DENVER, Aug. 5, 2013 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC" or the "Company") (Nasdaq:PDCE) today announced that it has priced and upsized a public offering from 3,750,000 to 4,500,000 shares of its common stock for total gross proceeds (before underwriter's compensation and estimated expenses) of $243 million. BofA Merrill Lynch acted as the sole underwriter of the offering and has offered the shares at prevailing [...]
DENVER, Aug. 5, 2013 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC" or the "Company") (Nasdaq:PDCE) today announced that it has agreed to sell 3,750,000 shares of its common stock in an underwritten public offering. The Company has granted the underwriter an option for 30 days to purchase up to an additional 562,500 shares of the Company's common stock to cover over-allotments, if any. BofA Merrill Lynch is acting as the [...]
DENVER, Aug. 2, 2013 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC" or the "Company") (Nasdaq:PDCE) today announced the Company has been added to the Russell 3000 Index and Russell 2000 Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 28, 2013. James Trimble, Chief Executive Officer and President, commented, "We are pleased to be added to the Russell 2000, which [...]
PDC Energy today announced plans to host a conference call with investors to discuss second quarter 2013 results. Conference call materials will be available on the Company's website at the time of the call.
PDC Energy today announced that it closed yesterday, June 18, 2013, on the previously disclosed sale of its non-core Colorado natural gas assets. The Company's non-core Colorado assets were sold to Caerus Oil and Gas LLC for approximately $185 million in net proceeds, subject to customary post-closing adjustments. Under the purchase and sale agreement, the transaction was given economic effect as of January 1, 2013. The [...]
PDC Energy today announced the appointment of Mr. Barton Brookman to Executive Vice President and Chief Operating Officer at the Company's recent Board of Directors meeting. The Company also appointed Ms. Adell Heneghan to Vice President of Environmental Health and Safety. Mr. Brookman has previously served as Senior Vice President Exploration and Production since joining PDC in July 2005. Prior to PDC, Mr. Brookman [...]
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