PDC Energy,Inc. (NASDAQ:PDCE) Files An 8-K Other EventsItem 8.01 Other Events.
On November14, 2017, PDC Energy,Inc. issued a press release announcing that it intends to effect a private offering of senior notes to certain eligible purchasers. A copy of the press release is furnished as Exhibit99.1 hereto. The press release is neither an offer to sell nor the solicitation of an offer to buy the notes or any other securities. The notes will be offered in the United States only to qualified institutional buyers in reliance on Rule144A under the Securities Act of 1933 (the “Securities Act”) and outside the United States in reliance on Regulation S under the Securities Act. The notes have not been registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from registration requirements.
Item 8.01 Financial Statements and Exhibits.
PDC ENERGY, INC. ExhibitEX-99.1 2 a17-26477_2ex99d1.htm EX-99.1 Exhibit 99.1 PDC Energy Announces Proposed Private Debt Offering DENVER,…To view the full exhibit click here 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.