UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-K/A
AMENDMENT NO. 1

[X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 for the fiscal year ended June 30, 2005

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 for the transition period from __________.

Commission File No. 0-16203

DELTA PETROLEUM CORPORATION
------------------------------------------------------
(Exact name of registrant as specified in its charter)

Colorado 84-1060803
- ------------------------------- ------------------------------------
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)

370 17th Street, Suite 4300
Denver, Colorado 80202
---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (303) 293-9133

Securities registered under Section 12(b) of the Act: None

Securities registered under to Section 12(g) of the Act: Common Stock, $.01
par value

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days: [X] Yes [ ] No

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K (Section 229.405 of this chapter) is not contained
herein, and will not be contained, to the best of registrant's knowledge, in
definitive proxy or information statements incorporated by reference in Part
III of this Form 10-K or any amendment to this Form 10-K: [ ]

Indicate by a check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Act): [X] Yes No [ ]

Indicate by a check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act): [ ] Yes No [X]

The aggregate market value as of September 30, 2005 of voting stock held by
non-affiliates of the registrant was approximately $971,379,500.

As of September 30, 2005, 47,683,000 shares of registrant's Common Stock,
$.01 par value, were issued and outstanding.

Documents incorporated by reference: The information required by Part III of
this Form 10-K is incorporated by reference to the Company's Definitive Proxy
Statement for the Company's 2005 Annual Meeting of Shareholders.

EXPLANATORY NOTE:

This amendment to the Annual Report on Form 10-K of Delta Petroleum
Corporation is being filed to include the information required by Part III of
Form 10-K. Item 4A is hereby deleted in this Report on Form 10-K.

TABLE OF CONTENTS

PAGE
PART III

Item 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT ........ 3

Item 11. EXECUTIVE COMPENSATION .................................... 7

Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT .............................................. 12

Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS ............ 15

Item 14. PRINCIPAL ACCOUNTING FEES AND SERVICES .................... 15

PART IV

Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES ................... 17

PART III

Item 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

The following information with respect to the Directors, a person who
has been elected a Director and the Executive Officers of Delta is furnished
pursuant to Item 401(a) of Regulation S-K.

Name Age Positions Period of Service
---- --- --------- -----------------

Roger A. Parker 43 President, Chief May 1987 to
Executive Officer and Present
a Director

Kevin K. Nanke 40 Treasurer and Chief December 1999 to
Financial Officer Present

John R. Wallace 44 Executive V.P., October 2003 to
Exploration and Present
Chief Operating Officer

Kevin R. Collins 48 Director March 2005 to
Present

Jerrie F. Eckelberger 61 Director September 1996 to
Present

Aleron H. Larson, Jr. 60 Secretary and Director May 1987 to
Present

Russell S. Lewis 50 Director June 2002 to
Present

Jordan R. Smith 70 Director October 2004 to
Present

Neal A. Stanley 58 Director October 2004 to
Present

James P. Van Blarcom 43 Director July 2005 to
Present

James B. Wallace 75 Director November 2001 to
Present
The following is biographical information as to the business experience
of each of our current officers and directors.

Roger A. Parker has been our President and a Director since May of 1987
and Chief Executive Officer since April of 2002. He was named Chairman of
the Board on July 1, 2005. Since April 1, 2005, he has also served as a
Director of DHS Drilling Company. Mr. Parker also serves as President, Chief
Executive Officer and Director of Amber Resources. He received a Bachelor of
Science in Mineral Land Management from the University of Colorado in 1983.
He is a member of the Rocky Mountain Oil and Gas Association and is a board
member of the Independent Producers Association of the Mountain States
(IPAMS). He also serves on other boards, including Community Banks of
Colorado.

Kevin K. Nanke, Treasurer and Chief Financial Officer, joined Delta in
April 1995. Since April 1, 2005 he has also served as Chief Financial
Officer, Treasurer and Director of DHS Drilling Company. Since 1989, he has
been involved in public and private accounting with the oil and gas industry.
Mr. Nanke received a Bachelor of Arts in Accounting from the University of
Northern Iowa in 1989. Prior to working with us, he was employed by KPMG
LLP. He is a member of the Colorado Society of CPA's and the Council of
Petroleum Accounting Society.

John R. Wallace, Executive Vice President, Exploration and Chief
Operating Officer, joined Delta in October 2003. Since April 1, 2005 he has
also served as Executive Vice President and Director of DHS Drilling Company.
Mr. Wallace was Vice President of Exploration and Acquisitions for United
States Exploration, Inc. ("USX"), a publicly-held oil and gas exploration
company, from May 1998 to October 2003, when he became employed by Delta.
For more than five years prior to joining USX, Mr. Wallace was President of
The Esperanza Corporation, a privately held oil and gas acquisition company,
and Vice President of Dual Resources, Inc., a privately held oil and gas
exploration company. Esperanza effected more than 25 acquisitions of
producing properties throughout the United States. In addition, Esperanza
formed and administered royalty programs for private investors, primarily in
the Rocky Mountain region, and has participated in a number of international
exploration projects. Dual Resources is in the business of engineering and
selling exploration prospects, several of which have resulted in new field
discoveries. Mr. Wallace is the son of John B. Wallace, a Director of the
Company.

Kevin R. Collins was most recently Executive Vice President and Chief
Financial Officer of Evergreen Resources, Inc., having served in various
management capacities with that company from 1995 until 2004. Evergreen
Resources was acquired by Pioneer Natural Resources in September 2004. Mr.
Collins became a Certified Public Accountant in 1983 and has over 13 years of
public accounting experience. He has served as Vice President and a Board
Member of the Colorado Oil and Gas Association, President of the Denver
Chapter of the Institute of Management Accountants, Director of Pegasus
Technologies, Inc. and Board Member and Chairman of the Finance Committee of
Independent Petroleum Association of Mountain States. He received his B.S.
degree in Business Administration and Accounting from the University of
Arizona.

Jerrie F. Eckelberger is an investor, real estate developer and attorney
who has practiced law in the State of Colorado since 1971. He graduated from
Northwestern University with a Bachelor of Arts degree in 1966 and received
his Juris Doctor degree in 1971 from the University of Colorado School of
Law. From 1972 to 1975, Mr. Eckelberger was a staff attorney with the
Eighteenth Judicial District Attorney's Office in Colorado. From 1975 to
present, Mr. Eckelberger has been engaged in the private practice of law and
is presently a member of the law firm of Eckelberger & Jackson, LLC. Mr.
Eckelberger previously served as an officer, director and corporate counsel
for Roxborough Development Corporation. Since March, 1996, Mr. Eckelberger
has engaged in the investment and development of Colorado real estate through
several private companies in which he is a principal.

Aleron H. Larson, Jr. has operated as an independent in the oil and gas
industry individually and through public and private ventures since 1978.
Mr. Larson served as Chairman of the Board, Secretary and Director of Delta,
as well as Amber, until his retirement on July 1, 2005, at which time he
resigned as Chairman of the Board. However, he continues to serve as
Secretary and a director of the Company. Mr. Larson practiced law in
Breckenridge, Colorado from 1971 until 1974. During this time he was a
member of a law firm, Larson & Batchellor, engaged primarily in real estate
law, land use litigation, land planning and municipal law. In 1974, he
formed Larson & Larson, P.C., and was engaged primarily in areas of law
relating to securities, real estate, and oil and gas until 1978. Mr. Larson
received a Bachelor of Arts degree in Business Administration from the
University of Texas at El Paso in 1967 and a Juris Doctor degree from the
University of Colorado in 1970.

Russell S. Lewis is President and CEO of Lewis Capital, LLC which makes
private investments in, and provides general business and M&A consulting
services to, growth-oriented firms. He has been a member of the board of
Delta Petroleum Corporation since June 2002. From February 2002 until
January 2005 Mr. Lewis served as Executive Vice President and General Manager
of VeriSign Name and Directory Services (VRSN) Group, which managed a
significant portion of the internet's critical .com and .net addressing
infrastructure. For the preceding 15 years Mr. Lewis managed a wireless
transportation systems integration company. Previously Mr. Lewis managed an
oil and gas exploration subsidiary of a publicly traded utility and was Vice
President of EF Hutton in its Municipal Finance group. Mr. Lewis also serves
on the board of directors of Castle Energy Corporation (NASDAQ: CECX) and
Advanced Aerations Systems, a privately held firm engaged in subsurface soil
treatment. Mr. Lewis has a BA degree in Economics from Haverford College and
an MBA from the Harvard School of Business.

Jordan R. Smith is President of Ramshorn Investments, Inc., a wholly
owned subsidiary of Nabors Drilling USA LP, where he is responsible for
drilling and development projects in a number of producing basins in the
United States. He has served in such capacity for more than the past five
years. Mr. Smith has served on the Board of the University of Wyoming
Foundation and the Board of the Domestic Petroleum Council, and is also
Founder and Chairman of the American Junior Golf Association. Mr. Smith
received Bachelors and Masters degrees in geology from the University of
Wyoming in 1956 and 1957, respectively.

Neal A. Stanley founded Teton Oil & Gas Corporation in Denver, Colorado
and has served as President since June 2003. From 1996 to June 2003, he was
Senior Vice President - Western Region for Forest Oil Corporation. Mr.
Stanley has approximately thirty years of experience in the oil and gas
business. Since 1995, he has been a member of the Executive Committee of the
Independent Petroleum Association of Mountain States, and served as its
President from 1999 to 2001. Mr. Stanley received a B.S. degree in
Mechanical Engineering from the University of Oklahoma in 1975.

James P. Van Blarcom has been Managing Director of The Payne Castle
Group, LLC, which has provided sales solutions business development and
government affairs services in the cable, high-speed internet and
communications industries since 2004. From 1998 to 2004, he was employed by
Comcast Cable Communications Management, LLC, a division of Comcast
Corporation, where he served as National Telecommunications Manager,
Corporate Telecommunications Manager, and finally as Commercial Development

Manager, Comcast High-Speed Internet. Mr. Van Blarcom received a B.A. degree
in History from Hobart College in 1984.

James B. Wallace has been involved in the oil and gas business for over
40 years and has been a partner of Brownlie, Wallace, Armstrong and Bander
Exploration in Denver, Colorado since 1992. From 1980 to 1992 he was
Chairman of the Board and Chief Executive Officer of BWAB Incorporated. Mr.
Wallace currently serves as a member of the Board of Directors and formerly
served as the Chairman of Tom Brown, Inc., an oil and gas exploration company
then listed on the New York Stock Exchange. He received a B.S. Degree in
Business Administration from the University of Southern California in 1951.
James B. Wallace is the father of John R. Wallace, the Executive Vice
President, Exploration and Chief Operating Officer of Delta.

At the present time Messrs. Collins, Eckelberger, Lewis, Smith and
Stanley serve as the Audit Committee; Messrs. Eckelberger, Collins, Lewis,
Smith and Stanley serve as the Compensation Committee; and Messrs. Smith,
Collins, Eckelberger, Lewis and Stanley serve as the Nominating & Governance
Committee. The Board of Directors has determined that Mr. Russell Lewis is an
"audit committee financial expert" as that term is defined by SEC rules.

All directors will hold office until the next annual meeting of
shareholders.

All of our officers will hold office until the next annual directors'
meeting. There is no arrangement or understanding among or between any such
officers or any persons pursuant to which such officer is to be selected as
one of our officers.

COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION

During the fiscal year ended June 30, 2005, until October 1, 2004 James
B. Wallace, Jerrie F. Eckelberger and Joseph L. Castle II served as members
of the Compensation Committee. Joseph L. Castle II was Chairman of the Board
and Chief Executive Officer of Castle Energy Corporation, a principal
shareholder of Delta. Beginning October 1, 2004, the Compensation Committee
was composed of Jerrie F. Eckelberger, Russell S. Lewis, John P. Keller and
Jordan R. Smith. Messrs. Lewis and Keller are also directors of Castle
Energy Corporation. On July 1, 2005, Kevin R. Collins replaced Mr. Keller on
the Compensation Committee.

CODE OF ETHICS

The Board of Directors adopted a Code of Business Conduct and Ethics in
November 2003 (and amended in October 2004), which applies to all of the
Company's Executive Officers, Directors and employees. A copy of the Code of
Business Conduct and Ethics is available in the "Conduct and Ethics" section
of the Company's website (www.deltapetro.com) or by writing to our Corporate
Secretary at 370 Seventeenth Street, Suite 4300, Denver, Colorado 80202.

COMPLIANCE WITH SECTION 16(a) OF
THE SECURITIES EXCHANGE ACT OF 1934

Section 16(a) of the Securities Exchange Act of 1934, as amended,
requires our executive officers, directors and persons who beneficially own
more than ten percent (10%) of a registered class of our equity securities,
to file initial reports of securities ownership of Delta and reports of
changes in ownership of equity securities of Delta with the Securities and
Exchange Commission ("SEC"). Such persons also are required by SEC
regulation to furnish us with copies of all Section 16(a) forms they file.

To our knowledge, during the fiscal year ended June 30, 2005, our
officers and directors complied with all applicable Section 16(a) filing
requirements, except as stated below. These statements are based solely on a
review of the copies of such reports furnished to us by our officers and
directors and their written representations that such reports accurately
reflect all reportable transactions. Russell S. Lewis and Jordan R. Smith,
Directors, and John R. Wallace, an Executive Officer, each filed one Form 4
reporting two transactions late.

Item 11. EXECUTIVE COMPENSATION

SUMMARY COMPENSATION TABLE

Long-term Compensation
--------------------------------------
Awards
----------------------
Annual Compensation Restricted
------------------- Stock Securities All Other
Name and Salary Bonus Awards(s) Underlying Compensation
Principal Position Period ($) (1) ($) ($) (7) Options (#) ($) (8)
- ------------------------ ---------- --------- -------- ---------- ----------- ------------

Roger A. Parker Year Ended
President, Chief 6/30/2005 $450,000 $340,000 $383,500 175,000 (2) $37,000
Executive Officer and Year Ended
Director 6/30/04 340,000 340,000 - 500,000 (2) 41,000
Year Ended
6/30/03 240,000 272,000 - - 40,000

Aleron H. Larson, Jr. Year Ended
Chairman, Secretary 6/30/05 $300,000 $ - $168,740 70,000 (4) $39,000
and Director(3) Year Ended
6/30/04 275,000 200,000 - 500,000 (4) 41,000
Year Ended
6/30/03 240,000 192,500 - - 40,000

Kevin K. Nanke Year Ended
Treasurer and Chief 6/30/05 $225,000 $130,000 $191,750 87,500 (5) $37,000
Financial Officer Year Ended
6/30/04 200,000 200,000 - 250,000 (5) 41,000
Year Ended
6/30/03 180,000 130,000 - - 40,000

John R. Wallace Year Ended
Executive Vice President 6/30/05 $225,000 $180,000 $191,750 87,500 (6) $37,000
and Chief Operating Year Ended
Officer 6/30/04 150,000 200,000 - 200,000 (6) -
__________________________

(1) Includes reimbursement of certain expenses.

(2) Includes options to purchase 175,000 shares of Common Stock at $15.34 per share until
December 31, 2014, and options to purchase 500,000 shares of Common Stock at $5.29
per share until August 26, 2013.

(3) Mr. Larson retired as Chairman on July 1, 2005.

(4) Includes options to purchase 70,000 shares of Common Stock at $15.34 per share until
December 31, 2014.

(5) Includes options to purchase 87,500 shares of Common Stock at $15.34 per share until
December 31, 2004, and options to purchase 250,000 shares of Common Stock at $5.29
per share until August 26, 2013.

(6) Includes options to purchase 87,500 shares of Common Stock at $15.34 per share until
December 31, 2004, and options to purchase 200,000 shares of Common Stock at $5.44
per share until December 8, 2013.

(7) For the year ended June 30, 2005, the dollar amounts shown represent the value of time-
based restricted stock awarded to the named executives under the Company's 2004 Stock
Incentive Plan, as amended, which is calculated by multiplying the total number of
restricted shares by the fair market value of Delta's common stock on the date of grant
(see below). The fair market values calculated do not reflect any adjustments for risk
of forfeiture or restrictions on transferability. The restricted shares vest on the third
anniversary of the date of grant. A holder of restricted shares has all the rights of a
holder of shares of common stock, including the right to receive dividends, if any.

Fair Market
Date of Restricted Shares Value on Date
Officer Grant Granted (#) of Grant ($/Share)
------- -------- ----------------- ------------------

Roger A. Parker 12/21/04 25,000 $15.34
Aleron H. Larson, Jr. 12/21/04 11,000 $15.34
Kevin K. Nanke 12/21/04 12,500 $15.34
John R. Wallace 12/24/04 13,500 $15.34

The table below lists the aggregate number of restricted shares not vested or subject
to risk of forfeiture held by the named executive officers and the value of such shares
on June 30, 2005. Fair market values are determined by multiplying the number of
unvested shares by $14.42, the June 30, 2005 closing price for Delta's common stock.

Officer Shares(#) Market Value
------- --------- ------------

Roger A. Parker 25,000 $353,000
Aleron H. Larson, Jr. 11,000 $155,320
Kevin K. Nanke 12,500 $176,500
John R. Wallace 12,500 $176,500

(8) Represents amounts contributed under the Company's Simple IRA Plan, Profit Sharing Plan
and 401(k) Plan.

OPTION GRANTS IN LAST FISCAL YEAR

___________________________________________________________________________________________________

Individual Grants
___________________________________________________________________________________________________
Number of Percent of Potential realizable value
securities total options at assumed annual rates of
underlying granted to stock price appreciation
options employees Exercise for option term (4)
granted (#) in fiscal price Expiration ---------------------------
Name (1)(2) year (3) ($/Sh) date 5% ($) 10% ($)
___________________________________________________________________________________________________

Roger A. Parker 175,000 16.91% $15.34 12/21/14 $1,688,268 $4,278,402

Aleron H. Larson, Jr. 70,000 6.77% $15.34 12/21/14 $ 675,307 $1,711,361

Kevin K. Nanke 87,500 8.46% $15.34 12/21/14 $ 844,134 $2,139,201

John R. Wallace 87,500 8.46% $15.34 12/21/14 $ 844,134 $2,139,201
__________________________________________________________________________________________________

(1) All options granted in fiscal 2005 have a term of ten years and are subject to a
three-year vesting schedule, with 33.3% of the options becoming exercisable on each
of the first three anniversaries of the date of grant.

(2) All of the unvested portion of these options vests in connection with certain
terminations of employment. See "Employee Contracts, Termination of Employment,
and Change of Control Arrangements."

(3) The percentage for each year is the amount of stock options granted to each of
the named executive officers as a percentage of the total stock options granted
to all employees and directors. During fiscal 2005, Delta granted options to
employees and directors to purchase a total of 1,034,700 shares.

(4) These amounts represent certain assumed rates of appreciation based on actual
option term and annual compounding from the date of grant. The 5% and 10%
appreciation rates are established by the Securities and Exchange Commission
and are not intended to forecast future appreciation rates for our common stock.
Actual gains, if any, on stock option exercises and common stock holdings are
dependent upon the future performance of our common stock. Neither the option
values reflected in the table nor the assumptions utilized in arriving at the
values should be considered indicative of our future stock performance.
There can be no assurance that the amounts reflected in this table will be
achieved. These numbers do not take into account provisions of the options
providing for termination of the option following employment termination,
non-transferability, or vesting.

AGGREGATED OPTION EXERCISES IN LAST FISCAL YEAR
AND FY END OPTION VALUES

Number of
Securities Value of
Underlying Unexercised
Unexercised in the Money
Shares Options at Options at
Acquired June 30, 2005(#) June 30, 2005($)
on Realized Exercisable/ Exercisable/
Name Exercise(#) ($) Unexercisable Unexercisable
---- ----------- ----------- ------------------ --------------

Roger A. Parker 675,000 $ 5,616,950 925,000 / 175,000 $6,695,000 / 0
Aleron H. Larson, Jr. 1,205,000 $11,283,245 570,000 / 70,000 $4,415,000 / 0
Kevin K. Nanke - - 532,476 / 87,500 $4,775,061 / 0
John R. Wallace - - 287,500 / 87,500 $ 434,000 / 0

Compensation of Directors

The following table provides information concerning compensation paid to
non-employee directors who served on the Board during fiscal 2005.

Non-Employee Director Compensation Table
For Fiscal 2005(1)

Annual Board Retainer ................................ $50,000
Audit Committee Chair Retainer ....................... $ 5,000
Other Committees' Retainer ........................... $ 2,500
Other Committees' Chair Retainer ..................... $ 3,750
Equity Compensation - Stock Option(2) ................ 14,000 Shares
- Restricted Stock(3) ............ 2,000 Shares
_________________

(1) Board and committee retainers are paid in cash.

(2) During fiscal 2005, each non-employee director received a fully-vested
stock option grant to purchase 14,000 shares of common stock. The
option price of the grants was $15.34, the closing price on the date
granted.

(3) During fiscal 2005, each non-employee director received a fully-vested
2,000 share grant of our restricted common stock.

Employment Contracts and Termination of Employment and Change in Control
Agreements

On May 5, 2005, we entered into Employment Agreements with the following
executive officers: Roger A. Parker, Kevin K. Nanke and John R. Wallace. The
initial term of employment under each of the Employment Agreements is through
December 31, 2006, and the term of each Employment Agreement will be
automatically extended for additional one year terms thereafter unless notice
of termination is given by either party at least 60 days prior to the end of
a term. The base annual salary for Mr. Parker is $450,000, and the base
annual salary for Messrs. Nanke and Wallace is $225,000. Each of these
executive officers will also be entitled to bonuses based on a percentage of
their base salary as determined by the Compensation Committee of the Board of
Directors upon satisfaction of performance criteria established by the
Compensation Committee.

In the event the employment of any of these executive officers is
terminated other than for cause (as defined in the Employment Agreement) or
if any of them resigns for "good reason" (as defined in the Employment
Agreement), then that executive officer will be entitled to receive a payment
equal to two times his annual base salary, annual automobile allowance and
his average annual bonus. In the event that any of these Employment
Agreements is not renewed, at the time that his employment is terminated the
executive officer will receive the same payment as stated above, reduced
proportionately by the number of months he continues to be employed by us.
The Employment Agreements also include non-solicitation and non-competition
obligations on the part of the executive officer that survive for one year
following the date of termination.

Also on May 5, 2005, we entered into Change of Control Executive
Severance Agreements ("CoC Agreements") with Messrs. Parker, Nanke and
Wallace which provide that, following a change in control of the Company as
defined in the CoC Agreements and the termination of employment of the
executive officer, the executive officer would receive, in addition to the
severance payments provided for in his Employment Agreement, the continuation
of certain benefits including medical insurance and other benefits provided
to the executive officer for a period of three years. The CoC Agreements also
include non-solicitation and non-competition obligations on the part of the
executive officer that survive for one year following the date of
termination. The CoC Agreements also provide that in certain circumstances
the severance payment may be reduced so that the payment will not be subject
to U.S. federal excise taxes. The CoC Agreements have an initial term
through December 31, 2006, and will be automatically extended for additional
two year terms thereafter unless notice of termination is given by either
party at least 60 days prior to the end of a term.

Retirement Savings Plan

We adopted a profit sharing plan on January 1, 2002. All employees are
eligible to participate and contributions to the profit sharing plan are
voluntary and must be approved by the Board of Directors. Amounts
contributed to the Plan will vest over a six year service period.

We adopted a 401k plan effective May 1, 2005. All employees are
eligible to participate and make employee contributions once they have met
the plan's eligibility criteria. Under the 401k plan, our employees make
salary reduction contributions in accordance with the Internal Revenue
Service guidelines. Our matching contribution is an amount equal to 100% of
the employee's elective deferral contribution which cannot exceed 3% of the
employee's compensation, and 50% of the employee's elective deferral which
exceeds 3% of the employee's compensation but does not exceed 5% of the
employee's compensation.

For the year ended June 30, 2005, we contributed $291,000 under the
plan.

Equity Compensation Plan Information

The following table provides information about the Common Stock that may
be issued upon the exercise of options, warrants and rights under all of our
existing equity compensation plans as of June 30, 2005.

Number of Securities
Remaining Available for
Future Issuance Under
Number of Securities Weighted Average Equity Compensation
To be Issued Upon Exercise Exercise Price of Plans (excluding securities
of Outstanding Options, Outstanding Options, reflected in the second
Plan Category Warrants and Rights Warrants and Rights column)
- ------------- -------------------------- ------------------- ---------------------------

Equity Compensation 3,501,401 $7.59 585,300
Plans Approved by
Stockholders

Equity Compensation 50,243 (1) -- 99,757
Plans Not Approved by --------- -------
Stockholders

Total 3,551,644 -- 685,057
________________

(1) Includes shares granted to new employees as an inducement to entering into employment
with Delta.

Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

(a) Security Ownership of Certain Beneficial Owners:

The following table presents information concerning persons known by us
to own beneficially 5% or more of our issued and outstanding voting
securities at September 30, 2005:

Amount and Nature
Name and Address of Beneficial Percent
Title of Class(1) of Beneficial Owner Ownership of Class(2)
- ----------------- ------------------- ----------------- -----------

Common Stock Sprott Asset Management, Inc. 7,565,576 shares 15.87%
Suite 2700 South Tower
Royal Bank Plaza
Toronto, Ontario M5J 2J1
Canada

Common Stock Castle Energy Corporation 6,700,000 shares(3) 14.05%
One Radnor Corporate
Center, Suite 250
Radnor, PA 19087

Common Stock Capital Research Management 4,347,500 shares 9.20%
Company and SMALLCAP
World Fund, Inc.
333 South Hope Street
Los Angeles, CA 90071

Common Stock Touradji Capital Management, LP 3,895,963 shares 8.17%
101 Park Avenue, 48th Floor
New York, NY 10178

Common Stock Steinberg Asset Management, 2,863,965 shares 6.00%
Inc.
12 East 49th Street
Suite 1202
New York, NY 10017
___________________________

(1) We have an authorized capital of 300,000,000 shares of $.01 par value Common
Stock of which 47,683,000 shares were issued and outstanding as of September 30,
2005. We also have an authorized capital of 3,000,000 shares of $.10 par value
preferred stock of which no shares are outstanding.

(2) The percentage set forth after the shares listed for each beneficial owner is
based upon total shares of Common Stock outstanding at September 30, 2005 of
47,683,000. The percentage set forth after each beneficial owner is calculated
as if any warrants and/or options owned had been exercised by such beneficial
owner and as if no other warrants and/or options owned by any other beneficial
owner had been exercised. Warrants and options are aggregated without regard to
the class of warrant or option.

(b) Security Ownership of Management:

Amount and Nature
Name of of Beneficial Percent
Title of Class(1) Beneficial Owner Ownership of Class(2)
- ----------------- ---------------- ----------------- -----------

Common Stock Roger A. Parker 6,773,201 (3) 3.65%
Common Stock Aleron H. Larson, Jr. 585,000 (4) 1.21%
Common Stock Kevin K. Nanke 574,976 (5) 1.19%
Common Stock John R. Wallace 324,700 (6) .68%
Common stock James B. Wallace 78,500 (7) .16%
Common stock Russell S. Lewis 56,000 (8) .12%
Common stock Jerrie F. Eckelberger 42,725 (9) .09%
Common Stock Neal A. Stanley 19,000 (10) .04%
Common Stock Jordan R. Smith 16,000 (11) .03%
Common stock Kevin R. Collins - --
Common Stock James P. Van Blarcom - --
Common stock All Officers and Directors 3,470,102 (12) 6.92%
as a Group (11 persons)
_________________________

(1) See Note (1) to preceding table; includes options.

(2) See Note (2) to preceding table.

(3) Includes 848,201 shares owned by Mr. Parker directly. Also includes
options to purchase 250,000 shares of Common Stock at $5.00 per share
until October 9, 2010; options to purchase 500,000 shares of Common
Stock at $5.29 per share until August 26, 2013, and options to
purchase 70,000 shares of Common Stock at $15.34 per share until
December 21, 2004.

(4) Includes 11,000 shares owned by Mr. Larson, Jr., options to purchase
500,000 shares of Common Stock at $5.29 per share until August 26,
2013, and options to purchase 70,000 shares of Common Stock at $15.34
per share until December 21, 2014.

(5) Consists of 42,500 shares of Common Stock owned directly by Mr.
Nanke; options to purchase 18,726 shares of Common Stock at $1.125
per share until September 1, 2008; options to purchase 13,750 shares
of Common Stock at $1.5625 per share until December 12, 2008; options
to purchase 55,000 shares of Common Stock at $1.75 per share until
May 12, 2009; options to purchase 41,250 shares of Common Stock at
$1.75 per share until November 5, 2009; options to purchase 68,750
shares of Common Stock at $3.75 per share until July 14, 2010;
options to purchase 55,000 shares of Common Stock at $3.29 until
January 9, 2011; options to purchase 55,000 shares of Common Stock
at $2.38 per share until October 5, 2011; options to purchase 137,500
shares of Common Stock at $5.29 per share until August 26, 2013; and
options to purchase 70,000 shares of Common Stock at $15.34 per share
until December 21, 2014.

(6) Includes 37,200 shares of Common Stock owned directly by Mr. John
Wallace, options to purchase 200,000 shares at $5.44 per share
until December 3, 2013, and options to purchase 70,000 shares of
Common Stock at $15.34 per share until December 21, 2014.

(7) Includes 22,000 shares of Common Stock owned directly by Mr. James B.
Wallace; options to purchase 2,500 shares at $2.02 per share until
February 5, 2002, options to purchase 20,000 shares at $1.87 per
share until February 7, 2013; options to purchase 20,000 shares
at $2.38; and options to purchase 87,500 shares of Common Stock at
$15.34 per share until December 21, 2014.

(8) Includes 2,000 shares of Common Stock owned directly by Mr. Russell
S. Lewis; 20,000 options to purchase shares of Common Stock at $1.87
per share until February 7, 2013; 20,000 options to purchase
shares of Common Stock at $2.31 until February 4, 2014; and options
to purchase 14,000 shares of Common Stock at $15.34 per share
until December 21, 2014.

(9) Includes 8,000 shares of Common Stock owned directly by Mr. Jerrie
F. Eckelberger; options to purchase 725 shares at $2.98 per share
until December 31, 2006; options to purchase 20,000 shares of
Common Stock at $2.31 until February 4, 2014; and options to purchase
14,000 shares of Common Stock at $15.34 per share until December 21,
2014.

(10) Includes 5,000 shares of Common Stock owned directly by Neal A.
Stanley and options to purchase 14,000 shares of Common Stock at
$15.34 per share until December 21, 2014.

(11) Includes 2,000 shares of Common Stock owned directly by Jordan A.
Smith and options to purchase 14,000 shares of Common Stock at
$15.34 per share until December 21, 2014.

(12) Includes all warrants, options and shares referenced in footnotes
(3), (4), (5), (6), (7), (8), (9), (10) and (11) above as if all
warrants and options were exercised and as if all resulting shares
were voted as a group.

Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

The following is a list of certain relationships and related party
transactions that occurred during our past fiscal year, as well as
transactions that occurred since the beginning of our last fiscal year or are
currently proposed:

At June 30, 2005, we had $32,000 of receivables from officers and
directors. These amounts include drilling costs and lease operating expense
on wells owned by the officers and directors and operated by us. The amounts
were paid subsequent to the end of our fiscal year.

During fiscal 2001 and 2000, Mr. Larson and Mr. Parker guaranteed
certain borrowings which have subsequently been paid in full. As
consideration for the guarantee of our indebtedness, each officer was
assigned a 1% overriding royalty interest ("ORRI") in the properties acquired
with the proceeds of the borrowings. Each officer earned approximately
$105,000, $66,000 and $108,000 for his respective 1% ORRI during fiscal 2005,
2004 and 2003, respectively.

During the fiscal years ended June 30, 2005 and 2004, we used a jet
aircraft owned by an entity that is 50% owned by Roger A. Parker, our
President. We paid that entity a total of $138,000 and $121,000 for the use
of that aircraft during fiscal 2005 and 2004, respectively. These amounts
represented the actual costs of the operation of the aircraft for which Mr.
Parker was responsible.

Directors and officers were issued options and warrants as disclosed in
"Executive Compensation" above.

All past and future and ongoing transactions with affiliates are and
will be on terms which our management believes are no less favorable than
could be obtained from non-affiliated parties. All future and ongoing loans
to our affiliates, officials and shareholders will be approved by the
majority vote of disinterested directors.

Item 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

Audit Fees. The fees billed for professional services rendered by KPMG
LLP for the audit of Delta's financial statements for the fiscal years ended
June 30, 2005 and 2004, and for the reviews of the financial statements
included in Delta's Forms 10-Q during those fiscal years, amounted to
$461,000 and $178,000, respectively.

Audit Related Fees. The fees billed for professional services rendered
by KPMG LLP for assurance and related services that are reasonably related to
the performance of the audit or review of Delta's financial statements, that
are not included in audit fees above, billed in the fiscal years ended June
30, 2005 and 2004, amounted to $167,000 and $24,000, respectively.

Tax Fees. Not Applicable.

All Other Fees. The fees billed by KPMG LLP during the fiscal years
ended June 30, 2005 and 2004 for all other services rendered amounted to $0
and $80,000, respectively. These fees were related to consulting services
related to compliance with the Sarbanes Oxley Act of 2002.

Audit Committee Pre-Approval Policy. The Company's independent
registered public accounting firm may not be engaged to provide non-audit
services that are prohibited by law or regulation to be provided by it, nor
may the Company's independent registered public accounting firm be engaged to
provide any other non-audit service unless it is determined that the
engagement of the principal accountant provides a business benefit resulting
from its inherent knowledge of the Company while not impairing its
independence. The Audit Committee must pre-approve permissible non-audit
services. During the fiscal year ended June 30, 2005, the Audit Committee
approved 100% of the non-audit services provided to Delta by the independent
registered public accounting firm.

PART IV

Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a)(1) Financial Statements. (Previously filed.)

Page No.

Reports of Independent Registered Accounting Firm ........... F-1, 2

Consolidated Balance Sheets as of June 30, 2005 and 2004 .... F-3

Consolidated Statements of Operations for the years
ended June 30, 2005, 2004 and 2003 .......................... F-4

Consolidated Statements of Stockholders' Equity
and Comprehensive Income (Loss) for the
years ended June 30, 2005, 2004 and 2003 .................... F-5

Consolidated Statements of Cash Flows for the
years ended June 30, 2005, 2004 and 2003 .................... F-6

Notes to Consolidated Financial Statements .................. F-7

(a)(2) Financial Statement Schedules. None.

(a)(3) Exhibits. The Exhibits listed in the Index to Exhibits
appearing at page 46 are filed as part of this report. Management contracts
and compensatory plans required to be filed as exhibits are marked with a
"*".

INDEX TO EXHIBITS

2. Plans of Acquisition, Reorganization, Arrangement, Liquidation, or
Succession. Not applicable.

3. Articles of Incorporation and By-laws.

3.1 Articles of Incorporation and Articles of Amendment to Articles of
Incorporation. Incorporated by reference from Exhibit 3.1 to the
Company's Annual Report on Form 10-K for the year ended June 30, 2004.

3.2 By-laws. Incorporated by reference from Exhibit 3.3 to the Company's
Form 10 Registration Statement under the Securities Exchange Act of
1934, filed September 9, 1987.

4. Instruments Defining the Rights of Security Holders.

4.1 Purchase Agreement dated March 9, 2005, among Delta Petroleum
Corporation, the Guarantors named therein and the Initial Purchasers
named therein. Incorporated by reference from Exhibit 4.1 to the
Company's Form 8-K dated March 15, 2005.

4.2 Registration Rights Agreement dated March 15, 2005, among Delta
Petroleum Corporation, the Guarantors named therein and the Initial
Purchasers named therein. Incorporated by reference from Exhibit 4.2
to the Company's Form 8-K dated March 15, 2005.

4.3 Indenture dated as of March 15, 2005, among Delta Petroleum
Corporation, the Guarantors named therein and US Bank National
Association, as Trustee. Incorporated by reference from Exhibit 4.3
to the Company's Form 8-K dated March 15, 2005.

4.4 Form of 7% Series A Senior Notes due 2015 with attached notation of
Guarantees. Incorporated by reference from Exhibit 4.4 to the
Company's Form 8-K dated March 15, 2005.

9. Voting Trust Agreement. Not applicable.

10. Material Contracts.

10.1 Burdette A. Ogle "Assignment, Conveyance and Bill of Sale of Federal
Oil and Gas Leases Reserving a Production Payment," "Lease Interests
Purchase Option Agreement" and "Purchase and Sale Agreement."
Incorporated by reference from Exhibit 28.1 to the Company's
Form 8-K dated January 3, 1995.

10.2 Delta Petroleum Corporation 1993 Incentive Plan, as amended.
Incorporated by reference from Exhibit 99.1 to the Company's Form 8-K
dated November 1, 1996. *

10.3 Delta Petroleum Corporation 1993 Incentive Plan, as amended June 30,
1999. Incorporated by reference to the Company's Notice of Annual
Meeting and Proxy Statement dated June 1, 1999. *

10.4 Agreement between Burdette A. Ogle and Delta Petroleum Corporation
effective December 17, 1998. Incorporated by reference from Exhibit
99.2 to the Company's Form 10-QSB for the quarterly period ended
December 31, 1998.

10.5 Agreement between Whiting Petroleum Corporation and Delta Petroleum
Corporation (including amendment) dated June 8, 1999. Incorporated by
reference from Exhibit 99.1 to the Company's Form 8-K dated June 9,
1999.

10.6 Purchase and Sale Agreement dated October 13, 1999 between Whiting
Petroleum Corporation and Delta Petroleum Corporation. Incorporated
by reference from Exhibit 99.1 to the Company's Form 8-K dated
November 1, 1999.

10.7 Agreement between Delta Petroleum Corporation, Roger A. Parker and
Aleron H. Larson, Jr. dated November 1, 1999. Incorporated by
reference from Exhibit 99.3 to the Company's Form 8-K dated
November 1, 1999.*

10.8 Conveyance and Assignment from Whiting Petroleum Corporation dated
December 1, 1999. Incorporated by reference from Exhibit 10.1 to the
Company's Form 8-K dated December 1, 1999.

10.9 Agreement dated December 30, 1999 between Burdette A. Ogle and Delta
Petroleum Corporation. Incorporated by reference from Exhibit 99.4
to the Company's Form 8-K dated January 4, 2000.

10.10 Purchase and Sale Agreement dated June 1, 2000 between Whiting
Petroleum Corporation and Delta Petroleum Corporation. Incorporated
by reference from Exhibit 10.1 to the Company's Form 8-K dated
July 10, 2000.

10.11 Delta Petroleum Corporation 2001 Incentive Plan. Incorporated by
reference to the Company's Notice of Annual Meeting and Proxy
Statement dated July 26, 2001 for fiscal year 2000 ended June 30,
2000.*

10.12 Employment Agreements with Aleron H. Larson, Jr., Roger A. Parker
and Kevin K. Nanke, from Exhibit 10.4 a, b, and c to the
Company's Form 8-K dated October 25, 2001. *

10.13 Delta Petroleum Corporation 2002 Incentive Plan incorporated by
reference from Exhibit A to the Company's definitive proxy statement
filed May 1, 2002. *

10.14 Agreement between Delta Petroleum Corporation and Amber Resources
Company dated July 1, 2001. Incorporated by reference from Exhibit
10.3 to the Company's Form 8-K dated October 25, 2001.

10.15 Letter agreement dated December 3, 2001 between Delta Petroleum
Corporation and Ogle Properties LLC. Incorporated by reference from
Exhibit 10.4 to the Company's Form 8-K dated October 25, 2001.

10.16 Purchase and Sale Agreement between Castle Energy Company and Delta
Petroleum Corporation dated December 31, 2001. Incorporated by
reference from Exhibit 2.1 to the Company's Form 8-K dated
January 15, 2002.

10.17 Purchase and Sale Agreement between Delta Petroleum Corporation and
Tipperary Oil & Gas Corporation dated May 8, 2002. Incorporated by
reference from Exhibit 10.1 to the Company's Form 8-K dated
April 30, 2002.

10.18 Credit Agreement dated May 31, 2002 by and among Delta Petroleum
Corporation, Delta Exploration Company, Inc., Piper Petroleum
Company and Bank of Oklahoma, N.A. Incorporated by reference from
Exhibit 10.1 to the Company's Form 8-K dated May 24, 2002.

10.19 First Amendment to Credit Agreement dated June 20, 2003 by and
among Delta Petroleum Corporation, Delta Exploration Company, Inc.,
Piper Petroleum Company and Bank of Oklahoma, N.A. Incorporated
by reference from Exhibit 10.3 to the Company's Form 8-K dated
June 20, 2003.

10.20 Agreement with Arguello, Inc. Incorporated by reference from
Exhibit 10.22 to the Company's Form 10-K for the fiscal year
ended June 30, 2003.

10.21 Purchase and Sale Agreement dated as of June 5, 2003 between
JAED Production Company, Inc. and Delta Petroleum Corporation.
Incorporated by reference from Exhibit 10.1 to the Company's
Form 8-K dated June 20, 2003.

10.22 Purchase and Sale Agreement with Edward Mike Davis and Edward
Mike Davis, L.L.C. Incorporated by reference from Exhibit 10.1
to the Company's Form 8-K dated September 19, 2003.

10.23 First Amendment to Purchase and Sale Agreement with Edward Mike
Davis and Edward Mike Davis, L.L.C. Incorporated by reference
from Exhibit 10.2 to the Company's Form 8-K dated September 19,
2003.

10.24 Amended and Restated Credit Agreement dated December 30, 2003,
by and among Delta Petroleum Corporation, Delta Exploration
Company, Inc., Piper Petroleum Company and Bank of Oklahoma,
N.A. Incorporated by reference from Exhibit 10.1 to the Company's
Form 10-Q dated December 31, 2003.

10.25 Second Amendment to Purchase and Sale Agreement with Edward Mike
Davis and Edward Mike Davis, L.L.C. Incorporated by reference from
Exhibit 10.4 to the Company's Form 8-K dated April 23, 2004.

10.26 Purchase and Sale Agreement dated June 10, 2004 with various
sellers related to Alpine Resources, Inc. Incorporated by
reference from Exhibit 10.1 to the Company's Form 8-K dated
June 29, 2004.

10.27 Second Amendment of Amended and Restated Credit Agreement dated
June 29, 2004 with Bank of Oklahoma, N.A., US Bank National
Association and Hibernia National Bank. Incorporated by reference
from Exhibit 10.2 to the Company's Form 8-K dated June 29, 2004.

10.28 Amendment No. 1 to Purchase and Sale Agreement dated July 7, 2004
with Edward Mike Davis and entities controlled by him. Incorporated
by reference from Exhibit 10.3 to the Company's Form 8-K dated June
29, 2004.

10.29 Third Amendment to Credit Agreement between Delta Petroleum
Corporation and the banks named therein, dated June 30, 2005.
Incorporated by reference from Exhibit 10.1 to the Company's
Form 8-K dated June 29, 2005.

10.30 Delta Petroleum Corporation 2005 New-Hire Equity Incentive Plan.
Incorporated by reference from Exhibit 10.1 to the Company's
Form 8-K dated June 17, 2005.*

10.31 Amendment No. 1 to Delta Petroleum Corporation 2004 Incentive
Plan. Incorporated by reference from Exhibit 10.2 to the
Company's Form 8-K dated June 17, 2005.*

10.32 Employment Agreement with Roger A. Parker dated May 5, 2005.
Incorporated by reference from Exhibit 10.1 to the Company's
Form 8-K dated May 5, 2005.*

10.33 Employment Agreement with Kevin K. Nanke dated May 5, 2005.
Incorporated by reference from Exhibit 10.2 to the Company's
Form 8-K dated May 5, 2005.*

10.34 Employment Agreement with John R. Wallace dated May 5, 2005.
Incorporated by reference from Exhibit 10.2 to the Company's
Form 8-K dated May 5, 2005.*

10.35 Change in Control Executive Severance Agreement with Roger A.
Parker dated May 5, 2005. Incorporated by reference from
Exhibit 10.2 to the Company's Form 8-K dated May 5, 2005.*

10.36 Change in Control Executive Severance Agreement with Kevin K.
Nanke dated May 5, 2005. Incorporated by reference from Exhibit
10.2 to the Company's Form 8-K dated May 5, 2005.*

10.37 Change in Control Executive Severance Agreement with John R.
Wallace dated May 5, 2005. Incorporated by reference from Exhibit
10.2 to the Company's Form 8-K dated May 5, 2005.*

10.38 Asset Purchase Agreement dated December 15th, 2004, with Manti
Resources, Inc., a Texas corporation, Manti Operating Company,
a Texas corporation, Manti Caballos Creek, LTD., a Texas limited
partnership, Manti Opossum Hollow, LTD., a Texas limited partnership,
J&P Oil and Gas, Inc., a Texas corporation, Lara Energy, Inc., a
Texas corporation, and SofRoc Fuel Co., a Texas corporation.
Incorporated by reference from Exhibit 10.1 to the Company's Form 8-K
dated January 21, 2005.

10.39 First Amendment to Credit Agreement dated as of January 21, 2005
with JP Morgan Chase Bank, N.A., U.S. Bank N.A., Bank of Oklahoma and
Hibernia Bank. Incorporated by reference from Exhibit 10.2 to the
Company's Form 8-K dated January 21, 2005.

10.40 Credit Agreement dated November 5, 2004, by and among Delta
Petroleum Corporation, Bank One, NA, Bank of Oklahoma, N.A., and U.S.
Bank National Association. Incorporated by reference from Exhibit
10.1 to the Company's Form 8-K dated November 5, 2004.

10.41 Fourth Amendment to Purchase and Sale Agreement with Edward Mike
Davis, et al. Incorporated by reference from Exhibit 10.1 to the
Company's Form 8-K dated November 4, 2004.

10.42 Delta Petroleum Corporation 2004 Incentive Plan. Incorporated by
reference from Appendix A to the Company's Definitive Proxy Statement
filed on November 22, 2004.

11. Statement Regarding Computation of Per Share Earnings. Not
applicable.

12. Statement Regarding Computation of Ratios. Not applicable.

13. Code of Ethics. The Company's Code of Business Conduct and Ethics is
posted on the Company's website at www.deltapetro.com.

16. Letter re: change in certifying accountant. Not applicable.

18. Letter re: change in accounting principles. Not applicable.

21. Subsidiaries of the Registrant. Filed electronically with initial
filing of this report.

22. Published report regarding matters submitted to vote of security
holders. Not applicable.

23. Consents of experts and counsel.

23.1 Consent of KPMG LLP. Filed electronically with initial filing of
this report.

23.2 Consent of Ralph E. Davis Associates, Inc. Filed electronically
with initial filing of this report.

23.3 Consent of Mannon Associates. Filed electronically with initial
filing of this report.

24. Power of attorney. Not applicable.

31. Rule 13a-14(a)/ 15d-14(a) Certifications.

31.1 Certification of Chief Executive Officer Pursuant to Section 302 of
the Sarbanes-Oxley Act of 2002. Filed herewith electronically.

31.2 Certification of Chief Financial Officer Pursuant to Section 302 of
the Sarbanes-Oxley Act of 2002. Filed herewith electronically.

32. Section 1350 Certifications.

32.1 Certification of Chief Executive Officer Pursuant to 18 U.S.C.
Section 1350. Filed herewith electronically.

32.2 Certification of Chief Financial Officer Pursuant to 18 U.S.C.
Section 1350. Filed herewith electronically.
____________________

* Management contracts and compensatory plans.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange of Act of 1934, we have caused this Form 10-K/A Amendment No. 1 to
be signed on our behalf by the undersigned, thereunto duly authorized, in the
City of Denver and State of Colorado on the 28th day of October, 2005.

DELTA PETROLEUM CORPORATION

By: /s/ Roger A. Parker
Roger A. Parker, Chairman,
President and Chief Executive Officer

By:/s/ Kevin K. Nanke
Kevin K. Nanke, Treasurer
and Chief Financial Officer