The Company places a strong emphasis on organic growth through active horizontal drilling programs. PDC's operations include exploration, development, production and marketing of oil and natural gas. Total 2012 net production for the Company consisted of 65% natural gas, most of which was derived from the Colorado region, and 35% crude oil and NGLs. The Company, however, expects 2013 production to consist of 54% crude oil and NGLs, and 46% natural gas.
SRC Energy is an oil and natural gas production and exploration company. SRC Energy commenced operations in 2008 and is based in Denver, Colorado. The Company engages in the acquisition, exploitation, exploration, development, and production of oil and natural gas assets primarily located in the Wattenberg Field in the Denver-Julesburg Basin in northeast Colorado.
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