DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR)

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DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR)

 
07.10.08 19:55
#1
HOMEPAGE:
http://www.deltaoilandgas.com/

SEC-FILINGS:
http://www.sec.gov/cgi-bin/...e=&SIC=&owner=include&action=getcompany

Kurs-Übersicht:
DTL - http://www.ariva.de/quote/simple.m?secu=794594
USA - http://www.ariva.de/quote/profile.m?secu=794594

Finanznachrichten/NEWS:
http://www.finanznachrichten.de/nachrichten-aktien/delta-oil-gas.asp
http://finance.yahoo.com/q?s=DOIG.OB

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...in diesem Thread soll in vernünftiger Weise über die Aktie (Tickersymbol: DOIG) informiert und diskutiert werden.
Jedem User steht es frei, sich an diesem Informationsaustausch zu beteiligen.

Werbung für andere Aktien, Sinnlos-Beiträge sowie Beleidigungen von/über User werden von mir rigoros geahndet und mit Sperre des ausführenden Users für meine Threads geandet!
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Sieht sich ein User zu unrecht in diese Liste aufgenommen, so steht es ihm/ihr frei per BM mit mir Kontakt aufzunehmem...

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07.10.08: http://www.marketwire.com/press-release/...il-and-Gas-Inc-907640.html

Delta Oil & Gas Files Form S-4 in Anticipation of Offer to Acquire at Least 80% of the Shares of The Stallion Group on a Fully-Diluted Basis (OTCBB: SLGR)

SEATTLE, WA--(Marketwire - October 7, 2008) - Delta Oil & Gas, Inc. (OTCBB: DOIG) is pleased to announce that it has filed a Form S-4 with the Securities and Exchange Commission in order to register 27,168,832 of its common shares, which will form part of the consideration being offered to shareholders of The Stallion Group ("Stallion") in a proposed offer to acquire at least 80% of the shares of Stallion on a fully-diluted basis. Subject to the terms and conditions of the offer as contained in the Form S-4, it is anticipated that the consideration for each Stallion common share tendered in the offer and accepted would be 0.333 of a share of Delta common stock, and cash in the amount of $0.0008.

The Form S-4 filing is an extensive document containing information regarding the rationale for this decision, the process for acquiring the Stallion stock, the risks involved, current and pro-forma financial statements, and details of Stallion's current operations. This Form S-4 filing is the first step in the process of acquiring at least 80% of the shares of Stallion on a fully-diluted basis and is subject to SEC review and clearance prior to proceeding.

The Stallion Group (OTCBB: SLGR) is an advanced oil and gas exploration and emerging early stage development company focused on its Mississippi, Louisiana and California exploration areas in the United States. Stallion has developed a foundational strategy which includes extensive analysis of all drilling opportunities. Once the analysis phases are complete, Stallion can and does move very quickly to drill and establish reserve and production values. Stallion's management is tasked with the requirement to manage exploration and development risk by participating only with mature oil and gas operators on our AMI lands (Area of Mutual Interest). Stallion has interests in common with Delta in Mississippi, Phase II and prospects in the Sacramento Valley, California, including one producing natural gas well and the right to participate in future wells at that location. For more information about Stallion, it maintains a website located at www.thestalliongroup.com.

Delta sees many synergies between itself and Stallion and with a view to accelerating growth in Delta, while maintaining its relatively small overhead, it sees Stallion as an excellent company to be combined with Delta.

Additional Information and Where to Find It

In connection with this proposed transaction, Delta will also file with the U.S. Securities and Exchange Commission (SEC) a statement on Schedule TO. Stallion shareholders are strongly encouraged to read the registration statement and any other relevant documents filed with the SEC, as well as any amendments and supplements to those documents, because they will contain important information about the proposed transaction. The final prospectus will be mailed to shareholders of Stallion. Investors and security holders will be able to obtain free copies of the registration statement as well as other filed documents containing information about the proposed transaction, without charge, at the SEC's web site (www.sec.gov). Neither Delta nor any of their respective directors or executive officers makes any recommendation as to whether you should participate in the proposed transaction.

This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Such an offer may be made solely by a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended. Accordingly, the offer for the outstanding shares of Stallion common stock pursuant to the proposed transaction described in this communication has not commenced. At the time that the proposed transaction is commenced, Delta will file a statement on Schedule TO with the SEC. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions.

About Delta Oil & Gas

Delta Oil & Gas is an exploration company focused on developing North American oil and natural gas reserves. The Company's current focus is on the exploration of its land portfolio comprised of working interests in the following prospects: the Mississippi prospects, the horizontal drilling prospect in Saskatchewan, the 2006-03 Prospect at Garvin and Murray Counties, Oklahoma and the 2007-01 Prospect in Garvin County, Oklahoma. Delta Oil & Gas is seeking to expand its portfolio to include additional interests in Canada and the USA.

On behalf of the Board of Directors,

DOUGLAS N. BOLEN, CEO

Safe Harbor Statement

This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to time frames, expectations for completion; the analysis of results and the intention to drill. Actual outcomes and the Company's results could differ materially from those in such forward-looking statements. Factors that could cause results to differ materially include general factors that affect all companies that explore for oil and gas, such as the uncertainty of the requirements demanded by environmental agencies, the fact that oil and gas extraction and production is risky, the potential that no commercial quantities of gas are found or recoverable, the price of oil and gas, geological problems that prevent us from reaching drilling targets and specific risks such as the Company's ability to raise financing.
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 190927
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DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

07.10.08: SEC-Filings SLGR

 
07.10.08 20:02
#2
Current report filing (8-K)
ih.advfn.com/...&cb=1223402310&article=28544517&symbol=NB^SLGR

Filing of certain prospectuses and communications in connection with business combination transactions (425)
ih.advfn.com/...&cb=1223402310&article=28563588&symbol=NB^SLGR

Delta Oil & Gas Files Form S-4 in Anticipation of Offer to Acquire at Least 80% of the Shares of The Stallion Group
ih.advfn.com/...&cb=1223402310&article=28564228&symbol=NB^SLGR

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aktueller Kurs SLGR: ih.advfn.com/p.php?pid=squote&symbol=SLGR
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DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

DOIG Clarifies That Its Anticipated Offer to ...

 
15.10.08 17:33
#3
www.marketwire.com/press-release/...il-and-Gas-Inc-909855.html

Oct 14, 2008 18:47 ET

Delta Oil & Gas Clarifies That Its Anticipated Offer to Acquire at Least 80% of the Shares of The Stallion Group on a Fully-Diluted Basis Has Not Commenced (OTCBB: SLGR)

SEATTLE, WA--(Marketwire - October 14, 2008) - Delta Oil & Gas, Inc. (OTCBB: DOIG) announced that it filed a registration statement on Form S-4 with the Securities and Exchange Commission on October 7, 2008 in order to register 27,168,832 of its common shares which will form part of the consideration being offered to shareholders of The Stallion Group (OTCBB: SLGR) ("Stallion") in a proposed offer to acquire at least 80% of the shares of Stallion on a fully-diluted basis.

When reviewing the registration statement on Form S-4 and any other relevant documents filed with the SEC, as well as any amendments and supplements to those documents, the Stallion shareholders should disregard the letter of acceptance and transmittal filed as Exhibit 99.2 to the Form S-4. The offer for the outstanding shares of Stallion common stock pursuant to the proposed transaction described in this communication and in the Form S-4 has not commenced. No Stallion shareholders have tendered their shares and Delta will only accept tendered shares of Stallion common stock after the offer has commenced. Delta intends to commence the offer for the outstanding shares of Stallion common stock after the effective date of the registration statement on Form S-4. At the time that the proposed transaction is commenced, Delta will file a statement on Schedule TO with the SEC and the final prospectus will be mailed to shareholders of Stallion.

Additional Information and Where to Find It

In connection with this proposed transaction, Delta will also file with the U.S. Securities and Exchange Commission (SEC) a statement on Schedule TO. Stallion shareholders are strongly encouraged to read the registration statement and any other relevant documents filed with the SEC, as well as any amendments and supplements to those documents, because they will contain important information about the proposed transaction. The final prospectus will be mailed to shareholders of Stallion. Investors and security holders will be able to obtain free copies of the registration statement as well as other filed documents containing information about the proposed transaction, without charge, at the SEC's web site (www.sec.gov). Neither Delta nor any of their respective directors or executive officers makes any recommendation as to whether you should participate in the proposed transaction.

This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Such an offer may be made solely by a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended. Accordingly, the offer for the outstanding shares of Stallion common stock pursuant to the proposed transaction described in this communication has not commenced. At the time that the proposed transaction is commenced, Delta will file a statement on Schedule TO with the SEC. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions.

About Delta Oil and Gas

Delta Oil and Gas is an exploration company focused on developing North American oil and natural gas reserves. The Company's current focus is on the exploration of its land portfolio comprised of working interests in the following prospects: the Mississippi prospects, the horizontal drilling prospect in Saskatchewan, the 2006-03 Prospect at Garvin and Murray Counties, Oklahoma and the 2007-01 Prospect in Garvin County, Oklahoma. Delta Oil & Gas is seeking to expand its portfolio to include additional interests in Canada and the USA.

On behalf of the Board of Directors,

DOUGLAS N. BOLEN, CEO

Safe Harbor Statement

This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to time frames, expectations for completion; the analysis of results and the intention to drill. Actual outcomes and the Company's results could differ materially from those in such forward-looking statements. Factors that could cause results to differ materially include general factors that affect all companies that explore for oil and gas, such as the uncertainty of the requirements demanded by environmental agencies, the fact that oil and gas extraction and production is risky, the potential that no commercial quantities of gas are found or recoverable, the price of oil and gas, geological problems that prevent us from reaching drilling targets and specific risks such as the Company's ability to raise financing.
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DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

Quartalsbericht (+294% ggüber Q3/2007)

 
14.11.08 21:52
#4
www.sec.gov/Archives/edgar/data/1166847/...000310/mainbody.htm

Results of Operations for the three and nine months ended September 30, 2008 and 2007

Our gross revenue generated for the three months ended September 30, 2008 was $909,222, an increase of approximately 294% from revenues of $230,483 for the three months ended September 30, 2007.  Our gross revenue generated for the nine months ended September 30, 2008 was $1,492,362, an increase of approximately 134% from revenues of $638,126 for the nine months ended September 30, 2007.  The increase in gross revenue for the three and nine months ended September 30, 2008, when compared the three and nine months ended September 30, 2007, is attributable to the sale of our working interest in the Owl Creek Prospect during the three months ended September 30, 2008 for a gain of $719,146.

Revenue generated from natural gas and oil sales was $190,076 for the three months ended September 30, 2008, a decrease of approximately 18% from $230,483 for the three months ended September 30, 2007.  The decrease in revenue from natural gas and oil sales for the three months ended September 30, 2008, when compared the three months ended September 30, 2007, is primarily attributable to our wells in the Owl Creek Prospect not generating revenue for the entire three month period ended September 30, 2008 due to a temporary suspension of production in order to address maintenance issues and the sale of our working interest in the Owl Creek Prospect in July 2008.

Revenue generated from natural gas and oil sales was $773,216 for the nine months ended September 30, 2008, an increase of approximately 21% from $638,126 for the nine months ended September 30, 2007.  The increase in revenue from natural gas and oil sales for the nine months ended September 30, 2008, when compared the nine months ended September 30, 2007, is primarily attributable to revenues received from the additional wells from the Owl Creek and Palmetto prospects which started to produce revenue during the reporting period and an increase in commodity prices achieved on sales of hydrocarbons.

We incurred costs and expenses in the amount of $250,147 for the three months ended September 30, 2008, a 43% decrease from costs and expenses of $440,296 for the three months ended September 30, 2007.  We incurred costs and expenses in the amount of $1,123,247 for the nine months ended September 30, 2008, a 38% decrease from costs and expenses of $1,804,437 for the nine months ended September 30, 2008.

The decrease in costs and expenses for the three and nine months ended September 30, 2008, when compared the three and nine months ended September 30, 2007, is primarily attributable to the following factors:

·  
          §
General and administrative costs for the three months ended September 30, 2008 decreased to $158,457 from $163,918 for the three months ended September 30, 2007, a decrease of 3%.  General and administrative costs for the nine months ended September 30, 2008 decreased to $344,090 from $1,075,260 for the nine months ended September 30, 2007, a decrease of 68%.  The decrease in general and administrative costs was caused by a reduction in stock based compensation expense attributable to the issuances of stock options and shares of common stock.  Stock based compensation expense for the three months ended September 30, 2008 was $47,700 as compared to $53,477 for the three months ended September 30, 2007.  Stock based compensation expense for the nine months ended September 30, 2008 was $47,700, as compared to $680,397 for the nine months ended September 30, 2007.
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DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

DOIG Successfully Completes Third Well...

 
20.11.08 20:10
#5
www.marketwire.com/press-release/...il-and-Gas-Inc-923101.html

Nov 20, 2008 13:47 ET
Delta Oil & Gas Successfully Completes Third Well in Southeastern Saskatchewan, Canada

SEATTLE, WA--(Marketwire - November 20, 2008) - Delta Oil & Gas, Inc. (OTCBB: DOIG) is extremely pleased to announce that the third well at Wordsworth, Saskatchewan (the "2-23 horizontal well") has been drilled and completed and initially produced approximately 72 cubic meters of oil (454 barrels) of flush production per day. The Company expects the production to settled at around 80 barrels of oil per day. The well was drilled to a total horizontal depth of approximately 6,244 feet, swabbing was undertaken from total depth to 3,415 feet on approximately 330 feet intervals at various rates and tubing was set at 3,415 feet. The well began flowing under its own pressure on November 14, 2008.

This well is different from the first well drilled at a nearby location in that the oil pay zones in this well are spaced out along the length of the well rather than concentrated at one end of the well. This means that the new well should drain parts of the dolomite oil reservoir not encountered in the first well.

We anticipate that this well will produce at its strongest levels in the first two years and expect to extract in excess of 60,000 barrels of oil in that time. Additionally, this well provided some important insight into the porous reservoir distribution in this area of the field and will help in determining the locations of future wells to maximize the recovery of hydrocarbons.

Delta owns a 7.5% working interest in the 2-23 horizontal well. This area is known for prolific oil reserves in numerous Mississippian Alida pools The Company is now in discussions with the operator with respect the drilling of additional wells in the vicinity.

About Delta Oil & Gas

Delta Oil & Gas is an exploration company focused on developing North American oil and natural gas reserves. The Company's current focus is on the exploration of its land portfolio comprised of working interests in the following prospects: the Mississippi prospects, the horizontal drilling prospect in Saskatchewan, the 2006-03 Prospect at Garvin and Murray Counties, Oklahoma and the 2007-01 Prospect in Garvin County, Oklahoma. Delta Oil & Gas is seeking to expand its portfolio to include additional interests in Canada and the USA.

On behalf of the Board of Directors,

DOUGLAS N. BOLEN, CEO

Safe Harbor Statement

This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to time frames, expectations for completion; the analysis of results and the intention to drill. Actual outcomes and the Company's results could differ materially from those in such forward-looking statements. Factors that could cause results to differ materially include general factors that affect all companies that explore for oil and gas, such as the uncertainty of the requirements demanded by environmental agencies, the fact that oil and gas extraction and production is risky, the potential that no commercial quantities of gas are found or recoverable, the price of oil and gas, geological problems that prevent us from reaching drilling targets and specific risks such as the Company's ability to raise financing.
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LONG      GNPH
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Eröffnunsspiel 3.Liga: RWE-SGD  0:1
DFB-Pokal 1.Runde '08: RWE-Bayern München  3:4
!! RWE-Jxxa  2:1
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) digger2007
digger2007:

@0815ax frage ...

2
21.11.08 15:44
#6
wie schaetzen sie die weitere zukunft von delta oil ein?
wird delta oil pleite machen ?
gruss digger
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

@ dig...:

 
21.11.08 16:19
#7
... sieht man sich den Gesamtchart an, dann ist dies eigentlich aussagekräftig genug!
Von daher ist die Frage eher mit JA zu beantworten.
Die Frage ist eben, welchen Weg DOIG durch den teilw. Erwerb von SLGR gehen wird ???


  ax
*amM - keine Kaufempfehlung

LONG      GNPH
ZOCK     WAMUQ / LBSU
                     
Eröffnunsspiel 3.Liga: RWE-SGD  0:1
DFB-Pokal 1.Runde '08: RWE-Bayern München  3:4
!! RWE-Jxxa  2:1
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) digger2007
digger2007:

Mail von Delta Oil - News vom November 26, 2008

2
27.11.08 05:59
#8
Habe diese Mail gestern Nacht erhalten:

Delta Oil & Gas successfully completes third well in Southeastern Saskatchewan, Canada
November 20, 2008

Delta Oil and Gas, Inc, (OTC:BB – DOIG) is extremely pleased to announce that the third well at Wordsworth, Saskatchewan (the “2-23 horizontal well”) has been drilled and completed and initially produced approximately 72 cubic meters of oil (454 barrels) of flush production per day. The Company expects the production to settled at around 80 barrels of oil per day. The well was drilled to a total horizontal depth of approximately 6,244 feet, swabbing was undertaken from total depth to 3,415 feet on approximately 330 feet intervals at various rates and tubing was set at 3,415 feet. The well began flowing under its own pressure on November 14, 2008.

This well is different from the first well drilled at a nearby location in that the oil pay zones in this well are spaced out along the length of the well rather than concentrated at one end of the well. This means that the new well should drain parts of the dolomite oil reservoir not encountered in the first well.

We anticipate that this well will produce at its strongest levels in the first two years and expect to extract in excess of 60,000 barrels of oil in that time. Additionally, this well provided some important insight into the porous reservoir distribution in this area of the field and will help in determining the locations of future wells to maximize the recovery of hydrocarbons.

Delta owns a 7.5% working interest in the 2-23 horizontal well. This area is known for prolific oil reserves in numerous Mississippian Alida pools The Company is now in discussions with the operator with respect the drilling of additional wells in the vicinity.
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DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

EDGAR-Filing FORM S-4/A (161208) DOIG - SLGR ...

 
20.12.08 10:32
#9
16.12.08 Delta Oil & Gas, Inc. - OFFER TO PURCHASE
all of the outstanding common shares of The Stallion Group
on the basis of 0.333 333  of a share of Delta Oil & Gas, Inc. and cash in the amount of $0.0008 for each Stallion Group common share

www.sec.gov/Archives/edgar/data/1166847/...000337/mainbody.htm
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 206697
*amM - keine Kaufempfehlung

                   
DFB-Pokal 1.Runde '08: RWE-Bayern München  3:4
RWE-Jxxa  2:1
Tabelle 3.Liga: (6) RWE
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) digger2007
digger2007:

Verstehe Leider nicht ....

2
31.12.08 08:18
#10
... was das heisst!
Vielleicht kann mir das mal jemand erklären...
Auf jeden Fall wünsche ich Dir 0815ax und allen anderen ARIVA Börsianern ein Gesundes und Erfolgreiches 2009.
Grüsse Euch alle Digger
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) digger2007
digger2007:

Es schein jetzt soweit zu sein ...

 
03.02.09 07:22
#11
... die Delta Oil hat bald IHREN BODEN GEFUNDEN - im Negativen Sinne!

Nach dem Absturz der letzten Tage - ist nun auch hier nix mehr zu machen!

Wieder dazugelernt! ?

Manche vielleicht DOCH NICHT!

Gruss Digger
Börsenerfolg ist - die richtige Aktie zum niedrigsten Preis zum richtigen Zeitpunkt einkaufen, beim höchsten Preis aussteigen - um von den paar Cent profit - dann gut Leben können, Digger
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) digger2007
digger2007:

Delta Oil nur noch Schrottwert?

2
07.03.09 12:29
#12
Früher haben wir Aktien gezeichnet -
heute sind wir durch Aktien gezeichnet!
Das ist keine Empfehlung für Handlungen jeglicher Art.
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) 0815ax
0815ax:

Offer to Acquire "SLGR" Closes Successfully

 
28.03.09 12:47
#13
www.finanznachrichten.de/...-group-closes-successfully-004.htm

27.03.2009 22:53
Delta Oil & Gas, Inc.'s Offer to Acquire the Stallion Group Closes Successfully

Delta Oil&Gas, (News) Inc. (OTCBB: DOIG) ("Delta Oil&Gas" or the "Company") is pleased to announce the successful acquisition of the offer to acquire the outstanding shares of The Stallion Group. (News)

Delta Oil&Gas has accepted the following number and approximate percentage of common shares of The Stallion Group based on the outstanding shares today:
     
Number of Common Shares Tendered           58,635,139    
Percentage of Outstanding Common Shares  80%

Delta Oil&Gas is pleased that shareholders of The Stallion Group have accepted the offer. The Company will now move quickly to integrate The Stallion Group into its business.

Under this offer, Delta Oil&Gas offered 0.333333 of its common shares and $0.0008 in cash for each outstanding common share of The Stallion Group. The aggregate number of shares of Delta Oil&Gas common stock to be issued in the offer will be approximately 19,545,026, which will represent approximately 80% of our outstanding stock, following the transaction. In connection with this offer, Delta will also pay approximately $46,908 in cash.

...(weiter siehe LINK)
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Tabelle 3.Liga: (6) RWE
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) digger2007
digger2007:

Mitteilung via Mail von Delta Oil.

 
26.11.09 18:02
#14
Delta Oil & Gas Completes 3 Wells at  its Oklahoma Prospect, Two More to be Drilled
November 25, 2009

Delta Oil and Gas, Inc, (OTC:BB – DLTA) is pleased to report that the first three wells at its 2009-1 Garvin County, Oklahoma Project drilling program have been completed and are flowing oil and natural gas.

The Saddle-1-28 well was drilled to a depth of 4,875 feet and after testing, production casing was set and the well is now producing oil and natural gas. The Saddle-2-28 was drilled to a total depth of 4,575 feet and initial testing justified the setting of production casing as well. Production has commenced on this well and it is producing natural gas. The Saddle-3-28 was drilled to a total depth of 4,750 feet, production casing was set in place and the well is being tested for oil and natural gas. The volumes of oil and natural gas being produced have not yet stabilized and as such, actual flow rates are expected to be announced in the near future.

As part of this 2009-1 drilling program of which Delta owns a 5% interest, there are an additional two wells yet to be drilled. They are called the Saddle-1-27 and the Saddle-2-27. They are in the same area as the first three wells and are expected to yield similar results to the first three wells in this program. The progress of drilling and completion activities are expected to be announced as information becomes available.

About Delta Oil and Gas

Delta Oil is an exploration company focused on developing North American oil and natural gas reserves.  Delta Oil’s current focus is on the exploration of its land portfolio comprised of working interests in acreage in King City, California; Southern Saskatchewan, Canada; and South Central, Oklahoma.  As a result of its acquisition of a controlling interest in The Stallion Group, a Nevada corporation, it expanded its property interests to include acreage in the North Sacramento Valley, California.

On behalf of the Board of Directors,

DOUGLAS N. BOLEN, President



Safe Harbour Statement

Statements in this press release which are not purely historical, including statements regarding Delta Oil’s intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. It is important to note that the Company's actual results could differ materially from those in any such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Our business could be affected by a number of other factors, including the risk factors listed from time to time in the company's SEC reports including, but not limited to, the annual report on Form 10-K for the year ended December 31, 2008 and the quarterly reports on Form 10-Q filed subsequently. The Company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Delta Oil & Gas, Inc. disclaims any obligation, and does not undertake to update or revise any forward-looking statements in this press release.

1.866.355.3644
IR@deltaoilandgas.com


Gruss @all Digger
oratio pro domo - Rede in eigener Sache
das ist keine Empfehlung für Handlungen jeglicher Art
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) Mikrokosmos
Mikrokosmos:

Abzocke

 
26.11.09 19:01
#15
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) digger2007
digger2007:

neue Mitteilung von Delta Oil.

 
01.12.09 07:29
#16
per Email bekommen:


Delta Oil & Gas Makes New Oil & Gas Discovery at Oklahoma Prospect
November 30, 2009

Delta Oil and Gas, Inc, (OTC:BB – DLTA) is pleased to report that the first well of the 2009-3 Oklahoma Project drill program appears to be a significant new discovery.

The Jackson-1-18 was drilled to a total depth of 5,493 feet. Electric well logs and a drill stem test that flowed both oil and gas, indicate the strong likelihood of another producing well for the Company. Logs also indicate that the well has as many as nine separate potential pay zones in three separate geological formations.

The Jackson-1-18 discovery is part of a four well program, and is located in the same geographic area as a highly successful well drilled in the 2008-3 program. Although Delta did not participate in that drilling program, that well was completed in mid-May and commenced flowing oil and gas at rates between 380 and 400 barrels of oil and 60 mcf of natural gas per day. After six months, the well from the 2008-3 program is still flowing at these same production rates with no decrease in flowing pressures. As of November 1, 2009, the well had already produced over 65,000 barrels of oil and 7,400 mcf of gas.

A work over rig will be mobilized to complete the Jackson-1-18 well and perform any required treatments prior to final testing. Further information regarding the 2009-3 drilling program will be disclosed as it becomes available.

The next of a total of 4 wells to be drilled as part of this drilling program is called the Brewer-1-20 and is to be drilled to a total depth of 6,400 feet. Drilling progress and results of this well will be disclosed as information becomes available.

Delta owns a 5% working interest in the wells covered by this drilling program and has fully paid the costs associated with this well.


Gruss Digger
oratio pro domo - Rede in eigener Sache
das ist keine Empfehlung für Handlungen jeglicher Art

Manche Menschen sind wie Kinder - nur größer! (digger)
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) Chalifmann3
Chalifmann3:

Vom AT-High aus gezweihundertstelt !

 
03.06.10 15:33
#17
Lektion gelernt ?

MFG
Chali
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) fishbet
fishbet:

ja

 
03.02.11 08:40
#18
de.advfn.com/p.php?pid=qkquote&symbol=NB%5EDLTA
DOIG - Delta Oil & Gas (...to Acquire 80% of SLGR) fishbet

news

 
#19
de.advfn.com/nachrichten/...-update-on-King-City_46445005.html


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