Petroleum Development Corporation to Host Colorado Analyst Day Thursday, July 15, 2010

DENVER, March 23 /PRNewswire-FirstCall/ -- Petroleum Development Corporation (Nasdaq: PETD) today announced it will host an analyst day and field tour for equity analysts and institutional investors at the Company's corporate office in Denver.

Please plan to join Rick McCullough, Chairman and Chief Executive Officer, along with key members of the executive team for an update on 2010 results to-date and the Company's second-half of the year plans.  Following the presentation guests are invited to travel with management on an afternoon field tour to one of Petroleum Development's Wattenberg well sties.

• When:
  • Thursday, July 15, 2010
• Where:
  • Petroleum Development Corporation; Lobby Conference Room, 1775 Sherman Street, Denver, Colorado, 80203
• Agenda:
  • 8:30 AM – Presentation
  • 12:00 PM – Boxed Lunch
  • 12:30 PM – Field tour
  • 6:00 PM – Dinner

Please save the date; and for further information or to RSVP contact Heather Davis, Investor Relations Coordinator, at 303.831.3923 or via e-mail at [email protected].

For those unable to attend, an 8-K of the Analyst Day presentation will be filed at the start of the meeting and available on our website at www.petd.com.

About Petroleum Development Corporation

Petroleum Development Corporation (www.petd.com) is an independent energy company engaged in the development, production and marketing of natural gas and oil. Its operations are focused in the Rocky Mountains with additional operations in the Appalachian Basin and Michigan. PDC is included in the S&P SmallCap 600 Index and the Russell 3000 Index of Companies.

SOURCE Petroleum Development Corporation