Last $0.08 USD
Change Today 0.00 / 0.00%
Volume 0.0
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As of 8:10 PM 04/14/14 All times are local (Market data is delayed by at least 15 minutes).

daleco resources corp (DLOV) Snapshot

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06/11/13 - $0.20
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01/29/14 - $0.06
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daleco resources corp (DLOV) Details

Daleco Resources Corporation is engaged in the exploration, development, and production of oil and gas in the United States. As of September 30, 2013, the company owned working interests in 28 wells in Texas and West Virginia. It also has overriding royalty interests in 70 wells in the Deerlick Coalbed Methane Field in Alabama, 2 wells in Pennsylvania, and 1 well in Texas. In addition, the company explores, markets, and sells naturally occurring minerals, as well as markets and sells products and processes utilizing its minerals. The company owns fee title interest, leasehold interests, and federal mining claims containing non-metallic minerals in the states of New Mexico, Texas, and Utah. Daleco Resources Corporation was founded in 1996 and is based in West Chester, Pennsylvania.

4 Employees
Last Reported Date: 02/18/14
Founded in 1996

daleco resources corp (DLOV) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $137.5K
President, Chief Financial Officer, Principal...
Total Annual Compensation: $100.0K
Director, Chairman of Non-Qualified Independe...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

daleco resources corp (DLOV) Key Developments

Daleco Resources Corp. announced delayed 10-Q filing

On 02/18/2014, Daleco Resources Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Daleco Resources Corp. Announces Resignation of Stanley M. Porfido as Member of its Board of Directors and Associated Committees

On February 10, 2014, Mr. Stanley M. Porfido submitted his resignation as member of its Board of Directors and associated committees of Daleco Resources Corp. for personal reasons.

Daleco Resources Corp. Auditor Raises 'Going Concern' Doubt

Daleco Resources Corp. filed its 10-K on Feb 18, 2014 for the period ending Sep 30, 2013. In this report its auditor, Mayer Hoffman McCann P.C., gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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Price/Sales 7.8x
Price/Book 1.5x
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TEV/Sales 3.4x

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