PDC Energy - 2012-05-22

Closed underwritten public offering of 6,500,000 shares of common stock at a public offering price of $26.50 per share to finance a portion of the Company's contemplated acquisition of additional assets in the Wattenberg Field in Colorado or for other general corporate purposes. BofA Merrill Lynch, J.P. Morgan, and Wells Fargo Securities are acting as joint book-runners for the offering.