Delta Petroleum Corp. - 2010-12-30

Closed on a new senior secured credit facility with Macquarie Bank Ltd. consisting of a $100-million credit line, of which $50 million will be initially available to the company. The $50 million comprises a $30-million revolving line of credit (Tranche A) and a $20-million advancing term loan (Tranche B). The credit facility matures on January 31, 2012, and replaces Delta's previous credit facility.