Delta Petroleum Corporation Valuation Report, Q2 2010 - Strategic and Operational Analysis

GlobalData, July 2010, Pages: 119

Delta Petroleum Corporation Valuation Report, July 2010 - Strategic and Operational Analysis

Summary

Delta Petroleum Corporation is an independent oil and gas company engaged primarily in the exploration, acquisition, development and production of natural gas and crude oil mainly in the Rocky Mountain and onshore Gulf Coast regions. The company owns interests in developed and undeveloped oil and gas properties in federal units offshore California near Santa Barbara in the US. It is also engaged in contract drilling operations, as well as providing moving services for third party drilling rigs in the Casper, Wyoming area, in the US. The company had approximately 813,000 acres at 31 December 2009, out of which 797,144 are undeveloped acreage with the remainder being developed acreage. Delta has 126.7 billion cubic feet (Bcf) of natural gas and 4.5 million barrels of liquid (MMbbl) reserves as at 31 December 2009 out of which the Rocky Mountain region comprises 73% of the estimated proven reserves.

Scope

- Investment Thesis: This section highlights the companies new ventures, liquidity issues, assets analysis, hedging, new projects details, capex funding, geographical results of oil and gas operations, and other related analysis.
- Goals and Strategies: Provide highlights on their existing and upcoming challenges with the possible strategies.
- SWOT: This section highlights the companies internal strength, weakness, opportunities and threats to better understand their position in the market
- Production and Development profile: This section highlights the companies’ forecasted crude oil and natural gas production from their existing and upcoming assets. It also covers the detailed information and analysis on the producing and development assets.
- Exploration and M&A trends: This section includes exploration assets information resulted due to new discoveries, new drilling and other activities. Additionally, M&A section highlights the companies’ recent assets transactions, joint ventures, acquisition, and divestment activities during the specified period.
- Financial Forecast and Valuation: This section highlights the detailed financial forecast of the companies for coming five years. This section also provides intrinsic value of the companies’ by using different valuation techniques.
- Peer Group: This section compares peer group performance with the main companies on the basis of share prices, financial ratios, operational and financial parameters and other related activities.

Reasons to buy

- The report will enhance the decision-making capability in a more rapid and time sensitive manner. It will allow you to:
- Provide detailed analysis to those who are interested in knowing the companies’ existing and future business strategies.
- Provide in-depth analysis on the companies E&P profiles along with the exploration and M&A updates.
- Provide valuable insights to those who are tracking oil and gas markets and wants to know the intrinsic value of the companies.
- Use the analysis for strategy and planning, M&A identifications, and competitor analysis.

1 Table of contents
1.1 List of Tables
1.2 List of Figures
2 Delta Petroleum Corporation, Company Overview
3 Delta Petroleum Corporation, Watchlist for 2010
4 Delta Petroleum Corporation, Investment Summary
4.1 Severe Liquidity Crunch; Questioning on Delta’s Going Concern
4.2 Seeking Joint Venture Partner or Potential Buyer To Sell Part or Whole Assets
4.3 Substantial Asset Base in Area untouched by Other Operators
5 Delta Petroleum Corporation, SWOT Analysis
5.1 Strengths
5.1.1 Increasing Production Volumes Despite Liquidity Concerns
5.1.2 Higher Working Interest on Its Acreage and Operational Control
5.2 Weaknesses
5.2.1 Liquidity Crisis and Increasing Debt to Equity Ratio
5.2.2 Declining Financial Margins
5.2.3 Less Diversified Portfolio and Lower Oil Mix
5.3 Opportunities
5.3.1 Joint Venture/Potential Buyer for Delta’s Assets
5.4 Threats
5.4.1 Failure of Deals Can Result In Erosion of Shareholders Value
6 Delta Petroleum Corporation, Goals and Strategies
6.1 Seeking Joint Venture/Potential Buyer for its Assets
6.2 Development of its Assets in the Rocky Mountain Especially Vega Area
7 Delta Petroleum Corporation, Production Overview
7.1 Production Profile
7.2 Assets Portfolio
7.2.1 Rocky Mountain
7.3 Costs Incurred
8 Delta Petroleum Corporation, Exploration and Development Overview
8.1 Exploration Overview
8.1.1 Piceance Basin
8.1.2 Paradox Basin
9 Delta Petroleum Corporation, M&A Highlights
10 Delta Petroleum Corporation, Outlook
11 Delta Petroleum Corporation, Forecasted Production and Financial Statements
11.1 Income Statement (2007–2014)
11.2 Balance Sheet (2007–2014)
11.3 Cash Flow Statement (2007–2014)
11.4 Financial Ratios
12 Delta Petroleum Corporation, Valuation
12.1 Net Asset Value
13 Delta Petroleum Corporation, Peer Comparision
13.1 Share Price Performance
13.2 Operational and Financial Performance
13.3 Key Financial and Operational Ratio
14 Delta Petroleum Corporation, Key Risks
14.1 Crude oil and natural gas prices
14.2 Political Instability
14.3 Competition
14.4 Reserves and Drilling operations
15 Delta Petroleum Corporation, Detailed Financial and Operational Metrics
15.1 Delta Petroleum Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced
15.1.1 Results of Oil & Gas Operations Per boe Produced, Q1, 2009-Q1, 2010
15.1.2 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2009-Q1, 2010
15.2 Delta Petroleum Corporation, Quarterly E&P Costs Trends
15.2.1 Upstream Capital Expenditure, Q1, 2009-Q1, 2010
15.3 Delta Petroleum Corporation, Total Oil and Gas Production
15.3.1 Total Crude Oil and Natural Gas Production Trend, Q1, 2009-Q1, 2010
15.3.2 Total Crude Oil & Natural Gas Production, The US, Q1, 2009-Q1, 2010
15.4 Delta Petroleum Corporation, Crude Oil Production
15.4.1 Total Crude Oil Production Trend, Q1, 2009-Q1, 2010
15.4.2 Crude Oil Production, The US, Q1, 2009-Q1, 2010
15.5 Delta Petroleum Corporation, Natural Gas Production
15.5.1 Total Natural Gas Production Trend, Q1, 2009-Q1, 2010
15.5.2 Natural Gas Production, The US, Q1, 2009-Q1, 2010
15.6 Delta Petroleum Corporation, Valuation and Financial Data
15.6.1 Share Price Performance, 2004–2009
15.6.2 Key Valuation Metrics, 2004–2009
15.7 Delta Petroleum Corporation, Total Oil and Gas, Reserves and Production
15.7.1 Total Crude Oil and Natural Gas Production and Reserves Trend, 2004–2009
15.7.2 Total Crude Oil & Natural Gas Production and Reserves The US, 2004–2009
15.7.3 Total Crude Oil and Natural Gas Reserve Changes, 2004–2009
15.8 Delta Petroleum Corporation, Crude Oil/Liquids Production and Reserve
15.8.1 Crude Oil/Liquids Production and Reserve Trend, 2004–2009
15.8.2 Crude Oil Production and Reserves The US, 2004–2009
15.8.3 Crude Oil/Liquids Reserve Changes, 2004–2009
15.9 Delta Petroleum Corporation, Natural Gas Production and Reserve
15.9.1 Natural Gas Production and Reserve Trend, 2004–2009
15.9.2 Natural Gas Production and Reserves, The US, 2004–2009
15.9.3 Natural Gas Reserve Changes, 2004–2009
15.10 Delta Petroleum Corporation, Total Crude Oil and Natural Gas Reserves Life Index
15.10.1 Total Crude Oil and Natural Gas Reserves Life Index, 2004–2009
15.10.2 Total Crude Oil and Natural Gas Reserves Life Index, The US, 2004–2009
15.11 Delta Petroleum Corporation, Allocation of the Upstream Capital Expenditure
15.11.1 Upstream Capital Expenditure, 2004–2009
15.11.2 Acquisition Costs The US, 2004–2009
15.11.3 Exploration and Development Costs, The US, 2004–2009
15.12 Delta Petroleum Corporation, Oil and Gas Cost Per boe, $/boe
15.12.1 Oil and Gas Cost Per boe, $/boe, 2004–2009
15.12.2 Oil and Gas Cost Per boe, $/boe, The US, 2004–2009
15.13 Delta Petroleum Corporation, Oil and Gas Production Replacement Ratio
15.13.1 Oil and Gas Production Replacement Ratio, 2004–2009
15.13.2 Oil and Gas Production Replacement Ratio, The US, 2004–2009
15.14 Delta Petroleum Corporation, Oil and Gas Revenue and Expenses
15.14.1 Oil and Gas Revenue and Expenses, 2004–2009
15.14.2 Oil and Gas Revenue and Expenses, The US, 2004–2009
15.15 Oil and Gas Revenue and Expenses, Per boe
15.15.1 Oil and Gas Revenue and Expenses, By boe, 2004–2009
15.15.2 Oil and Gas Revenue and Expenses Per boe, The US, 2004–2009
15.16 Delta Petroleum Corporation, Oil and Gas Performance Metrics
15.17 Delta Petroleum Corporation, Developed and Undeveloped Acreage
15.17.1 Gross and Net Developed and Undeveloped Acreage, 2004–2009
15.17.2 Gross and Net Developed and Undeveloped Acreage, The US, 2004–2009
15.18 Delta Petroleum Corporation, Well Statistics
15.18.1 Producible Oil and Gas Well, 2004–2009
15.18.2 Producible Oil and Gas Well, The US, 2004–2009
15.18.3 Exploration and Development Wells Drilled, 2004–2009
15.18.4 Exploration and Development Wells Drilled, The US, 2004–2009
15.18.5 Developed Reserves per Well, Oil (Mbbls per Well), Gas (MMcf per Well), Oil & Gas (Mboe per Well), 2004–2009
15.18.6 Developed Reserves per Well, The US, 2004–2009
16 Appendix
16.1 Methodology
16.1.1 Coverage
16.1.2 Secondary Research
16.1.3 Primary Research
16.2 Data Sources
16.2.1 Company Source
16.2.2 SEC/Other Regulatory Filings
16.2.3 Agency Reports
16.2.4 Other Sources
16.3 Methodology for Company Valuation
16.4 Expert Panel Validation
16.5 Units of Measure
16.6 About Us
16.7 Disclosure
16.8 Disclaimer

Customers who bought this item also bought

• Charter Schools - Global Outlook
• eLEARNING - Global Strategic Business Report
• Aerospace and Defense Industry - Global Strategic Business Report
• North America – Smart Weapons Markets and Technologies Outlook – 2013-2020
• Sports and Fitness Nutrition - Global Strategic Business Report
• Education Services - Global Strategic Business Report
• Commercial And Military Flight Simulation - Global Strategic Business Report
• The Global UAV Payload Market 2012-2022
• Private Tutoring - Global Strategic Business Report
• Defense Robotics - Global Strategic Business Report