DENVER, May 06, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC", the "Company," "we" or "us") (NASDAQ:PDCE) today reported its 2016 first quarter financial and operating results. 2016 First Quarter Highlights Production of 4.6 million barrels of oil equivalent (“MMBoe”), a 58% increase year-over-year; daily production of 50,216 barrels of oil equivalent (“Boe”). Crude oil production of 20,965 [...]
DENVER, April 12, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to host a conference call with investors to discuss 2016 first quarter results. Conference Call and Webcast: Date/Time: Friday, May, 6, 2016 at 11:00 a.m. ET Webcast available at: www.pdce.com Domestic (toll free): 877-312-5520 International: 253-237-1142 Conference ID: 86047031 [...]
DENVER, March 11, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has closed its previously announced underwritten public offering of 5,922,500 shares, which number of shares includes 772,500 shares pursuant to the exercise of the underwriters’ overallotment option. The net proceeds from the offering were approximately $296.8 million [...]
DENVER, March 08, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that the underwriters of its recent public offering of its common stock exercised their option to purchase an additional 772,500 shares bringing the total shares to be purchased to 5,922,500. The total gross proceeds (before underwriters’ compensation and estimated expenses) with [...]
DENVER, March 07, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has priced and upsized a public offering from 4,000,000 to 5,150,000 shares of its common stock for total gross proceeds (before underwriters’ compensation and estimated expenses) of approximately $262.7 million. BofA Merrill Lynch and J.P. Morgan are acting as joint [...]
DENVER, March 07, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it intends to offer for sale 4,000,000 shares of its common stock in an underwritten public offering. The Company has granted the underwriters an option for 30 days to purchase up to an additional 600,000 shares of the Company’s common stock to cover over-allotments, if any [...]
DENVER, Feb. 22, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC" or the "Company") (NASDAQ:PDCE) today reported its 2015 year-end and fourth quarter operating and financial results. 2015 Highlights Achieved 65% production growth from continuing operations over 2014 to 15.4 million barrels of oil equivalent (“MMBoe”), or 42,100 barrels of oil equivalent per day ("Boe/d"). Average crude oil production of [...]
DENVER, Jan. 26, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to host a conference call with investors to discuss 2015 fourth quarter and year-end results. Conference Call and Webcast: Date/Time: Monday, February 22, 2016 at 11:00 a.m. ET Webcast available at: www.pdce.com Domestic (toll free): 877-312-5520 International: 253-237-1142 [...]
DENVER, Jan. 20, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC," the "Company," "we" or "us") (NASDAQ:PDCE) today reported year-end 2015 proved reserves and full-year production. Year-End 2015 Highlights Proved reserves of 272.8 million barrels of oil equivalent (“MMBoe”), an approximate 9% increase over year-end 2014 proved reserves with estimated reserve replacement of 247% Increased well-density on [...]
DENVER, December 7, 2015 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC", the "Company", "we" or "us") (NASDAQ:PDCE) today reported its 2016 capital budget and production forecast. 2016 Highlights Targeted cash flow neutrality with planned capital budget of $450 to $500 million. Anticipated annual production of 20.0 to 22.0 MMBoe, 35% to 40% year-over-year growth. Projected 2016 year-end debt to EBITDA of approximately [...]
DENVER, November 5, 2015 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC", the "Company," "we" or "us") (NASDAQ:PDCE) today reported its 2015 third quarter financial and operating results. 2015 Third Quarter Highlights Net cash from operating activities increased 94% to $136.5 million; exceeded capital expenditures of $130.9 million. Production of 47,017 Boe per day; 84% increase compared to the third quarter of 2014 and 27 [...]
DENVER, October 26, 2015 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC", the "Company," "we" or "us") (NASDAQ:PDCE) today announced that Gysle Shellum, Chief Financial Officer ("CFO"), will retire from the Company effective June 30, 2016. Mr. Shellum joined the Company in 2008 and has served as CFO since that time. He will continue to serve as CFO until the appointment of his successor, and thereafter will assist the Company [...]