Pedevco Corp. (PED): Good news - Bad News Good news ----...

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Pedevco Corp. (PED)

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Tuesday, 06/12/2012 1:22:50 PM

Tuesday, June 12, 2012 1:22:50 PM

Good news - Bad News

Good news ----
From Pacific Energy Development Web Site

The Eagle Ford shale formation is the leading resource play in the U.S. Pacific Energy Development's Eagle Ford asset covers an area of 1,651 acres in the Leighton Field in McMullen County, Texas. It is located at the Eagle Ford condensate window, where two wells have already been drilled and are currently producing.

The first Eagle Ford well, Tyler Ranch EFS #1H had an initial production (IP) rate of 1,202 bodp and 752 mcfpd.

The second Eagle Ford well, Tyler Ranch EFS #2H, is located immediately to the north of Tyler Ranch #1H. The well had an initial flow rate of 1,488 bopd and 700 mcfpd.

The third well, Peeler 1H, has started drilling in May 2012 and is scheduled to be fracced in early July prior to being production tested.

The bad news-----
PED only has 8% working interest.

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Recent PED News

Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:45:51 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:31:07 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 10:22:35 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:30 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:28 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:24 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 09:31:21 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 09:30:51 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:51:22 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:44:06 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 11:11:06 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 02:03:38 AM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 01:55:39 AM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/24/2024 01:47:55 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 11:21:09 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 11:21:04 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 11:21:01 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/19/2024 09:32:13 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/19/2024 09:26:18 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/19/2024 09:20:03 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 09:31:04 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 10:21:39 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/14/2023 01:00:19 AM
Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 10:48:06 AM
Evolution Petroleum and PEDEVCO Enter into Strategic Partnership to Jointly Develop PEDEVCO’s Chaveroo Field in the Permian Basin • GlobeNewswire Inc. • 09/13/2023 10:45:00 AM

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