PDC Energy ("PDC" or the "Company") (NASDAQ: PETD) is an independent natural gas and oil company 40 years in the making. Historically strong and stable, PDC is focused on organic growth and an increasing liquids portfolio through horizontal drilling. The Company is committed to optimizing margins through efficient drilling operations, sound well management, and environmental stewardship.
PDC operates in Colorado within the liquid-rich Wattenberg Field, Piceance Basin and Northeastern Colorado (‘NECO”), the Appalachian Basin including the Marcellus Shale in West Virginia, and the emerging liquid-rich Utica Shale play in Ohio. PDC's strategy is simple: increase shareholder value through the growth of reserves and production, while operating properties in an efficient manner to maximize the cash flow and earnings potential of its assets.