & Gas, Inc., an independent natural gas and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States and Canada. Its principal properties include the Texas prospect in Newton county, Texas; and the Premont Northwest field in Jim Wells county, Texas. The company was incorporated in 2001 and is based in Vancouver, Canada.

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delta oil & gas inc (DLTA) Key Developments

Delta Oil & Gas Inc. Announces Management Changes

On January 31, 2015, the Board of Directors of Delta Oil & Gas Inc. met and accepted the resignation of Christopher Paton-Gay as a member of its board of directors and as CEO. In conjunction with Mr. Paton-Gay's resignation, Mr. Bolen has been re-appointed as the company's CEO. Mr. Bolen is the past CEO and is also the President and a Director.

Delta Oil & Gas Inc. Announces Resignation of Chris Tate as Member of the Board

Delta Oil & Gas Inc. announced that effective December 4, 2014, Chris Tate resigned as a member of the board of directors.

Delta Oil & Gas, Inc. Announces Flow Rates for its Donner Wells

Delta Oil and Gas reported that Natural Gas and Condensate production for its recently drilled and completed Donner #4 well, located in Newton County, Texas, is showing signs of stabilized production at approximately 400 MCF per day of sweet gas and 1 -- 2 barrels of condensate per day. This recently completed well is expected to be a solid producer at a consistent rate into the future. The Donner #4 well is the third successful well drilled in this prospect for Delta and its partner, Hillcrest Resources Ltd. The previously drilled Donner #1 has been consistently flowing high quality oil at a daily rate of between 40 and 48 barrels of oil on a restricted 5/64" choke. The Donner #1 production has not changed in almost 2 years with no signs of decline or water intrusion. The previously drilled Donner #2 sweet gas well is producing in the range of 400 MCF of natural gas per day.


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