Q2 2017 PDC Energy Inc Earnings Call
Conference Call PDC Energy Inc
PDC Energy Inc Conference call or earnings call will be held on Aug 8, 2017 During the earnings conference call's session PDC Energy Inc will provide updated information and financial status.
Conference call is also referred to as: teleconference call or audio conference bridge. Conferencing service is provided in house or as cloud based teleconference service.
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We are a domestic independent exploration and production company that produces, develops, acquires and explores for crude oil, natural gas and NGLs with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. Our 2016 drilling and completion operations in the Wattenberg Field are expected to focus on the middle core area of the Niobrara and Codell plays. As of December 31, 2015, we own an interest in approximately 3,000 gross producing wells, of which approximately 650 are horizontal. Production of 15.4 MMboe for the year ended December 31, 2015 represents an increase of 65% compared to the year ended December 31, 2014. For the month ended December 31, 2015, we maintained an average production rate of 52 MBoe per day. We were able to achieve this strong growth rate while maintaining a liquidity position of $402.2 million as of December 31, 2015 and a debt to EBITDAX ratio, as defined in our revolving credit facility agreement, of 1.4 times.Read more Conference Call