PDC Energy acquires Colorado assets for $1.3 billion

Company says the acquisition 'materially increases' its presence in Colorado's Denver-Julesburg basin

Adding on: PDC Energy has agreed to acquire the assets of Great Western Petroleum, located in Colorado, for $1.3 billion
Adding on: PDC Energy has agreed to acquire the assets of Great Western Petroleum, located in Colorado, for $1.3 billionPhoto: AP/SCANPIX
Published 28 February 2022, 22:51Updated 2 March 2022, 10:44