- Tight Gas & Oil
- Gas Hydrates
The deal, which adds a second core operating area to PDC's portfolio, consists of about 57,000 net acres in Reeves and Culberson counties in West Texas.
Further optimization could lead to better frack designs, stage and well spacing, greater production and ultimately, more profit.
The Woodlands, Texas-based company closed its acquisition of Lynden Energy in May, positioning itself in the Midland Basin.
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