PDC Energy Inc. - 2013-08-09

Description

Closed its underwritten public offering of some 5.2 million shares. Net proceeds will be used to fund a portion of an expanded capital expenditure program, including the addition of a fourth drilling rig in the Wattenberg field and a second rig in the Utica, and for general corporate purposes. BofA Merrill Lynch was sole underwriter.

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Companies
Estimated Price
$276.0MM
Financing Type
Report Date