Petroleum Development Corporation (Nasdaq: PETD - News) will host a conference call with investors to discuss first quarter 2007 results and the outlook for the year.
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To participate in the conference call, please dial (877) 407-8033 or log onto the corporate website at http://www.petd.com.
The Company expects to issue its First Quarter 2007 earnings report today. Also, the Company will file today its First Quarter 2007 Form 10-Q. This filing will satisfy the requirement by NASDAQ for the Company to issue its quarterly report by June 29.
About Petroleum Development Corporation
Petroleum Development Corporation (http://www.petd.com) is an independent energy company engaged in the development, production and marketing of natural gas and oil. The Company operations are focused in the Rocky Mountains with additional operations in the Appalachian Basin and Michigan. During the third quarter of 2004, the Company was added to the S&P SmallCap 600 Index. Additionally, PDC was added to the Russell 3000 Index of companies in 2003.
Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although PDC believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, drilling results, regulatory changes, changes in federal or state tax policy, changes in local or national economic conditions and other risks detailed from time to time in the Company's reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.
Source: Petroleum Development Corporation
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