You can buy or sell PEDEVCO and other stocks, options, ETFs, and crypto commission-free!
PEDEVCO Corp., also called PEDEVCO, is an independent energy company, which is engaged in the acquisition, exploration, development and production of oil and natural gas resources in the United States. Its 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 Danville, CA.
52 Week High
52 Week Low
Oil and Gas
Seeking AlphaMar 5
Pedevco says debt free after converting remaining $32.7M of debt into equity
Pedevco (NYSEMKT:PED) +10.4% pre-market after saying it is now debt free upon converting all of its remaining $32.7M in debt into common stock at $2.13/share.
Associated PressMar 4
Pacific Energy Development Announces Conversion of Additional $32.7 Million of Debt into Equity
Company Now Debt-Free HOUSTON, TX / ACCESSWIRE / March 4, 2019 / PEDEVCO Corp. d/b/a Pacific EnergyDevelopment (NYSE American: PED) (the “Company”) announced today that it has converted all of its remaining $32.7 million in debt into common stock of the Company at a price of $2.13 per share, and is now debt-free. Substantially all of the Company’s debt was held by SK Energy LLC, an investment firm owned by Dr. Simon Kukes, the Company’s Chief Executive Officer. John J. Scelfo, Chairman of the Company’s Bo...
Expected Mar 28, After Hours