Q2 2017 PDC Energy Inc Earnings Call

8/8/2017 11:00

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 performance report status.
In order to join the earning call, dial the conference’s bridge and key in the PIN code. Contact PDC Energy Inc for this information
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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.    
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PDC Energy Inc (PDCE)

1775 Sherman Street, Denver Colorado 80203, United States