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PDC Energy Co
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2016 BAML Global Energy Conference
| Bart Brookman | Page 22 of 11 |
November 21, 2024
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"2016 BAML Global Energy Conference"
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Positive Results Near Recently Consolidated Acreage 22 Strategic Acreage Trade Closed 9/28/16 11/16/2016 LDS Project • 10 well pad • 20 wells/section • MRL Design • TIL: 2Q16 • Tighter stage spacing • Choke mgmt. • 15 – 55% increase in proppant Sater Project • 8 well pad • 16 wells/section • SRL Design • TIL: 3Q16 • 8 total wells • 4 wells w/ Slickwater completion design OUTER CORE MIDDLE CORE INNER CORE Closed 9/28/16 Pre-Trade Post-Trade 2H16 Rig Count 4 3 Middle Core Net Acres ~60,000 ~70,300 Outer Core Net Acres ~30,000 ~21,500 2H16 Spuds ~60 ~52 2H16 TILs ~80 ~59 2H16 Average WI ~65% ~90% PDC Acreage