Petroleum Development Corp.

Petroleum Development Corp. has retained Meagher Oil & Gas Properties Inc. to sell nonproducing leasehold interests in the Eastern Green River Basin in Wyoming. The package includes 100% working interest (83.38% net revenue interest) in 29,810 gross and net acres in Sweetwater County. The prospect is on 89% federal and the remainder state lands with 14,000 acres to expire Dec. 1. Prospective reservoirs include Mesaverde almond bars, Mesaverde estuarine sands, Lewis turbidites and fractured shales, Fox Hills shoreline sands, Fort Union coals and Mesaverde fluvial sand. 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.