D-J Basin Asset
Wattenberg, Wattenberg Extension and Colorado Mineral Belt
Weld and Morgan Counties, Colorado
The Niobrara-DJ Basin is a crude oil and liquids rich gas play that is located in Northeast Colorado and Southeast Wyoming. Our Denver-Julesburg (D-J) Basin Asset is situated in the heart of Wattenberg, Wattenberg Extension and Colorado Mineral Belt in Weld and Morgan Counties, Colorado, a prime drilling location with strong presence of key operators, including Synergy, Bonanza Creek, and Carrizo.
PED holds 18,300 net acres and serves as the operator through its subsidiaries Red Hawk Petroleum and Condor Energy Technology, with our strategic partners Global Globe and MI Energy.
As one of the leading low-cost operators in the basin, we focus on drilling efficiency and highly-economically operations to drive bottomline profitability. More details can be found in our investor presentation.
About the D-J Basin