Current PDCE Stock Info

This week PDC Energy (ticker: PDCE) announced the sale of its Marcellus shale assets for approximately $250 million to its Marcellus partner Mountaineer Keystone Energy, LLC.

With the divesture of its approximate 131,000 net Marcellus acres, PDC’s focus now moves sharply onto two liquid rich plays—97,000 net acres in the Wattenberg Field in Colorado and 67,000 net acres in the Utica shale in Ohio.

PDC’s growth opportunities are very clear—its Colorado project inventory includes 2,800 horizontal drill sites in the Wattenberg targeting the ...

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