SELLING DEALERS AGREEMENT EXHIBIT (1) (b) Selling Dealers Agreement PDC SECURITIES INCORPORATED BRIDGEPORT, WEST VIRGINIA 26330 Selling Dealers AgreementSelling Dealers Agreement • June 10th, 2003 • PDC 2003 Drilling Program I • West Virginia
Contract Type FiledJune 10th, 2003 Company JurisdictionWe have entered into a Dealer Manager Agreement (the "Dealer Manager Agreement") with Petroleum Development Corporation, a Nevada corporation ("PDC"), the proposed Managing General Partner of PDC 2003-C, and D, a series of limited partnerships to be formed under the laws of West Virginia (the "Partnership"), under which we have agreed to use our best efforts to place with qualified investors preformation partnership interests in the Partnership ("Units"). PDC and the Partnership are offering up to $52,500,000 of Units consisting of 2,625 Units at a price of $20,000 per Unit with fractional Units available as described in the Partnership's Offering Prospectus, dated ________________, 2003 (the "Prospectus"), a copy of which has previously been furnished to you.
EXHIBIT (1) (b) Selling Dealers Agreement PDC SECURITIES INCORPORATED BRIDGEPORT, WEST VIRGINIA 26330 Selling Dealers AgreementSelling Dealers Agreement • October 10th, 2000 • PDC 2003 Drilling Program • West Virginia
Contract Type FiledOctober 10th, 2000 Company JurisdictionWe have entered into a Dealer Manager Agreement (the "Dealer Manager Agreement") with Petroleum Development Corporation, a Nevada corporation ("PDC"), the proposed Managing General Partner of PDC 2001-A, B, C, and D; PDC 2002-A, B, C, and D and 2003-A, B, C, and D, a series of limited partnerships to be formed under the laws of West Virginia (the "Partnership"), under which we have agreed to use our best efforts to place with qualified investors preformation partnership interests in the Partnership ("Units"). PDC and the Partnership are offering up to $150,000,000 of Units consisting of 7,500 Units at a price of $20,000 per Unit with fractional Units available as described in the Partnership's Offering Prospectus, dated 2001 (the "Prospectus"), a copy of which has previously been furnished to you.