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PDC Energy Closes Senior Notes Offering

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October 3, 2012

PDC Energy Inc. (NASDAQ: PDCE) announced the closing of its previously announced offering of $500 million principal amount of senior unsecured notes.

PDC is using a portion of the net proceeds of the offering to redeem its 12% senior notes due 2018 and expects to use the remaining net proceeds to repay certain other indebtedness and for general corporate purposes. ...

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