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
September
17, 2008
Date
of report (Date of earliest event reported)
Petroleum
Development Corporation
Exact
Name of Registrant as Specified in Charter
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Nevada
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0-7246
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95-2636730
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State
or Other Jurisdiction
of
Incorporation
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Commission
File
Number
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IRS
Employer
Identification
Number
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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):
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[
]
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Written
communications pursuant to Rule 425 under Securities Act (17 CFR
230.425)
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[
]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[
]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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[
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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No
Change
Former
Name or Former Address, if Changed Since Last Report
Item
8.01. Other
Events
On
September 17, 2008, Petroleum Development Corporation announced that it has no
hedging or other contractual counterparty exposure to Lehman Brothers Holdings,
Inc., its subsidiaries, or its affiliates.
In
addition, on September 18, 2008, Petroleum Development Corporation announced a
change in their corporate Headquarters from Bridgeport, West Virginia, to
Denver, Colorado, effective March 1, 2009.
A copy of
the Press Releases are attached as Exhibit 99.1 and Exhibit 99.2 respectively
and incorporated herein by reference.
Item
9.01. Financial Statements and Exhibits.
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Exhibit
No.
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Description
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99.1
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Press
Release, dated September 17, 2008 - Petroleum Development Corporation
Announces No Counterparty Exposure to Lehman Brothers Holdings, Inc., or
its Affiliates
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99.2
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Press
Release, dated September 18, 2008 - Petroleum Development Corporation
Changes Official Headquarters; Employment at Bridgeport Office Expected to
Continue to Grow
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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
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Date:
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September
19, 2008
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By:
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/s/
Richard W. McCullough
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Richard
W. McCullough
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President
and Chief Executive Officer
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