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Executing On Our Long-Term Strategy

PDC Energy, Inc. ("PDC" or the "Company") (NASDAQ: PDCE) is focused on maintaining a strong balance sheet and solid debt metrics while delivering value-added organic growth from a liquids-rich portfolio through horizontal drilling. PDC’s strategy is simple: increase shareholder value through the growth of reserves, production, and per share cash flow and earnings, while focusing on safe and efficient operations, environmental stewardship and community outreach.

PDC’s primary focus continues to be on developing its approximately 2,600 horizontal drilling locations as of year-end 2016 in the Core Wattenberg Field located in Colorado and in its Delaware Basin assets in West Texas. PDC is committed to optimizing margins through efficient drilling operations and sound asset management.

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