PDC Energy

PDC Energy is an international natural gas and oil company. Its properties located mainly in Ohio and West Virginia. [2] Until its acquisition by Chevron Corporation in 2023, the company was publicly traded on NASDAQ under the symbol "PDCE".[3]

PDC Energy
TypeSubsidiary
Nasdaq: PDCE
IndustryIndependent Oil & Gas Industry
Founded1969[1]
HeadquartersUnited States
ProductsOil & Gas Production
ParentChevron Corporation
Websitewww.pdce.com

PDC Energy Incorporation started its earliest exploration and production activities in 1969. Now is headquarter is in Denver, Colorado. PDC Energy was previously named Petroleum Development Corporation and changed it into PDC Energy Inc. in June 2012. [4]

The production of PDC Energy focuses on balancing liquids to natural gas portfolio through horizontal drilling and meanwhile maintain a solid balance sheet and ample liquidity.

In March 2012, PDC Energy appointed Lance Lauck as Senior Vice President of Corporate Development, and appointed Lauck and Gysle Shellum to the Planning and Finance Committee.[5]

In February 2013, PDC Energy agreed to sell its none-core Colorado holdings to Caerus Oil and Gas LLC for approximately $200 million. [6]

References
  1. "Business Summary". Retrieved Nov 25, 2013.
  2. "profile". Retrieved Nov 25, 2013.
  3. "Business Summary". Retrieved Nov 25, 2013.
  4. "Business Summary". Retrieved Nov 25, 2013.
  5. "PDC Energy Appoints Mr. Lance Lauck to Senior Vice President" (PDF).
  6. "PDC Energy to Sell Non-Core Colorado Natural Gas Assets for Approximately $200 Million; Positions Company to Accelerate Development of Its Liquid-Rich Horizontal Programs in Core Wattenberg and Utica Shale". February 5, 2013. Retrieved Dec 6, 2013.
  • Official website
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