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AUG 05, 2013 - Washington Business Journal

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PDC Energy sets stock offering

PDC Energy Inc. will sell 3.75 million shares of common stock in an underwritten public offering. The Denver company (Nasdaq: PDCE) said it’s also granted the underwriter a 30-day option to purchase up to an additional 562,500 shares of the stock to cover over-allotments if any. Bank of America Merrill Lynch is acting as the sole underwriter of the offering. PDC focuses its operations in Colorado’s Wattenberg Field, north and east of Denver, and in the Utica shale play in Ohio and West Virginia’s…

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