Delta Petroleum Corp. (DPTR), an independent oil and gas exploration and development company, announced that it has appointed Carl Lakey as its Chief Executive Officer, effective immediately.
Most recently, Lakey served as Senior Vice President of Operations for Delta and has been with the Company since 2007. Before joining Delta Petroleum. Lakey spent six years managing operations at El Paso Production Company and sixteen years in various operational and technical positions at ExxonMobil.
The company also announced that John Wallace, currently President and COO, agreed to resign from the Company as an officer and director to pursue other interests.
In addition, Delta announced that it has terminated discussions to sign a definitive Purchase and Sale Agreement with Opon International LLC to sell a 37.5% non-operated working interest in, and jointly develop, its Vega Area assets in the Piceance Basin.
The company noted that it terminated the discussions after Opon was unable to obtain financing for the transaction on the agreed-upon terms.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.