SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
August 6,
2008
Date
of report (Date of earliest event reported)
Petroleum
Development Corporation
Exact
Name of Registrant as Specified in Charter
|
Nevada
|
0-7246
|
95-2636730
|
|
State
or Other Jurisdiction
of
Incorporation
|
Commission
File
Number
|
IRS
Employer
Identification
Number
|
120
Genesis Boulevard, Bridgeport, WV 26330
Address
of Principal Executive Offices
304-842-3597
Registrant's
telephone number, including area code
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing
obligation
of the registrant under any of the following provisions (see General Instruction
A.2. below):
|
[
]
|
Written
communications pursuant to Rule 425 under Securities Act (17 CFR
230.425)
|
|
[
]
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
[
]
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
|
[
]
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
No
Change
Former
Name or Former Address, if Changed Since Last Report
Item
8.01. Other
Events
Petroleum
Development Corporation issued a Press Release yesterday updating its estimate
of reserves as of July 1, 2008. A copy of the press release is
attached herein by reference as Exhibit 99.1.
The
information included in this report and in exhibit 99.1 shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or incorporated by reference in any filing under the
Securities Act of 1933, as amended, or the Exchange Act, except as expressly set
forth by specific reference in the filing.
The press
release furnished as an exhibit to this report includes forward-looking
statements within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934. Such forward-looking statements are subject to certain
risks and uncertainties, as disclosed by the Company from time to time in its
filings with the Securities and Exchange Commission. As a result of these
factors, the Company's actual results may differ materially from those indicated
or implied by such forward-looking statements. Except as required by law, we
disclaim any obligation to publicly update or revise forward looking statements
after the date of this report to conform them to actual results.
Item
9.01. Financial Statements and Exhibits.
|
Exhibit
No.
|
Description
|
|
|
99.1
|
Petroleum
Development Corporation Announces Updated Reserve Estimates:
Company’s
Proved Reserves Estimated at 797 BCFE, 3P Reserves Estimated at
1.17 TCFE
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
PETROLEUM
DEVELOPMENT CORPORATION
|
Date:
|
August
8, 2008
|
|
By:
|
/s/
Richard W. McCullough
|
|
Richard
W. McCullough
|
|
|
President
and Chief Executive Officer
|