Schedule 13D Amendment No. 7

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AfpzartEr4l8nf8gguN1b3W9QARr/+dXABKHansF2MXV9eNvY1fhx1BL83qakXdO WICpSTlZcNcGWeQ2rxhvvA== 0001193125-08-242497.txt : 20081125 0001193125-08-242497.hdr.sgml : 20081125 20081125060207 ACCESSION NUMBER: 0001193125-08-242497 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20081125 DATE AS OF CHANGE: 20081125 GROUP MEMBERS: KIRK KERKORIAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DELTA PETROLEUM CORP/CO CENTRAL INDEX KEY: 0000821483 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 841060803 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41532 FILM NUMBER: 081212029 BUSINESS ADDRESS: STREET 1: 370 SEVENTEENTH STREET STREET 2: SUITE 4300 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3032939133 MAIL ADDRESS: STREET 1: 370 SEVENTEENTH STREET STREET 2: SUITE 4300 CITY: DENVER STATE: CO ZIP: 80202 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRACINDA CORP CENTRAL INDEX KEY: 0000319029 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 150 RODEO DRIVE SUITE 250 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 BUSINESS PHONE: 7027378060 MAIL ADDRESS: STREET 1: 150 RODEO DRIVE SUITE 250 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 7 Schedule 13D Amendment No. 7

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

Under Rule 13d-1 of the Securities Exchange Act of 1934

(Amendment No. 7)

Delta Petroleum Corporation

(Name of Issuer)

Common Stock, par value $.01 per share

(Title of Class of Securities)

247907207

(CUSIP Number)

Richard Sobelle, Esq.

Tracinda Corporation

150 South Rodeo Drive, Suite 250

Beverly Hills, CA 90212

(310) 271-0638

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

November 24, 2008

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

^* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 247907207


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Tracinda Corporation
2.		Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨
3.		SEC Use Only
4.		Source of Funds (See Instructions) BK
5.		Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨
6.		Citizenship or Place of Organization Nevada


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7. Sole Voting Power 38,508,000
		8. Shared Voting Power -0-
		9. Sole Dispositive Power 38,508,000
		10. Shared Dispositive Power -0-


11.		Aggregate Amount Beneficially Owned by Each Reporting Person 38,508,000
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
13.		Percent of Class Represented by Amount in Row (11) 37.26% *
14.		Type of Reporting Person (See Instructions) CO

* Percentage calculated on the basis of 103,350,044 shares of common stock issued and outstanding as of November 3, 2008, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2008.

CUSIP No. 247907207


1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Kirk Kerkorian
2.		Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨
3.		SEC Use Only
4.		Source of Funds (See Instructions) N/A
5.		Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨
6.		Citizenship or Place of Organization United States


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7. Sole Voting Power 38,508,000
		8. Shared Voting Power -0-
		9. Sole Dispositive Power 38,508,000
		10. Shared Dispositive Power -0-


11.		Aggregate Amount Beneficially Owned by Each Reporting Person 38,508,000
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
13.		Percent of Class Represented by Amount in Row (11) 37.26% *
14.		Type of Reporting Person (See Instructions) IN

This Amendment No. 7 amends and supplements that certain Schedule 13D filed on February 26, 2008 and previously amended on June 11, 2008, June 19, 2008, July 8, 2008, September 3, 2008, November 6, 2008 and November 14, 2008 and as amended by those certain Schedule TO-Cs filed on October 31, 2008 and November 7, 2008 with the Securities and Exchange Commission by Tracinda Corporation, a Nevada corporation (“Tracinda”), and Kirk Kerkorian, an individual and the sole shareholder of Tracinda (as so amended, the “Schedule 13D”). Capitalized terms used herein and not otherwise defined in this Amendment No. 7 shall have the meaning set forth in the Schedule 13D. Except as specifically set forth herein, the Schedule 13D remains unmodified.

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby amended by adding the following:

During the period from November 21, 2008 to November 24, 2008, Tracinda purchased an aggregate of 1,280,000 shares of the common stock of Delta Petroleum Corporation (approximately 1.24% of the outstanding shares) in open market transactions for an aggregate price of $6,376,388, or approximately $4.98 per share, before commissions, as set forth on Exhibit 10 hereto. As a result, Tracinda owns 38,508,000 shares (approximately 37.26% of the outstanding shares). The source of funds for these purchases was funds available under its Credit Agreement.

Item 5.

Interests in Securities of the Issuer.

Item 5 of the Schedule 13D is hereby amended to add the following information:

(a)-(b) The following table sets forth information with respect to the Company’s securities beneficially owned by each person or entity named in Item 2 of the Schedule 13D. Mr. Kerkorian has sole voting and investment power with respect to the shares held by the Filing Persons.


Name	Number of Shares	Percent of Outstanding(1)
Tracinda Corporation	38,508,000	37.26	%
Kirk Kerkorian	38,508,000	37.26	%
Anthony L. Mandekic	540	(2	)

(1)	Computed on the basis of 103,350,044 shares of common stock issued and outstanding on November 3, 2008, as set forth in the Company’s Form 10-Q for the fiscal quarter ended September 30, 2008.

(2)	Less than 1% of the outstanding shares of common stock.

(c) During the period from November 21 through November 24, 2008, Tracinda purchased an aggregate of 1,280,000 shares of the Company’s common stock in the open market for an average purchase price of approximately $4.98 per share, as set forth in Exhibit 10 hereto, which is incorporated herein by reference. Other than as set forth herein, none of the persons named in paragraphs (a)-(b) above have effected any transactions since the filing of Amendment No. 6 to the Schedule 13D.

(d) & (e) Not applicable.

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

November 24, 2008


TRACINDA CORPORATION

By:		/s/ Anthony L. Mandekic
		Anthony L. Mandekic
		Secretary/Treasurer

KIRK KERKORIAN

By:		/s/ Anthony L. Mandekic
		Anthony L. Mandekic
		Attorney-in-Fact *

* Power of Attorney, dated February 13, 2008,

previously filed as Exhibit 3 to the Schedule 13D.

EX-10 2 dex10.htm SCHEDULE OF PURCHASES OF COMMON STOCK OF DELTA PETROLEUM Schedule of Purchases of Common Stock of Delta Petroleum

EXHIBIT 10


Date	No. of Shares	Price per share
11/21/2008	200	$	4.0900
11/21/2008	1,900	$	4.1000
11/21/2008	1,000	$	4.1100
11/21/2008	300	$	4.1150
11/21/2008	300	$	4.1175
11/21/2008	25,862	$	4.1179
11/21/2008	4,400	$	4.1200
11/21/2008	2,400	$	4.1300
11/21/2008	100	$	4.1400
11/21/2008	100	$	4.1575
11/21/2008	800	$	4.1600
11/21/2008	3,100	$	4.1700
11/21/2008	27,300	$	4.1750
11/21/2008	300	$	4.1775
11/21/2008	60,800	$	4.1800
11/21/2008	10,300	$	4.1900
11/21/2008	16,500	$	4.2000
11/21/2008	1,300	$	4.2100
11/21/2008	700	$	4.2200
11/21/2008	200	$	4.2300
11/21/2008	300	$	4.2400
11/21/2008	1,600	$	4.2500
11/21/2008	100	$	4.2830
11/21/2008	400	$	4.2850
11/21/2008	200	$	4.3100
11/21/2008	100	$	4.3150
11/21/2008	7,800	$	4.3174
11/21/2008	1,200	$	4.3300
11/21/2008	200	$	4.3325
11/21/2008	3,300	$	4.3350
11/21/2008	300	$	4.3400
11/21/2008	100	$	4.3450
11/21/2008	22,732	$	4.3494
11/21/2008	67,575	$	4.3500
11/21/2008	400	$	4.3525
11/21/2008	25,025	$	4.3639
11/21/2008	35,000	$	4.3729
11/21/2008	1,900	$	4.3753
11/21/2008	5,355	$	4.3842
11/21/2008	800	$	4.3900
11/21/2008	4,300	$	4.4000
11/21/2008	46,206	$	4.5000
11/21/2008	10,000	$	4.5015
11/21/2008	97,567	$	4.5109
11/21/2008	2,550	$	4.5286
11/21/2008	10,000	$	4.5295


11/21/2008	200	$	4.5900
11/21/2008	14,085	$	4.5909
11/21/2008	2,615	$	4.6000
11/21/2008	5,377	$	4.6100
11/21/2008	400	$	4.6150
11/21/2008	100	$	4.6250
11/21/2008	3,378	$	4.6272
11/21/2008	100	$	4.6400
11/21/2008	5,250	$	4.6469
11/21/2008	100	$	4.6500
11/21/2008	4,528	$	4.6560
11/21/2008	1,500	$	4.6650
11/21/2008	100	$	4.6750
11/21/2008	400	$	4.6800
11/21/2008	48,400	$	4.6850
11/21/2008	7,573	$	4.7000
11/21/2008	75,000	$	4.8268
11/21/2008	5,000	$	4.8317
11/21/2008	800	$	4.8400
11/21/2008	2,222	$	4.8500

11/24/2008	400	$	5.2900
11/24/2008	1,600	$	5.3100
11/24/2008	1,500	$	5.3300
11/24/2008	1,300	$	5.3400
11/24/2008	100	$	5.3450
11/24/2008	2,175	$	5.3500
11/24/2008	4,000	$	5.3600
11/24/2008	100	$	5.3700
11/24/2008	100	$	5.3750
11/24/2008	4,500	$	5.3800
11/24/2008	2,725	$	5.3900
11/24/2008	3,900	$	5.4000
11/24/2008	1,110	$	5.4100
11/24/2008	1,400	$	5.4200
11/24/2008	7,453	$	5.4300
11/24/2008	15,300	$	5.4400
11/24/2008	86,506	$	5.4500
11/24/2008	200	$	5.4550
11/24/2008	100	$	5.4570
11/24/2008	400	$	5.4575
11/24/2008	17,827	$	5.4600
11/24/2008	6,200	$	5.4650
11/24/2008	31,425	$	5.4700
11/24/2008	34,485	$	5.4800
11/24/2008	300	$	5.4875
11/24/2008	28,133	$	5.4900
11/24/2008	86,474	$	5.5000
11/24/2008	900	$	5.5050
11/24/2008	100	$	5.5075
11/24/2008	19,121	$	5.5100
11/24/2008	1,800	$	5.5150
11/24/2008	3,800	$	5.5175


11/24/2008	13,983	$	5.5200
11/24/2008	4,113	$	5.5250
11/24/2008	300	$	5.5275
11/24/2008	12,383	$	5.5300
11/24/2008	200	$	5.5350
11/24/2008	600	$	5.5375
11/24/2008	24,187	$	5.5400
11/24/2008	200	$	5.5450
11/24/2008	100	$	5.5470
11/24/2008	100	$	5.5475
11/24/2008	11,500	$	5.5500
11/24/2008	3,600	$	5.5550
11/24/2008	200	$	5.5575
11/24/2008	8,243	$	5.5600
11/24/2008	700	$	5.5620
11/24/2008	100	$	5.5650
11/24/2008	200	$	5.5675
11/24/2008	8,400	$	5.5700
11/24/2008	3,100	$	5.5750
11/24/2008	5,200	$	5.5800
11/24/2008	14,000	$	5.5900
11/24/2008	500	$	5.5925
11/24/2008	1,700	$	5.6000
11/24/2008	100	$	5.6050
11/24/2008	300	$	5.6200
11/24/2008	2,400	$	5.6300
11/24/2008	600	$	5.6400
11/24/2008	500	$	5.6500
11/24/2008	400	$	5.6600
11/24/2008	500	$	5.6800
11/24/2008	600	$	5.6900
11/24/2008	290	$	5.7000
11/24/2008	1,310	$	5.7100
11/24/2008	700	$	5.7300
11/24/2008	100	$	5.7400
11/24/2008	1,900	$	5.7700
11/24/2008	500	$	5.7800
11/24/2008	500	$	5.8000
11/24/2008	400	$	5.8100
11/24/2008	200	$	5.8300
11/24/2008	1,900	$	5.8400
11/24/2008	100	$	5.8450
11/24/2008	700	$	5.8500
11/24/2008	300	$	5.8550
11/24/2008	1,400	$	5.8600
11/24/2008	100	$	5.8700
11/24/2008	100	$	5.8770
11/24/2008	2,300	$	5.8800
11/24/2008	1,000	$	5.8900
11/24/2008	3,200	$	5.9000
11/24/2008	5,600	$	5.9100
11/24/2008	100	$	5.9125
11/24/2008	900	$	5.9200


11/24/2008	3,600	$	5.9300
11/24/2008	100	$	5.9900
11/24/2008	50,000	$	6.0000
11/24/2008	3,100	$	6.0050
11/24/2008	200	$	6.0070
11/24/2008	4,000	$	6.0075
11/24/2008	1,110	$	6.0100
11/24/2008	100	$	6.0175
11/24/2008	4,624	$	6.0200
11/24/2008	2,297	$	6.0300
11/24/2008	600	$	6.0350
11/24/2008	7,100	$	6.0400
11/24/2008	300	$	6.0500
11/24/2008	200	$	6.0600
11/24/2008	3,500	$	6.0700
11/24/2008	3,000	$	6.0725
11/24/2008	200	$	6.0750
11/24/2008	700	$	6.0775
11/24/2008	826	$	6.0800
11/24/2008	300	$	6.0900
11/24/2008	4,400	$	6.1000
11/24/2008	200	$	6.1100
11/24/2008	100	$	6.1200
11/24/2008	400	$	6.1300
11/24/2008	200	$	6.1450
11/24/2008	100	$	6.1475
11/24/2008	100	$	6.1700
11/24/2008	500	$	6.1775
11/24/2008	100	$	6.1800

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