Delta Petroleum Corporation Announces Additional New Hire Share Grants

DENVER, April 12 /PRNewswire-FirstCall/ -- Delta Petroleum Corporation (the "Company") , an independent energy exploration and development company, today announced that a total of 9,894 shares of its common stock were granted to five new employees on March 31, 2007 as an inducement to entering into employment with the Company. All of these grants were made to non-executive officer employees under the Company's 2006 New Hire Plan. The shares granted to these employees vest over a three-year period.

Delta Petroleum Corporation is an oil and gas exploration and development company based in Denver, Colorado. The Company's core areas of operations are the Gulf Coast and Rocky Mountain Regions, which comprise the majority of its proved reserves, production and long-term growth prospects. Its common stock is traded on the NASDAQ Global Market under the symbol "DPTR."

For further information contact the Company at [phone] or via email at

[e-mail]

OR

RJ Falkner & Company, Inc., Investor Relations Counsel at [phone] or

via email at [e-mail]