Rochester, New York 12/17/2009 1:45:00 PM
News / Business

Petroleum Development Corporation (NASDAQ:PETD) to Host Analyst Day March 12

Petroleum Development Corporation (NASDAQ:PETD) will host an analyst day on Friday, March 12, 2010.  The event will be held at the NASDAQ Market Site in New York City.  The meeting will begin at 10:30 am and conclude at 1:30 pm ET that afternoon. 

 

The event will be broadcasted via webcast on the company’s website, http://www.petd.com/.  The webcast will remain on the site for thirty days following the end of the event.  To RSVP or find more information regarding the event, contact PETD Manager – Investor Relations Marti Dowling at 303.831.3926, or mdowling@petd.com.

 

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Petroleum Development Corporation (PDC) is an independent energy company engaged in the exploration, development, production and marketing of oil and natural gas. During the year ended December 31, 2008, the Company owned interests in approximately 4,712 gross, 3,259 net, wells located primarily in the Rocky Mountain Region and the Appalachian and Michigan Basins with 753 billion cubic feet equivalent (Bcfe), of net proved reserves, of which 88% was natural gas and 12% was oil. During 2008, the production for the Company was 38.7 Bcfe, averaging 106.1 millions of cubic feet equivalent (MMcfe) per day. The Company operates in four business segments: oil and gas sales, natural gas marketing activities, well operations and pipeline income, and oil and gas well drilling operations.

 

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