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PDC Energy Co
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January 2023 Corporate Presentation
| Barton R. Brookman | Page 7 of 11 |
May 19, 2024
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"January 2023 Corporate Presentation"
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Significant Scale in Best-of-Class Core Wattenberg Innovation Driving Capital Efficiencies with Larger Pads and Longer Lateral Wells Longer laterals, including 3-mile laterals, provide opportunity for step change improvements to efficiencies Larger number of wells per pad, where acreage supports, can reduce surface footprint and impact on communities while driving efficiencies Wattenberg Field ~230,000 Net Acres CAP/OGDP PDC Kersey Plains Prairie Summit Range LARIMER WELD WELD ADAMS Wayne Pad • 10 wells on 1 pad • 3-mile laterals • Niobrara A, B, C & Codell Gus Pad (First Large GW Pad To Be Turned In Line by PDCE) • 36 wells on 1 pad • 4 square miles developed from one pad • Mix of 1.5-mile and 2.5-mile laterals • Niobrara A, B, C & Codell Guanella CAP • ~450 wells on 22 pads • 50+ square miles developed • Niobrara A, B, C & Codell