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Executing On Our Long-Term Strategy

PDC Energy, Inc. ("PDC" or the "Company") (NASDAQ: PDCE) is focused on maintaining a strong balance sheet and solid debt metrics while delivering value-added organic growth from a liquids-rich portfolio through horizontal drilling. PDC’s strategy is simple: increase shareholder value through the growth of reserves, production, and per share cash flow and earnings, while focusing on safe and efficient operations, environmental stewardship and community outreach.

PDC’s primary focus is developing its approximately 2,150 2P horizontal drilling locations in the Core Wattenberg Field located in Colorado. The Company also operates in the condensate and wet gas windows of the Utica Shale play in Ohio. PDC is committed to optimizing margins through efficient drilling operations and sound asset management.

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