pdc8k_201103301.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
March 29, 2011
Date of report (Date of earliest event reported)
[Missing Graphic Reference]
Petroleum Development Corporation
(Doing Business as PDC Energy)
Exact Name of Registrant as Specified in Charter
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Nevada
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0-7246
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95-2636730
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State or Other Jurisdiction
of Incorporation
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Commission
File Number
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IRS Employer
Identification Number
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1775 Sherman Street, Suite 3000, Denver, CO 80203
Address of Principal Executive Offices
304-842-3597
Registrant's telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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No Change
Former Name or Former Address, if Changed Since Last Report
Item 8.01 Other Events.
The following information is furnished pursuant to Item 8.01.
On March 29, 2011, Petroleum Development Corporation (dba PDC Energy) (the “Company”) announced that the Company has added to its previously published natural gas and crude oil derivative positions in its efforts to manage its exposure to future commodity price volatility. A copy of the news release is attached by reference as Exhibit 99.1.
Separately, on March 31, 2011, the Company presented a PowerPoint presentation at the Howard Weil Energy Conference. A copy of the presentation is posted on the Company’s website.
Information included in this report, and in Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in the filing.
The press release furnished as an exhibit to this report includes forward-looking statements within the meaning of the Securities Act of 1933 and the Exchange Act. Such forward-looking statements are subject to certain risks and uncertainties, as disclosed by the Company from time to time in its filings with the Securities and Exchange Commission. As a result of these factors, the Company’s actual results may differ materially from those indicated or implied by such forward-looking statements. Except as required by law, we disclaim any obligation to publicly update or revise forward looking statements after the date of this report to conform them to actual results.
EXHIBIT INDEX
Item 9.01 Financial Statements and Exhibits.
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Exhibit
No.
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Description
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99.1
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PRESS RELEASE dated March 29, 2011:
PDC Energy Adds to Natural Gas and Crude Oil Derivative Positions
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PETROLEUM DEVELOPMENT CORPORATION
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Date:
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March 31, 2011
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By:
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/s/ Richard W. McCullough
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Richard W. McCullough
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Chairman and CEO
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