PDC Energy, Inc. (NASDAQ:PDCE) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
announcing its operating and financial results for the fiscal
year and fourth quarter ended December 31, 2016. A copy of the
press release is furnished as Exhibit 99.1 and incorporated by
reference herein.
exhibit hereto, is being furnished and shall not be deemed filed
for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing.
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Exhibit No.
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Description
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99.1
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Press Release dated February 28, 2017, announcing
results for the fiscal year and fourth quarter ended December 31, 2016. |
About PDC Energy, Inc. (NASDAQ:PDCE)
PDC Energy, Inc. is an independent exploration and production company. The Company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids (NGLs) with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing. The Company’s Oil and Gas Exploration and Production segment includes all of its crude oil and natural gas properties. The Company’s Gas Marketing segment purchases, aggregates and resells natural gas produced by it and others. The Company’s operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and its Ohio operations are focused in the Utica Shale play. The Company owns an interest in approximately 3,000 gross producing wells, of which approximately 650 are horizontal. The Company has approximately 270 million barrels of oil equivalent (MMBoe) of proved reserves. PDC Energy, Inc. (NASDAQ:PDCE) Recent Trading Information
PDC Energy, Inc. (NASDAQ:PDCE) closed its last trading session 00.00 at 71.69 with 1,285,985 shares trading hands.
