---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-012550"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:02:19.473530+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO enters 5-year participation agreement to develop 10,750 acres in D-J Basin

## Summary
- PEDEVCO will hold 30% interest in ~16,900 gross acre AMI; Operator holds 70%.
- Minimum 5 horizontal Niobrara wells per year for 5 years in SW Pony Prospect, Weld County, CO.
- Acquired ~27.9% working interest in 6 new wells drilled Q3 2024, adding immediate production.
- AMI covers ~16% of PEDEVCO's D-J Basin acreage; excludes existing permitted operated acreage.
- Operator is a large private equity-backed D-J Basin E&P company with extensive experience.

## SEC filing metadata
- accession: 0001654954-24-012550
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495424012550/0001654954-24-012550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495424012550/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-012550
- JSON: https://secwatch.observer/filing/0001654954-24-012550.json
- Plain text: https://secwatch.observer/filing/0001654954-24-012550.txt

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