PDC's operations include exploration, development, production and marketing of natural gas and oil. Total 2010 production for the Company consisted of 68% natural gas, most of which is derived from the Rocky Mountain region, and 32% crude oil and NGLs.
As of year-end 2010, the Company owns an interest in approximately 5,000 wells and reported proved reserves of 860.6 Bcfe. PDC has a large inventory of predictable, low-cost drill sites that offer positive development potential and long-term growth opportunities.