IMPORTANT UPDATE REGARDING THE FINAL APPROVAL HEARING

The hearing on the final approval of the Class Settlement has been changed to
April 7, 2009 at 2:00 p.m.

Welcome to the Petroleum Development Gas Royalties Settlement website. This website contains information about a class action settlement with Petroleum Development Corporation and its predecessors and affiliates (together “Petroleum Development”).

The Settlement concerns the alleged underpayment of royalties relating to natural gas produced by Petroleum Development from wells in Adams, Broomfield, Larimer, Weld and Yuma Counties of Colorado. The lawsuit claimed that Petroleum Development inappropriately deducted from royalties certain costs Petroleum Development incurred to place the gas in a marketable condition and location. Petroleum Development denied the allegations.

You may obtain further information about this Class Action by clicking on the following links at this website:

Notice
Complaints
Settlement Agreement (with exhibits)
Order Granting Preliminary Approval
Frequently Asked Questions
Heirship/Beneficiary Form

Additional information is available if you call our toll free number 1-800-804-1830.
Please do not contact the Court, or Petroleum Development.

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