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Delta Oil & Gas Incorporated


 

Stockguru.com: Delta Oil & Gas Inc. is in the StockGuru Spotlight for October 27, 2009 - Zibb.com

DALLAS, TEXAS : StockGuru announces that Delta Oil & Gas Inc. (OTCBB: DOIG) is in the StockGuru Spotlight. 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 Monday, the company put out news announcing that it filed Articles of Amendment to its Articles of Incorporation to effect a previously-approved 1-for-5 reverse stock split of all of its issued and outstanding shares of common stock. Delta's shares will trade on the OTC Bulletin Board under the symbol "DLTA" at the start of trading on Tuesday, October 27, 2009 on a 1-for-5 split-adjusted basis. Delta's common stock has been assigned a new CUSIP number of 24778R 308. Additional information about the reverse stock split is available in Delta's definitive proxy statement filed with the Securities and Exchange Commission on August 10, 2009 and the Current Report on Form 8-K filed on October 26, 2009.

Shares for Delta Oil & Gas Inc. (OTCBB: DOIG) were up during the late afternoon of trading on Monday and closed slightly up at closing.

To view our StockGuru Spotlight on Delta Oil & Gas Inc. (OTCBB: DOIG), please visit: http://www.stockguru.com

What is the StockGuru Spotlight?

The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.

If you think a company should be featued in the StockGuru Spotlight, please let us know. If you are a key person for a publicly traded company, we can consider your company for either a StockGuru Spotlight or a StockGuru Profile. Please contact our Publisher John Pentony at the john@stockguru.com. You may also telephone John Pentony at (469) 252-3031.

Stockguru.com ("SG") provides its members with the latest news, press releases, and research reports for all the companies highlighted on the site. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed onhttp://www.Stockguru.com or mentioned herein.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected", "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies= annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. Pentony Enterprises LLC is occassionally compensated for coverage. When this is the case, we indicate clearly with a disclosure of all compensation received in the past and present, plus we also disclose any anticipated compensation in the future. Compensation is typically in cash. Sometimes a third party shareholder pays us in free trading shares. Sometimes a company pays us in restricted shares. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

CONTACT: John Pentony, Publisher, Stockguru.com Tel: +1 469 252 3031 e-mail: john@stockguru.com WWW: http://www.stockguru.com

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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Tags: acquisition   advisor   annual report   broker   california   canada   dealer   e-mail   exploration   gasoline   investment   investment opinion   market   natural gas   nevada   oil   oklahoma   property   publisher   research   saskatchewan   sec-8k   securities   stock split   trade   web  

Companies: Delta Oil & Gas Inc (DOIG), Stallion Group (SLGR)

 

Delta Oil & Gas Announces Implementation of 1:5 Reverse Stock Split - Zibb.com

Delta Oil & Gas Inc (DOIG - OTCBB), today announced that it filed Articles of Amendment to its Articles of Incorporation to effect a previously-approved 1-for-5 reverse stock split of all of its issued and outstanding shares of common stock. Delta's shares will trade on the OTC Bulletin Board under the symbol "DLTA" at the start of trading on Tuesday, October 27, 2009 on a 1-for-5 split-adjusted basis. Delta's common stock has been assigned a new CUSIP number of 24778R 308.

Additional information about the reverse stock split is available in Delta's definitive proxy statement filed with the Securities and Exchange Commission on August 10, 2009 and the Current Report on Form 8-K filed on October 26, 2009.

About Delta Oil & 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.

Safe Harbor 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.

Source: Delta Oil & Gas Inc. (OTCBB: DOIG) http://www.deltaoilandgas.com

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Tags: acquisition   business   california   canada   exploration   gasoline   natural gas   nevada   note   oil   oklahoma   property   saskatchewan   sec   sec-8k   securities   stock split   trade  

Companies: Delta Oil & Gas Inc (DOIG)

 

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