PEDEVCO drills 4 new horizontal wells in Permian Basin Chaveroo Field; first production mid-Q2 2025

PEDEVCO CORP

Four gross (two net) horizontal San Andres wells drilled on time and under budget at core Chaveroo Field in Permian Basin.
Completion operations planned for early Q2 2025; first oil anticipated to commence in mid-Q2 2025.
Press release provides operational update only; no changes to guidance or reserves were announced.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.