Pedevco Corp (A:PED)

Business Focus: Oil & Gas Exploration and Production

Oct 21, 2019 08:45 am ET
PEDEVCO CEO Announces Acquisition of over 8% of Ring Energy, Inc.
PEDEVCO Evaluating Acquisition of Ring Energy Shares from CEO
Sep 18, 2019 04:45 pm ET
PEDEVCO Raises $25 Million Through Private Offering to Fund Permian Basin Development and Acquisitions
HOUSTON, TX / ACCESSWIRE / September 18, 2019 / PEDEVCO Corp. (NYSE American:PED) (the "Company") today announced that it has raised an aggregate of $25 million of unrestricted cash through the sale of restricted common stock, including $12 million at approximately $1.43 per share from Mr. Viktor Tkachev, a seasoned oil and gas industry executive and investor who formerly served in several executive level positions at various oil companies which merged with BP, and $13 million at approximately $1.58 per share from SK Energy LLC, an investment firm owned by Dr. Si
Jul 31, 2019 04:45 pm ET
PEDEVCO Announces Rebranding and Relocation of Headquarters
The New Brand Reinforces the Company’s Restructuring and Focus on the Permian Basin
Jun 13, 2019 09:00 am ET
May 21, 2019 04:05 pm ET
PEDEVCO Raises $18 Million Through Private Offerings to Fund Permian Basin Development
HOUSTON, TX / ACCESSWIRE / May 21, 2019 / PEDEVCO Corp. (NYSE American: PED) (the "Company") today announced that it has raised $15 million through the sale of restricted common stock at $2.20 per share to SK Energy LLC, an investment firm owned by Dr. Simon Kukes, the Company's Chief Executive Officer, and an additional $3 million through the sale of restricted common stock at $2.00 per share to two investors unaffiliated with the Company. Combined, the Company raised an aggregate of $18 million of unrestricted cash through these private offerings at a blended avera
May 06, 2019 08:30 am ET
Apr 29, 2019 08:15 am ET
PEDEVCO Announces Successful Results of Horizontal San Andres Wells Drilled in its Permian Basin Asset
HOUSTON, TX / ACCESSWIRE / April 29, 2019 / PEDEVCO Corp. (NYSE American: PED) (the ''Company'') today announced the results of its first horizontal well drilled in the Company's Chaveroo field of the prolific San Andres play in the Northwest Shelf of the Permian Basin situated in West Texas and eastern New Mexico. This first well, the Haley Chaveroo SA Unit 305H (''Haley 305 well''), was spud in December 2018, completed in February 2019, and put on production in March 2019, reaching a peak daily rate of 539 barrels of oil equivalent per day (''BOEPD'') (88% oil), or 138 BOE p
Apr 03, 2019 09:00 am ET
Pacific Energy Development to Present at 2019 IPAA OGIS Conference in New York City
HOUSTON, TX / ACCESSWIRE / April 3, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") today announced that J. Douglas Schick, President of the Company, will present at the 2019 IPAA Oil & Gas Investment Symposium (OGIS) at the Sheraton New York Times Square Hotel, New York, New York, on Monday, April 8, 2019 at 3:05 pm Eastern Time, and will also host one-on-one meetings. The presentation will be web cast live and archived on the Company's web site,
Mar 11, 2019 04:30 pm ET
Pacific Energy Development to Present at 31st Annual Roth Conference
HOUSTON, TX / ACCESSWIRE / March 11, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") today announced that J. Douglas Schick, President of the Company, and Mr. Ivar Siem, a member of the Company's Board of Directors and head of its Operating Committee, will be attending and jointly participating in one-on-one meetings at the 31st annual ROTH Conference at The Ritz-Carlton, Laguna Niguel, California on March 18th and 19th, 2019. Mr. Schick will also be participating in a panel discussion
Feb 19, 2019 09:00 am ET
Pacific Energy Development Announces Conversion of $22 Million of Debt into Equity
HOUSTON, TX / ACCESSWIRE / February 19, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") announced today that it has converted $15 million in convertible debt held by SK Energy LLC, an investment firm owned by Dr. Simon Kukes, the Company's Chief Executive Officer, into common stock of the Company at a price of $1.50 per share, and an additional $7 million in convertible debt held by SK Energy at a price of $1.79 per share.
Feb 13, 2019 09:00 am ET
Pacific Energy Development Announces Workover Results on Recently Acquired Horizontal Well in the Permian Basin
HOUSTON, TX / ACCESSWIRE / February 13, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the ''Company'') announced today that it successfully completed workover operations on the Domino 21-16 State Com No. 5 Well, which it acquired effective February 1, 2019 as part of its February 1, 2019 purchase of additional producing assets in the Permian Basin. The Company began workover operations on the Domino well immediately after closing the acquisition and is pleased to announce that the well has been online for ov
Jan 14, 2019 09:00 am ET
Dec 17, 2018 04:30 pm ET
Pacific Energy Development Announces Spud of Initial Wells in New Permian Basin Asset
HOUSTON, TX / ACCESSWIRE / December 17, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") announced today that it has spud its initial two wells in the Company's recently acquired Permian Basin Asset ahead of schedule with the first well spud on December 1, 2018, and the second well spud on December 16, 2018. These two wells are the first two of four initial wells planned to be drilled in December 2018 on this asset as part of the Company's anticipated 16 well program through 2019. The Company currently has two drilling rigs c
Oct 01, 2018 08:45 am ET
Pacific Energy Development Announces Appointment of H. Douglas Evans to Board of Directors and John J. Scelfo as Chairman of the Board of Directors
HOUSTON, TX / ACCESSWIRE / October 1, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") today announced that, effective September 27, 2018, the Company appointed H. Douglas Evans to the Company's Board of Directors and existing Board member John J. Scelfo to serve as its Chairman. In addition, the Company announced that all of the members of the Board have agreed to accept no cash compensation for their service on the Board, with Messrs. Evans and Scelfo, as the independent members of the Board, r
Sep 10, 2018 08:00 am ET
Pacific Energy Development Announces Development Plan for Recently Acquired Assets in the Permian Basin
Significant Horizontal Infill Opportunities in Prolific San Andres Formation
Sep 04, 2018 08:45 am ET
Pacific Energy Development Announces Closing of Acquisition of Over 23,000 Net Producing Acres in the Permian Basin
Significant Horizontal Infill Opportunities in Prolific San Andres Formation
Aug 31, 2018 03:52 pm ET
Hunter Oil Closes Asset Sale
via NetworkWire – Hunter Oil Corp. (OTCQX: HOILF; TSX-V: HOC) (the "Company”) is pleased to announce that it has closed the sale of substantially all of its oil and gas operations (the “Assets”) to Pacific Energy Development Corp. (the...
Aug 01, 2018 05:30 pm ET
Pacific Energy Development Enters Agreements to Acquire Producing Assets in the Permian and D-J Basins
-Expands Executive, Engineering, Development, Accounting, Regulatory, Technical and Operating
Jul 12, 2018 08:45 am ET
Pacific Energy Development Adds to Management and Board
New Additions to Focus on Development and Acquisitions
Jun 29, 2018 04:30 pm ET
Pacific Energy Development Regains Compliance with NYSE American Listing Standards
DANVILLE, CA / ACCESSWIRE / June 29, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company"), announced today that the Company has regained compliance with the NYSE American LLC (the "Exchange") continued listing standards.
Jun 26, 2018 05:30 pm ET
Pacific Energy Development Closes Strategic Investment
DANVILLE, CA / ACCESSWIRE / June 26, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") reported today that it entered into a series of transactions resulting in the satisfaction and retirement of substantially all of its existing debt, successfully erasing over $75 million in debt and replacing it with $7.7 million in three-year 8% senior note funded by a strategic investor, SK Energy LLC. With these transactions, the Company estimates that it has increased its stockholders' equity by over $64 million.
Apr 02, 2018 06:40 pm ET
Pacific Energy Development Announces Year End Results Including Continued Reductions in Operating Expenses
DANVILLE, CA / ACCESSWIRE / April 2, 2018 / On March 29, 2018, PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) reported its year-end results for 2017.
Aug 24, 2016 09:30 am ET
Trxade Group, Inc. Appoints Independent Director
TAMPA, Fla., Aug. 24, 2016 (GLOBE NEWSWIRE) -- Trxade Group, Inc., (OTCQB:TRXD), a web-based market platform with 6,200 registered independent pharmacy customers that enables its customers to quickly source and purchase pharmaceuticals, accessories and services from a wide range of manufacturers and drug distributors today announced the appointment of Michael Peterson to the Company's Board of Directors. With this addition, the Trxade Group Board of Directors now comprises four directors; two of whom are independent directors....