Denver-based Petroleum Development Corporation is involved in the exploration, development, production and marketing of oil and natural gas. Headed by Richard McCullough, who joined Petroleum Development Corporation in 2006 as CFO, the company has three objectives: drill and develop, acquire strategically, and manage risk.
Although Petroleum Development Corporation’s headquarters are in Colorado, all eyes are now back East. “The area we are most excited about it the Marcellus Shale are of Appalachia,” says McCullough, “This is considered to be one of the top two or three new emerging shale plays in the country.” To read the full article by William Atkinson, go to page 58 of the upcoming digital issue of EQUITIES Magazine. Sign up for a free one-year subscription to EQUITIES Magazine.
Petroleum Development Corporation will be featured alongside NiMin Energy Corp. (TSX: NNN), U.S. Energy Corp. (NASDAQ: USEG), China North East Petroleum Holdings Ltd (NYSE Amex: NEP) and GeoResources Inc. (NASDAQ: GEOI) in the October 2009 issue of EQUITIES Magazine.
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Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
