DENVER, Jan. 04, 2018 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that it has appointed R. Scott Meyers, the Company’s current Chief Accounting Officer, to the position of Chief Financial Officer, effective immediately. Mr. Meyers will be responsible for financial and treasury functions, as well as other related duties, and he will continue to head the Company’s accounting team.
Mr. Meyers has been the Company’s Chief Accounting Officer since April 2009. Prior to joining the Company, he served as a Senior Manager with PricewaterhouseCoopers LLC and Schneider Downs & Co., Inc., an accounting firm based in Pittsburgh, Pennsylvania. Mr. Meyers holds a B.S. in Accounting from Grove City College, Pennsylvania.
Bart Brookman, the Company’s Chief Executive Officer, said, “Scott has been a key part of the PDC team for almost a decade and has been integral in the success of our company. We are very pleased that he has accepted the expanded role and we’re confident that he is very qualified for the job.”
David Honeyfield, the Company’s previous CFO, has resigned from the company contemporaneously with the appointment of Mr. Meyers. His resignation did not result from a disagreement with the Company with respect to any matter relating to the Company’s operations, policies or practices, including its accounting policies and procedures. Mr. Brookman said, “We thank David for his service at PDC and wish him the best going forward.”
About PDC Energy, Inc.
PDC Energy, Inc. is a domestic independent exploration and production company that produces, develops, and explores for crude oil, natural gas, and NGLs, with primary operations in the Wattenberg Field in Colorado and the Delaware Basin in Reeves and Culberson Counties, Texas. The Company also has operations in the Utica Shale in Southeastern Ohio, which it plans to divest. PDC’s operations are focused in the horizontal Niobrara and Codell plays in the Wattenberg Field and in the Wolfcamp zones in the Delaware Basin.