Delta Oil and Gas (DLTA)

[TechKim]

Promo? I do not believe so. My last conversation with the company is they prefer not to spend their money on promo's. The company put out a news release. It was very inviting. Below is the monsterous explosive news. MY OPINION!

"Delta had a total of 14.1 million common shares issued and outstanding, which equates to over 25 cents a share in reserve valuation. Douglas Bolen, President, stated: “We have built our asset base through controlling expenses and using the majority of our revenues and cash to re-invest in additional projects and wells. The company is proudly debt-free.”

The company expects the reserves valuation will take another leap forward with the addition of our King City Prospect in California. It is not included in this valuation report as it is yet to produce but the first well was drilled in late 2011 and is currently awaiting completion. Once completed and it starts to produce hydrocarbons, we expect to have a reserve evaluation report completed in order to assess its value."

http://finance.yahoo.com/news/delta-oil-gas-inc-increases-110000476.html