Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
PDC Energy Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
PDC Energy Inc, Oil & Gas Deals By Type, 2012 to YTD 2018 8
PDC Energy Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
PDC Energy Inc, Oil & Gas, Deals By Sector, 2012 to YTD 2018 10
PDC Energy Inc, Oil & Gas, Deals Summary, 2012 to YTD 2018 11
PDC Energy Inc, Oil & Gas, Deal Details 13
Asset Purchase 13
PDC Energy Completes Acquisition Of Oil And Gas Assets In Colorado From Bayswater For US$200 Million 13
PDC Energy Completes Acquisition Of 15,900 Net Acres In Colorado In Swap Transaction 14
PDC Energy Acquires 100% Interest In 4,500 Net Acres In Texas From Fortuna Resources For US$118 Million 15
PDC Energy Completes Acquisition Of 13,500 Net Acres In Wattenberg Field In Colorado From Noble Energy, In Swap Transaction 16
PDC Energy Acquires 13,000 Net Acres In Utica Shale Play, Ohio For US$35 Million 17
PDC Energy Completes Acquisition Of Wattenberg Field Assets In Colorado From Merit Energy For Up To US$327 Million 18
Venture Financing 20
Arris Petroleum To Raise US$100 Million In Venture Financing Round 20
Arris Petroleum Raises US$166.5 Million In Venture Financing Round 21
Arris Petroleum Raises US$3 Million In Venture Financing Round 22
Arris Petroleum Raises US$121.8 Million In Venture Financing Round 23
Equity Offering 24
PDC Energy Completes Public Offering Of Shares For US$574.6 Million 24
PDC Energy Completes Public Offering Of Shares For US$302 Million 26
PDC Energy Completes Public Offering Of Common Shares For US$206 Million 28
PDC Energy Completes Public Offering Of Shares For US$279.5 Million 30
PDC Energy Completes Public Offering Of Common Stock For US$172.3 Million 32
Debt Offering 34
PDC Energy Completes Private Placement Of 5.75% Senior Notes, Due 2026 For US$600 Million 34
PDC Energy Completes Private Placement Of 6.125% Notes, Due 2024 For US$400 Million 35
PDC Energy Completes Public Offering Of 1.125% Convertible Senior Notes, Due 2021 For US$200 Million 36
PDC Energy Completes Private Placement Of 7.75% Notes Due 2022 For US$500 Million 38
Asset Transactions 39
PDC Energy Completes Sale Of Utica Shale Assets In Ohio For US$40 Million 39
PDC Energy Completes Sale Of 16,200 Net Acres In Colorado In Swap Transaction 40
Noble Energy Completes Acquisition Of 11,700 Net Acres In Wattenberg Field, Colorado From PDC Energy, In Swap Transaction 41
PetroShare Completes Acquisition Of Oil And Gas Assets In DJ Basin, Colorodo From PDC Energy For US$4.6 Million 42
Arris Petroleum Plans To Sell Oil And Gas Acreage In Texas 43
Caerus Oil and Gas Completes Acquisition Of Oil And Gas Assets In Colorado And Kansas From PDC Energy For US$200 Million 44
Miller Energy Resources Acquires Oil And Gas Assets In Tennessee From PDC Energy 46
PDC Energy Plans To Sell Oil And Gas Assets In Colorado 47
Concho Resources Completes Acquisition Of Oil And Gas Properties In Texas From Petroleum Development For US$184 Million 48
Acquisition 50
PDC Energy Completes Acquisition Of Two Private Oil And Gas Companies From Kimmeridge Energy For US$1.51 Billion 50
Mountaineer Keystone Completes Acquisition Of 50% Interest In PDC Mountaineer From PDC Energy For US$250 Million 52
PDC Energy Inc – Key Competitors 54
PDC Energy Inc – Key Employees 55
PDC Energy Inc – Locations And Subsidiaries 57
Head Office 57
Other Locations & Subsidiaries 57
Joint Venture 58
Recent Developments 59
Drilling and Production Updates 59
Feb 01, 2017: PDC Energy Announces Year-End 2016 Proved Reserves Of Approximately 341 MMBoe And Full-Year 2016 Production Increase Of 44% to 22.2 MMBoe 59
Financial Announcements 61
Aug 08, 2018: PDC Energy announces 2018 second quarter operating and financial results including total production of 9.4 million barrels of oil equivalent; updates 2018 production and financial guidance 61
Nov 06, 2017: PDC Energy Announces 2017 Third Quarter Operating And Financial Results With 42% Year-Over-Year Production Increase To 8.5 Million Barrels Of Oil Equivalent 64
Aug 08, 2017: PDC Energy Announces 2017 Second Quarter Results 66
May 05, 2017: PDC Energy Announces 2017 First Quarter Operating And Financial Results Including Production Increase Of 46% To 6.6 Million Barrels Of Oil Equivalent 68
Feb 28, 2017: PDC Energy Announces 2016 Full-Year And Fourth Quarter Operating And Financial Results; Production Increase Of 44 Percent To 22.2 MMBoe 70
Other Significant Developments 73
May 02, 2018: PDC Energy Announces 2018 First Quarter Operating And Financial Results Including Production Increase Of 34% To 8.9 Million Barrels Of Oil Equivalent 73
Feb 26, 2018: PDC Energy Announces 2017 Full-Year And Fourth Quarter Operating And Financial Results Including Year-Over-Year Oil Production Increase Of 48 Percent 75
Feb 06, 2018: PDC Energy Announces Year-End 2017 Proved Reserves Of Approximately 453 MMBoe, Including Nearly 100 MMBoe In Delaware Basin 78
Jan 04, 2018: PDC Energy hires Scott Meyers as chief financial officer 80
Dec 21, 2017: PDC Energy Announces New Director Appointment 81
Dec 11, 2017: PDC Energy Announces 2018 Capital Investment Budget Of $850 To $920 Million; 2018 Production Forecast Of 38 To 42 Million Boe And Estimated Year-End Leverage Ratio Of 1.6 Times 82
Jun 28, 2017: Carrizo Oil & Gas Announces Delaware Basin Acquisition And Provides Operational Update 84
New Contracts Announcements 86
Oct 31, 2017: PDC Energy Reaches Agreement With Federal And State Regulators To Settle Lawsuit And Improve Air Emission Controls In Its DJ Basin Operations 86
Appendix 87
Methodology 87
About GlobalData 87
Contact Us 87
Disclaimer 87
PDC Energy Inc, Oil & Gas, Key Facts, 2017 2
PDC Energy Inc, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
PDC Energy Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
PDC Energy Inc, Oil & Gas Deals By Type, 2012 to YTD 2018 8
PDC Energy Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
PDC Energy Inc, Deals By Sector, 2012 to YTD 2018 10
PDC Energy Inc, Oil & Gas, Deals Summary, 2012 to YTD 2018 11
PDC Energy Completes Acquisition Of Oil And Gas Assets In Colorado From Bayswater For US$200 Million 13
PDC Energy Completes Acquisition Of 15,900 Net Acres In Colorado In Swap Transaction 14
PDC Energy Acquires 100% Interest In 4,500 Net Acres In Texas From Fortuna Resources For US$118 Million 15
PDC Energy Completes Acquisition Of 13,500 Net Acres In Wattenberg Field In Colorado From Noble Energy, In Swap Transaction 16
PDC Energy Acquires 13,000 Net Acres In Utica Shale Play, Ohio For US$35 Million 17
PDC Energy Completes Acquisition Of Wattenberg Field Assets In Colorado From Merit Energy For Up To US$327 Million 18
Arris Petroleum To Raise US$100 Million In Venture Financing Round 20
Arris Petroleum Raises US$166.5 Million In Venture Financing Round 21
Arris Petroleum Raises US$3 Million In Venture Financing Round 22
Arris Petroleum Raises US$121.8 Million In Venture Financing Round 23
PDC Energy Completes Public Offering Of Shares For US$574.6 Million 24
PDC Energy Completes Public Offering Of Shares For US$302 Million 26
PDC Energy Completes Public Offering Of Common Shares For US$206 Million 28
PDC Energy Completes Public Offering Of Shares For US$279.5 Million 30
PDC Energy Completes Public Offering Of Common Stock For US$172.3 Million 32
PDC Energy Completes Private Placement Of 5.75% Senior Notes, Due 2026 For US$600 Million 34
PDC Energy Completes Private Placement Of 6.125% Notes, Due 2024 For US$400 Million 35
PDC Energy Completes Public Offering Of 1.125% Convertible Senior Notes, Due 2021 For US$200 Million 36
PDC Energy Completes Private Placement Of 7.75% Notes Due 2022 For US$500 Million 38
PDC Energy Completes Sale Of Utica Shale Assets In Ohio For US$40 Million 39
PDC Energy Completes Sale Of 16,200 Net Acres In Colorado In Swap Transaction 40
Noble Energy Completes Acquisition Of 11,700 Net Acres In Wattenberg Field, Colorado From PDC Energy, In Swap Transaction 41
PetroShare Completes Acquisition Of Oil And Gas Assets In DJ Basin, Colorodo From PDC Energy For US$4.6 Million 42
Arris Petroleum Plans To Sell Oil And Gas Acreage In Texas 43
Caerus Oil and Gas Completes Acquisition Of Oil And Gas Assets In Colorado And Kansas From PDC Energy For US$200 Million 44
Miller Energy Resources Acquires Oil And Gas Assets In Tennessee From PDC Energy 46
PDC Energy Plans To Sell Oil And Gas Assets In Colorado 47
Concho Resources Completes Acquisition Of Oil And Gas Properties In Texas From Petroleum Development For US$184 Million 48
PDC Energy Completes Acquisition Of Two Private Oil And Gas Companies From Kimmeridge Energy For US$1.51 Billion 50
Mountaineer Keystone Completes Acquisition Of 50% Interest In PDC Mountaineer From PDC Energy For US$250 Million 52
PDC Energy Inc, Key Competitors 54
PDC Energy Inc, Key Employees 55
PDC Energy Inc, Subsidiaries 57
PDC Energy Inc, Joint Venture 58
List of Figures
PDC Energy Inc, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
PDC Energy Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
PDC Energy Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
PDC Energy Inc, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
PDC Energy Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 7
PDC Energy Inc, Oil & Gas, Deals by Type, 2012 to YTD 2018 8
PDC Energy Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 9
PDC Energy Inc, Oil & Gas, Deals by Sector, 2012 to YTD 2018 10