Brief: PDC Energy Anticipates Total Daily Production Between 197,000 And 200,000 Barrels Of Oil Equivalent Per Day For Q3

PDC Energy

30/09/2021 21:49

Sept 30 (Reuters) - PDC Energy Inc  PDCE.O :
    * PDC ENERGY PROVIDES PRELIMINARY THIRD QUARTER OPERATING
RESULTS
AND REVISED FULL-YEAR GUIDANCE
    * PDC ENERGY INC SAYS ANTICIPATE TOTAL DAILY PRODUCTION
BETWEEN
197,000 AND 200,000 BARRELS OF OIL EQUIVALENT PER DAY FOR Q3
    * PDC ENERGY INC SEES DAILY OIL PRODUCTION BETWEEN 63,000
AND
65,000 BARRELS PER DAY FOR Q3
    * PDC ENERGY INC SAYS ANTICIPATED TOTAL PRODUCTION NEAR
BOTTOM OF
PREVIOUS RANGE OF 190,000 TO 195,000 BOE PER DAY FOR FULL-YEAR
2021
    * PDC ENERGY INC SEES FY 2021 OIL PRODUCTION OF 60,000 TO
63,000
BBLS PER DAY, BELOW PREVIOUS RANGE OF 64,000 TO 66,000 BBLS PER
DAY
    * PDC ENERGY INC SAYS EXPECTS TO EXIT Q3 WITH LESS THAN $1.2
BILLION OF TOTAL NET DEBT
    * PDC ENERGY INC SAYS ANTICIPATES Q4 DAILY TOTAL PRODUCTION
AND
OIL PRODUCTION TO REPRESENT INCREASE OF MORE THAN 10% COMPARED
TO Q4 OF 2020

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