PDC Energy Announces Continued Refreshment of Board of Directors Until


DENVER, 02 Feb. Feb. 2, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) announced today that it has appointed Pamela R. Butcher to its Board of Directors effective February 2, 2022. Ms. Butcher brings nearly 40 years of leadership experience in the chemical industry, most recently as CEO, President and COO of Pilot Chemical Corp. (“Pilot”), a position from which she retired in January 2021. Prior to Pilot, Ms. Butcher worked 29 years for Dow Inc. (formerly known as The Dow Chemical Company) in various management positions of increasing responsibility.

Non-Executive Chairman of the Board and Chair of the Environmental, Social, Nominating and Governance Committee, Mark Ellis, said, “We are extremely fortunate to welcome Pam to the PDC Board. Her incredible knowledge and leadership experience in the chemical industry provides tremendous perspective on ESG and sustainability issues, making her a valuable resource for our Board of Directors. Pam’s addition not only builds on our 2021 refresh initiatives, but adds a respected diversity of thought, experience and industry that further enhances PDC’s board-level oversight while also strengthening ‘aligning with the creation of shareholder value.

In 2021, the Corporation’s board refresh initiatives resulted in the addition of two new directors. Including Ms. Butcher, seven of the eight directors are independent, five of whom represent new additions since 2020. In addition, three directors are either women and/or identify as underrepresented minorities.

About PDC Energy, Inc.

PDC Energy, Inc. is an independent domestic exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas and NGLs, with operations in the Wattenberg field in Colorado and in the Delaware Basin in West Texas. Its operations in the Wattenberg field are concentrated in the Niobrara and Codell horizontal zones and our operations in the Delaware Basin are mainly concentrated in the Wolfcamp horizontal zones.

contacts: Kyle Sourk
Corporate Finance & Investor Relations Director
[email protected]


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