-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001181431-08-013074.txt : 20080222
<SEC-HEADER>0001181431-08-013074.hdr.sgml : 20080222
<ACCEPTANCE-DATETIME>20080222193339
ACCESSION NUMBER:		0001181431-08-013074
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080220
FILED AS OF DATE:		20080222
DATE AS OF CHANGE:		20080222

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KERKORIAN KIRK
		CENTRAL INDEX KEY:			0000898686
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16203
		FILM NUMBER:		08637984

	BUSINESS ADDRESS:	
		STREET 1:		4045 S. SPENCER
		STREET 2:		# A57
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89119
		BUSINESS PHONE:		7027378060

ISSUER:		

	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

	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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TRACINDA CORP
		CENTRAL INDEX KEY:			0000319029
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16203
		FILM NUMBER:		08637985

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd196683.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-02-20</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000821483</issuerCik>
        <issuerName>DELTA PETROLEUM CORP/CO</issuerName>
        <issuerTradingSymbol>DPTR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000319029</rptOwnerCik>
            <rptOwnerName>TRACINDA CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>150 SOUTH RODEO DRIVE, SUITE 250</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BEVERLY HILLS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90212</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000898686</rptOwnerCik>
            <rptOwnerName>KERKORIAN KIRK</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>150 SOUTH RODEO DRIVE, SUITE 250</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BEVERLY HILLS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90212</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Appreciation Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>19.00</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-02-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>263000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2008-02-22</value>
            </exerciseDate>
            <expirationDate>
                <value>2018-02-20</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>263000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Grant by Tracinda Corporation of stock appreciation rights to receive cash with respect to 263,000 shares of common stock of Delta Petroleum Corporation to an independent contractor.  Ownership of the common stock is retained directly by Tracinda and indirectly by Kirk Kerkorian who owns all the outstanding shares of common stock of Tracinda Corporation.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Anthony L. Mandekic, Secretary/Treasurer, on behalf of Tracinda Corporation</signatureName>
        <signatureDate>2008-02-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Anthony L. Mandekic, Attorney in Fact for Kirk Kerkorian</signatureName>
        <signatureDate>2008-02-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----