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Chevron announces $6.3 billion deal to acquire Denver-based PDC Energy

Acquisition would add to Chevron’s holdings in Denver-Julesburg, Permian basins

DENVER, CO - DECEMBER 12:  Judith Kohler - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Chevron Corp. says it will acquire Denver-based PDC Energy in an all-stock transaction valued at $6.3 billion, adding to its oil and gas holdings in the Denver-Julesburg and Permian basins.
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