Articles from PEDEVCO Corp.

HOUSTON, Nov. 04, 2025 (GLOBE NEWSWIRE) -- PEDEVCO Corp. (NYSE American: PED), (“PEDEVCO” or the “Company”) announced today that it has merged with certain portfolio companies (the “Portfolio Companies”) controlled by Juniper Capital Advisors, L.P. (together with affiliates, “Juniper”), which own substantial oil-weighted producing assets and significant leasehold interests with future drilling inventory located in the Northern DJ and Powder River Basins (the “Transaction”). As consideration, PEDEVCO issued 10,650,000 shares of PEDEVCO Series A Convertible Preferred (the “Convertible Preferred Shares”) stock, convertible into 106,500,000 shares of common stock of the Company, and PEDEVCO has refinanced the Portfolio Companies’ previously outstanding debt and preferred equity. Simultaneously with the closing of the Transaction, PEDEVCO has also closed on a private placement of 6,363,637 Convertible Preferred Shares, raising a total of $35 million in gross cash proceeds (the “Equity Raise”).

HOUSTON, TX / ACCESSWIRE / May 16, 2022 / ­­ PEDEVCO Corp. (NYSE American:PED)("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three months ended March 31, 2022 and provided an operations update. Key Highlights Include: - Produced an average of 1,074 barrels of oil equivalent per day ("BOEPD")

HOUSTON, TX / ACCESSWIRE / March 11, 2022 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the year ended December 31, 2021 and provided an operations update. Key Highlights Include: - Produced an average of 727 barrels of oil equivalent per day ("BOEPD") (86% oil) in

HOUSTON, TX / ACCESSWIRE / March 7, 2022 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that the Company is scheduled to participate in the 34th Annual Roth Conference to be held in Dana Point, California on March 13-15, 2022. J. Douglas Schick, President of the Company, will host one-on-one meetings with investors during the Conference. An updated investor deck prepared in conjunction with the Conference will be posted on the

Increases Company's Interest in Prolific Non-Op Producing Wells HOUSTON, TX / ACCESSWIRE / February 7, 2022 / PEDEVCO Corp. (NYSE American:PED) announced today that it recently consummated the acquisition of certain additional D-J Basin assets located in Weld County, Colorado from a third party effective July 1, 2021. These assets include approximately 46.6 net leasehold acres located in the core of the Wattenberg Extension and interests in 14

Initial Production Anticipated in Mid-February HOUSTON, TX / ACCESSWIRE / January 6, 2022 / PEDEVCO Corp. (NYSE American:PED) announced today that it has completed the drilling of two new horizontal wells in its Permian Basin Asset, with the lateral lengths of each landing 100% in the targeted upper San Andres zone. The first well, the State 402H, reached a true vertical depth (TVD) of 4,373 feet with a lateral length (MD) of 5,286 feet. The

HOUSTON, TX / ACCESSWIRE / December 8, 2021 / PEDEVCO Corp. (NYSE American:PED) announced today that it has spud the first of two new horizontal wells that the Company plans to drill this month in its Permian Basin Asset. The first well, the State 402H, was spud yesterday and is planned to have a target depth of 4,368 feet with a lateral length of 5,270 feet. The second well, the State 403H, is planned to be spud following the completion of

Third Quarter Revenues Increased 68% to $4.1 Million HOUSTON, TX / ACCESSWIRE / November 15, 2021 / PEDEVCO Corp. (NYSE American:PED), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the third quarter ended September 30, 2021 and provided an operations update. Third Quarter 2021 Financial Summary - Oil and gas production for the third

HOUSTON, TX / ACCESSWIRE / October 6, 2021 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced that it has closed its previously announced registered direct offering with a certain institutional investor, pursuant to which the Company sold approximately $7.0 million worth of common stock. Under the

HOUSTON, TX / ACCESSWIRE / October 4, 2021 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced that it entered into a securities purchase agreement with a certain institutional investor to purchase approximately $7.0 million worth of its common stock in a registered direct offering. Under the terms of

Increased Focus on Highly Economic and Prospective D-J Basin Opportunities HOUSTON, TX / ACCESSWIRE / September 20, 2021 / PEDEVCO Corp. (NYSE American:PED), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., published its updated Company presentation on its website at www.PEDEVCO.com. The Company's presentation includes, among other things, additional information on the Company's

Second Quarter Revenues Increased 470% to $3.74 Million HOUSTON, TX / ACCESSWIRE / August 17, 2021 / PEDEVCO Corp. (NYSE American:PED), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the second quarter ended June 30, 2021 and provided an operations update. Second Quarter 2021 Financial Summary - Oil and gas production for the second

HOUSTON, TX / ACCESSWIRE / May 17, 2021 / PEDEVCO Corp. (NYSE American:PED) (the "Company") reported 1st quarter of 2021 results today. Due primarily to the Company bringing two new horizontal San Andres wells on production in Q1 2021, and the successful completion of a number of enhancement projects in the Permian Basin, coupled with the improving oil price environment, the Company grew its revenues by 25% from $2.8 million in the 1st