PEDEVCO Provides Update on New Permian Basin Wells [Yahoo! Finance]
Pedevco Corp. (PED)
NASDAQ:AMEX Investor Relations:
pacificenergydevelopment.com
Company Research
Source: Yahoo! Finance
acquisition and development of strategic, high growth energy projects in the U.S., today provided an operational update on its three newly drilled and completed horizontal San Andres wells in its Permian Basin Asset as follows: The Company drilled and completed three horizontal San Andres wells in its core Chaveroo Field in the Permian Basin with its strategic partner Evolution Petroleum Corporation. The wells were drilled in Q4 2023 and completed in January 2024, with first production commencing the last week of January 2024 on one well and early February 2024 for the other two wells. All three wells peaked at between approximately 300 to 375 gross barrels of oil equivalent ("BOEPD") per well (~80% oil) in late February. The Company is pleased with the early production results, with the wells currently performing in line with expectations, but with shallower, better-than-expected declines which have yielded an average of over 750 BOEPD gross for the last 30 days. The Compan
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PED
News
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Pedevco Corp.: Speculative, Unhedged, Oily Micro Cap E&P With Upside Potential [Seeking Alpha]Seeking Alpha
- PEDEVCO Provides Update on New Permian Basin WellsAccesswire
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
PED
Earnings
- 11/8/23 - Miss
PED
Sec Filings
- 4/17/24 - Form 8-K
- 3/18/24 - Form 8-K
- 3/18/24 - Form 10-K
- PED's page on the SEC website