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Pacific Energy Development ( OTCM: PEDO )
Latest News & Activity
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Pedevco Restructures $35 Million Debt FacilitySeptember 02,2015
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Pedevco Begins 7 Wattenberg HZ Well Drill ProgramJuly 20,2015
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Pedevco to Begin Drill Ops on Seven Wattenberg WellsJuly 20,2015
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Pedevco to Participate in Seven New Wattenberg WellsJune 22,2015
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Pedevco Plans Offering to Fund Niobrara Portfolio GrowthMay 14,2015
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Pedevco Plans Offering to Fund Niobrara Portfolio GrowthMay 14,2015
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Pedevco Sees Giant Jump in Niobrara Proved ReservesMarch 31,2015
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Pedevco IPs Niobrara B Loomis Well at 681 BOE/dJanuary 15,2015
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Pedevco Begins Production Testing Niobrara Three-Well PadJanuary 08,2015
Deals - Pacific Energy Development Acquisitions
Announce Date | Price($MM) | Region/Basin | Headline | |
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Oct-14-2014 | ![]() |
Rockies - DJ Basin | Pedevco Bolts On Acreage in Wattenberg Field | |
Jan-22-2014 | ![]() |
Rockies - DJ Basin | Pedevco Enters the Niobrara Play; Brings on JV Partner | |
Mar-28-2013 | ![]() |
Mid-Continent | Pacific Energy Acquires Mississippi Lime Acreage | |
Total | ![]() |
Capital Raised
Announced Date | Amount($MM) | Type | Headline | |
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May-14-2015 |
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Equity-Stock-Sales | Pedevco Plans Offering to Fund Niobrara Portfolio Growth | |
Total | ![]() |
About
Pacific Energy Development Corp, a development stage energy company, engages in the acquisition and development of energy projects in the Pacific Rim countries It focuses on shale oil and gas exploration, development, and production in the United States
4125 Blackhawk Plaza Circle
Suite 201A
Danville California 94506
Suite 201A
Danville California 94506
Phone Number
855 733 3826
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Pedevco Restructures $35 Million Debt Facility
September 02,2015
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Pedevco Begins 7 Wattenberg HZ Well Drill Program
July 20,2015
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Pedevco to Begin Drill Ops on Seven Wattenberg Wells
July 20,2015
Pedevco to Participate in Seven New Wattenberg Wells
June 22,2015
Company Acquisitions
Announce Date | Seller | $MM | Type | Play/Location | Details |
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Oct-14-2014 | ![]() |
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Property | Niobrara Shale,DJ Basin,Niobrara - DJ Basin | ![]() |
Jan-22-2014 | ![]() |
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Property | Niobrara - DJ Basin | ![]() |
Mar-28-2013 | ![]() |
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Property | Mississippi Lime | ![]() |
No Results found
Pedevco Begins 7 Wattenberg HZ Well Drill Program
July 20,2015
Drilling operations are expected to commence this week on the seven new Wattenberg hz wells.
Pedevco Sees Giant Jump in Niobrara Proved Reserves
March 31,2015
Total Net Proved Reserves (P1) increased over 28x to 15.1 million BOE at year-end 2014 from 523 thousand BOE at year-end 2013.
Pedevco IPs Niobrara B Loomis Well at 681 BOE/d
January 15,2015
The Loomis 2-1H well is the second of three new horizontal wells recently completed by the Company from a single pad.
Pedevco Looks to Exceed Average IP at Niobrara Loomis Pad
January 08,2015
Based on the initial flow-back, the Company anticipates these wells will exceed the average initial production rates of all prior horizontal wells drilled and completed by the Company in Colorado.
Pedevco Preps to Complete DJ Basin Loomis Wells; Adds SWD Well
November 04,2014
Initial results are expected from the wells in early December. The company hopes to double production by year-end 2015.
Pedevco Hits Target Depth at Niobrara Loomis Well
October 07,2014
The drilling of the first two wells, the Loomis 2-1H and Loomis 2-3H, was completed in September.
Pedevco Ups Proppant Concentration at Latest Niobrara Wells
September 23,2014
Both wells are located on the Company's Wattenberg Asset in Colorado, and are the second and third wells of a three well-pad drilling program.
Pedevco Begins Ops at Three-Well Wattenberg Project; Talks Well Cost
September 08,2014
These three new wells will be the Company's first wells to be drilled and completed by the Company as operator following its recent acquisition of the Wattenberg Asset.
Pedevco Planning 79 HZ Wells at New Wattenberg Asset
June 18,2014
With these approvals now in hand, today the Company also announced its plans to commence its initial drilling operations in mid-August 2014.
PEDEVCO Completes 4 of 16 Wattenberg Wells in 1Q 2014
May 02,2014
Approximately 16 total wells during 2014 with 11 in the Wattenberg and 2 in its Niobrara Asset in 2014.
Pedevco Unveils Drilling Plans for Wattenberg Extension Area
April 02,2014
PEDEVCO Corp. d/b/a Pacific Energy Development plans to participate in the drilling of its first four wells in the Wattenberg Extension Area acreage it acquired last month.
Pedevco Reports Drilling of Two Niobrara Wells
July 02,2013
The Company currently has three producing wells on its Niobrara asset which covers an area of 10,224 gross acres in Weld and Morgan Counties, Colorado.