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PEDEVCO Corp., also called PEDEVCO, is an independent energy company, which engages in the acquisition, exploration, development, and production of oil and natural gas resources in the United States. The firm primarily focuses on oil and natural gas shale plays, and conventional oil and natural gas plays. Read More Its operations are located in the Niobrara Shale play in the Denver-Julesburg Basin in Morgan and Weld Counties, Colorado; and the Eagle Ford Shale play in McMullen County, Texas. The company was founded by Frank C. Ingriselli on February 9, 2011 and is headquartered in Houston, TX.
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Yahoo FinanceMay 6
PEDEVCO Provides Updates on New Horizontal San Andres Wells Drilled in its Permian Basin Asset
Haley 305H Well Peak IP30 of 499 BOEPD Jennifer 251H Well Peak IP24 of 431 BOEPD HOUSTON, TX / ACCESSWIRE / May 6, 2019 / PEDEVCO Corp. (NYSE American: PED) (the "Company") today announced that its first horizontal well drilled in the Company's Chaveroo field, the Haley Chaveroo SA Unit 305H ("Haley 305H well"), which reached a peak daily rate ("IP24") of 539 barrels of oil equivalent per day ("BOEPD") (88% oil), or 138 BOE per 1,000 feet, has now achieved a thirty-day average peak initial production rate...
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