Petroleum Development Corp.

Petroleum Development Corp. has retained Meagher Oil & Gas Properties Inc. to sell nonproducing leasehold interests in the Atlantic Rim Prospect in Wyoming. The package includes 100% working interest (87.50% net revenue interest) in 3,416 gross and net acres in Carbon County in the Mesaverde coalbed-methane play. The prospect is on 100% federal lands with leases to expire in 2009 and 2010. Leases cover all depths. The bid due date is Dec. 18. The effective date is Nov. 1. the closing is scheduled for Jan. 8. Contact Nicholas Asher, 303-721-6354, ext. 260.