DENVER, Sept. 14, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has closed its previously announced concurrent underwritten public offerings of (i) 9,085,000 shares of its common stock (the “common stock”), which number of shares includes 1,185,000 shares issued pursuant to the exercise of the underwriters’ overallotment [...]
DENVER, Sept. 12, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC" or the "Company") (Nasdaq:PDCE) today announced that it has priced an offering of $400 million aggregate principal amount of 6.125% senior unsecured notes due 2024 (the “notes”). The offering is expected to close on or about September 15, 2016, subject to customary closing conditions. PDC intends to use the net proceeds from the offering to fund [...]
DENVER, Sept. 12, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that, subject to market conditions, the Company is planning a private offering of $400 million in aggregate principal amount of its senior unsecured notes due 2024 (the “notes”). PDC intends to use the net proceeds from the offering to fund a portion of the cash [...]
DENVER, Sept. 12, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced the underwriters in its recent public offerings of common stock (the “common stock offering”) and convertible senior notes (the “notes offering”) exercised their over-allotment option to purchase an additional (i) 1,185,000 shares of common stock in the case of [...]
DENVER, Sept. 08, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has priced concurrent underwritten public offerings of 7,900,000 shares of its common stock (the “common stock”) for total gross proceeds (before underwriters’ compensation and estimated expenses) of approximately $500 million and $175 million of its [...]
DENVER, Sept. 08, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it intends to offer for sale 6,500,000 shares of its common stock (the “common stock”) and $100 million aggregate principal amount of its convertible senior notes due 2021 (the “notes”) in concurrent underwritten public offerings. J.P. Morgan will serve as [...]
DENVER, Aug. 23, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has entered into definitive agreements to acquire two privately held companies managed by Kimmeridge Energy Management Company for approximately $1.5 billion, subject to due diligence and certain customary closing conditions. The privately negotiated transaction includes [...]
DENVER, Aug. 09, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. ("PDC", the "Company," "we" or "us") (NASDAQ:PDCE) today reported its 2016 second quarter financial and operating results and updated its full-year 2016 guidance. 2016 Second Quarter Highlights Production of more than 57,100 barrels of oil equivalent (“Boe”) per day; 54% increase year-over-year and 14% increase over the first quarter of 2016. Reduced [...]
DENVER, CO--(Marketwired - Jul 12, 2016) - EnerCom, Inc. will host The Oil & Gas Conference® 21 on August 14-18, 2016, in Denver at the Westin Denver Downtown. Investment and oil and gas professionals can register for the event and find the work-in-progress presenter schedule on the conference website. Conference Details: The Oil & Gas Conference® 21 offers investment professionals the opportunity to listen to [...]
PDC Energy today announced plans to host a conference call with investors to discuss 2016 second quarter results. Conference Call and Webcast: Date/Time: Tuesday, August 9, 2016 at 11:00 a.m. ET Webcast available at: www.pdce.com Domestic (toll free): 877-312-5520 International: 253-237-1142 Conference ID: 47513737 Replay Numbers: Domestic (toll free): 855-859-2056 International: 404-537-3406 Conference ID: 47513737 A [...]
DENVER, June 16, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has entered into definitive agreements (collectively, the “Agreements”) with Noble Energy Inc. and certain affiliates (“Noble”) (NYSE:NBL) to consolidate certain acreage positions in the Core Wattenberg field located in Weld County, Colorado. The Company [...]
DENVER, May 16, 2016 (GLOBE NEWSWIRE) -- PDC Energy Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced today that the borrowing base on its revolving credit facility has been re-affirmed at $700 million and that the Company has elected to keep its commitment level at $450 million. Also today, as previously announced, the Company settled its “3.25% Convertible Senior Notes due 2016&rdquo [...]