---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-004707"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:31:49.969253+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO reports three new San Andres wells in Permian with peak 300-375 BOEPD each

## Summary
- Three horizontal San Andres wells drilled Q4 2023, completed Jan 2024; first production late Jan/early Feb 2024.
- All three wells peaked at ~300-375 gross BOEPD per well (~80% oil) in late February.
- Current average production over last 30 days exceeds 750 BOEPD gross, with shallower-than-expected declines.
- Partner Evolution Petroleum farmed-in for 50% WI in these wells; next development phase being planned.
- Agreement covers ~16,000 gross acres in Chaveroo Field, New Mexico; PEDEVCO remains operator.

## SEC filing metadata
- accession: 0001654954-24-004707
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495424004707/0001654954-24-004707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495424004707/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-004707
- JSON: https://secwatch.observer/filing/0001654954-24-004707.json
- Plain text: https://secwatch.observer/filing/0001654954-24-004707.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.