Colorado driller hesitant to pour more money into expanded exploration

PDC Energy - Operations Overview - Wattenberg Field and Delaware Basin

 

Colorado drilling giant PDC Energy’s leaders say despite the jump in oil prices over the Russian invasion of Ukraine, they don’t plan on a large expansion of exploration.

Instead, following the suit of many other energy companies, they intend to focus on ensuring money in the pockets of company investors reported Colorado NewsLine.

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