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Company Name Petroleum Development Corp. Ticker Symbol PETD

 Address 120 Genesis Blvd.
Bridgeport, WV 26330
United States
Email petd@petd.com Phone 1-304-842-3597
Website www.petd.com Fax 1-304-842-0913


 
Business Information

The group's principal activity is to develop, produce and market natural gas and oil. The activities also include drilling and development activities, acquisition of natural gas and oil producing wells and the expansion of natural gas marketing activities. The group operates under three segments namely natural gas sales, drilling and development and well operations. It drills natural gas wells for company sponsored drilling partnerships and retains an interest in each well. The group also engages in oil and gas sales to commercial and industrial end-users. As of 31-Dec-2003, the group operates approximately 2,500 wells located in the appalachian basin, Michigan, and the rocky mountain region, with gross proved reserves of 468 billion cubic feet equivalent of natural gas.

Executive Information
Name Title Email
Steven WilliamsChmn., CEO N/A
Darwin StumpChief Accounting Officer N/A
Richard McCulloughCFO, Treasurer N/A
Bart BrookmanVP - Production N/A
Celesta MiracleVP - Investor Relations, Communications Available

 
Financial Information  ( All figures in $ '000 )
Year Sales Net Income
2006 286,503237,772
2005 343,13341,452
2004 293,66033,228

 
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