PDC Energy (ASX:PDCE)

Company's Profile

PDC Energy, Inc. is an exploration and production company. The Company acquires, explores and develops properties for the production of crude oil, natural gas and natural gas liquids (NGLs), with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Its operations in the Wattenberg Field are focused on the horizontal Niobrara and Codell plays, and its Delaware Basin operations are primarily focused on the horizontal Wolfcamp zones. The Company owns an interest in approximately 3,500 gross productive wells. The Company's wholly owned subsidiary is PDC Permian, Inc.