Viking Fund Management’s PDC Energy, Inc. PDCE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-60,000	Closed	-$4.36M	–	138
2016 Q4	$4.36M	Hold	60,000	–	–	0.55%	48
2016 Q3	$4.02M	Buy	+60,000	New	+$3.63M	0.66%	44
2016 Q2	–	Sell	-245,000	Closed	-$14.6M	–	46
2016 Q1	$14.6M	Sell	245,000 -120,000	-33%	-$6.26M	2.79%	13
2015 Q4	$19.5M	Sell	365,000 -15,000	-4%	-$863K	3.84%	6
2015 Q3	$20.1M	Buy	380,000 +46,000	+14%	+$2.36M	3.53%	8
2015 Q2	$17.9M	Buy	334,000 +69,000	+26%	+$3.9M	2.37%	16
2015 Q1	$14.3M	Buy	265,000 +100,000	+61%	+$4.85M	1.87%	20
2014 Q4	$6.81M	Sell	165,000 -15,000	-8%	-$606K	0.96%	36
2014 Q3	$9.05M	Buy	180,000 +28,000	+18%	+$1.58M	1.01%	42
2014 Q2	$9.6M	Buy	152,000 +88,000	+138%	+$5.53M	1.09%	43
2014 Q1	$3.98M	Buy	+64,000	New	+$3.51M	0.56%	49