The Denver independent will gain access to 57,000 net acres - split between 41,000 acres in Reeves County and another 16,000 acres in Culberson County in Texas - from privately held Arris Petroleum and 299 Resources, both of which were managed by Kimmeridge Energy Management.
The buy marks PDC's entry in the Permian, after building a core position in Niobrara tight oil play in Colorado.
The
