Operator · Utica Shale
PDC Energy, Inc.
80 articles mentioning PDC Energy, Inc. · Page 3 of 4
PDC Ramps Up Production 44% YOY to 31.8 MMBOE
PDC reported its Q4 2017 results. Highlights: YOY production increase of 44% to 31.8 MMBOE or approximately 87,200 Boe per day with a December exit rate of approximately 97,000 Boe per day Oil production of 12.9...
PDC Taps New Chief Financial Officer
PDC Energy has tapped R. Scott Meyers as its new CFO. Meyers formerly served as PDC's Chief Accounting Officer. Mr. Meyers has been the Company's Chief Accounting Officer since April 2009. Prior to joining the Company,...
PDC Adds Weatherford Exec to Board
PDC Energy has appointed Christina M. Ibrahim to its board of directors. About Ibrahim: Ms. Ibrahim has more than 20 years' experience in the oil and gas industry, including serving as Executive Vice President, General Counsel...
PDC IDs 2018 Budget; Talks Rig, Well Plans for Wattenberg, Delaware Basin
PDC Energy has announced its 2018 capital and production plan. Details: Capex: $850-920 million (up +18% at the midpoint from 2017's budget of $750 million) Production Guidance: 38-42 MMBOE (25% growth YOY) Focus on Wattenberg Field...
PDC Touts First Enhanced Delaware Completion; Cuts One Wattenberg Rig
PDC Energy reported its Q3 2017 results. Highlights from its release / call include: Q3 Production: 8.5 MMBOE (up +42% YOY) - oil production up +47% YOY to 3.4 MMBbls Currently operating 6 rigs (3 Wattenberg...
PDC Cutting Wattenberg Rig Count as Drilling Efficiencies Increase
PDC released its Q2 2017 results. Highlights from its report / call include: - Production increased 54% YOY to 8.0 MMBOE - Spud 44 wells (all Wattenberg) / Turned-in-line 38 wells (32 Wattenberg / 6 Delaware...
Armed with Strong Hedge Books and Lower D&C Costs, Companies Not Slowing Down Despite Low Oil Price
Q2 results will not be out for another month and there's great speculation as to how companies will respond to the falling oil price. Last week, at the JP Morgan Energy Equity Conference, companies answered questions...
Armed with a Strong Hedge Book, PDC Confident as Price Falls
[Summary: At the 2017 JP Morgan Energy Equity Conference, PDC President and CEO Bart Brookman detailed the company's "resilient case" plan which the company will implement to combat the low oil price.Although the "resilient case" plan...
Operator Selling 70,000 Net Acres In The Ohio Utica Play; 21 Mboe/d of Production
The company announced that...
PDC to Unload Utica Assets Before Year-End; Doubles Delaware Basin Rigs
PDC reported its Q1 2017 results and highlights from its release / conference call include:
PDC Sees Wattenberg Reserves Jump 25% YOY to 341 MMBOE
PDC Energy reported year-end 2016 proved reserves and full-year production.
Wattenberg, Permian E&P Spending 90% More in 2017; ~$750 Million
The company also plans to increase its production guidance 40% YOY.
PDC Energy Taps New CFO
PDC Energy announced the appointment of Mr. David Honeyfield to the position of Chief Financial Officer.
PDC Talks Utica Break-Evens, Increased Lateral Length
PDC Energy reported its 2016 third quarter financial and operating results.
PDC Dropping Wattenberg Rig Count to Three; Cuts Budget
PDC plans to Reduce its rig count in the Wattenberg field to...
PDC, Noble Ink Wattenberg Acreage Trade Deal
The Company is reviewing the potential effects of the trade on its 2016 development plans.
PDC's Borrowing Base Reaffirmed at $700 Million
The borrowing base on its revolving credit facility has been re-affirmed at $700 million and that the Company has elected to keep its commitment level at $450 million.
PDC's 1Q Production Skyrockets 65% YOY to 47,840 BOE/d
PDC Energy, Inc. reported its 2016 first quarter financial and operating results.
PDC Wraps Up $296.8 Million Public Offering
BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers for the offering.
PDC Energy Upsizes Offering To 5.1 MM Shares
It would seem the equity markets flood gates have opened. PDC Energy is now upsizing its offering to sell 5.15 Million shares of common stock. At current price that is $262.7 million.