PDC Energy Adds Inventory with $1.3 Billion Core Wattenberg Acquisition

Transaction Type
D-J Basin; Wattenberg Field; Niobrara Shale
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Post Date
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Estimated Price

Acquired the privately held D-J Basin operator owned by affiliates of EIG, TPG Energy Solutions LP and The Broe Group; includes 54,000 net acres in the Wattenberg primarily in Adams County, CO, about 55,000 boe/d (42% oil / 67% liquids) of PDP and 315 operated locations.