Total CapEx up to $970 million in 2018; new Wattenberg completion design allows $5 million worth of stages on a pad for $2.5 million
PDC Energy (ticker: PDCE) announced second quarter results last week, showing net losses of $160.3 million, or ($2.43) per share. Primarily due to derivative losses and an impairment to non-core acreage, this is well below the company’s Q2 2017 results, when PDC earned $41.3 million.

PDC produced 103 MBOEPD in Q2, up 20% from last year, primarily due to growth in the company’s Delaware position. PDC’s producti...

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