Delta and its partners have drilled the first discovery well (“SBV-2–32″) at its King City, California Prospect.

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Delta reports that its most recently drilled Donner #2 well in its Texas Prospect has been steadily producing from the Lower Hackberry Zone at the average rate of 25 barrels of oil per day (“bopd”) on a 4/64” choke.

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Delta reports that the company has successfully drilled its second Texas Prospect well (the “Donner #2″) to total depth and unanimously agreed with its partner to complete the well.

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Delta provides a production update regarding its King City and Lonestar Prospects in the state of California. Drilling is expected to begin shortly at King City. A successful well was completed at Lonestar.

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Delta is nearing production on its newest well located in the North Sacramento Basin, California. Delta and its partners commenced drilling the well in mid September and reached total depth of approximately 6,015 feet shortly thereafter. This well has intersected substantial pay.

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The Donner #1 well is now on full production flowing naturally on a 4.5/64th choke at the restricted rate of 41 bopd at a relatively constant flowing pressure of 980 PSI. The well appears capable of daily production in excess of what is currently being produced.

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