Subsequent to the closing of the transaction PDC will provide further information regarding the assets acquired, the impact to the Company and other additional information regarding daily production rates, reserve additions and future drilling plans. PDC intends to provide this additional information on January 23, 2007. The specific details regarding the timing and form of the release will be provided at a later date.
Petroleum Development Corporation is an independent energy company engaged in the development, production and marketing of natural gas and oil. The Company operations are focused in the Rocky Mountains with additional operations in the Appalachian Basin and Michigan.
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