PDC Energy Announces Investor Conference Call to Discuss Gas Price Realizations

DENVER, May 20, 2011 (GLOBE NEWSWIRE) — PDC Energy (the “Company” or “PDC”) (Nasdaq:PETD) today announced the Company will host a conference call on Monday, May 23, 2011 to provide additional detail on previously announced gas price realizations. Conference call materials will be available on the Company’s website, www.petd.com, at the time of the call. ���

Upcoming Conference Presentations

PDC is scheduled to present at Hart Energy’s Developing Unconventional Oil Conference in Denver, Colorado on May 25, 2011.�Please see the Company’s website for full details.

About PDC Energy

PDC Energy 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 and Permian Basins. �PDC is included in the S&P SmallCap 600 Index and the Russell 3000 Index of Companies.

CONTACT: Marti Dowling
         Manager Investor Relations
         303-831-3926
         ir@petd.com

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