PDC Energy Reports Q1'12 Results; Re-Upping on Horizontal Niobrara/Codell Locations – Wattenberg Field Acquisition Provides Room to Bloom
May 16, 2012
PDC Energy (NASDAQ: PETD) is an oil and natural gas exploration and production company with operations focused primarily in the Wattenberg Field of Colorado, including the horizontal Niobrara, the Marcellus Shale development in West Virginia and the Utica Shale in Ohio. Company Snapshot (May 4, 2012): Ticker: PETD Market Capitalization: $741 million Enterprise Value: $1.27 billion 2011 Average Production: 130.1
