---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-002573"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2025-03-11T23:59:59+00:00"
generated_at: "2026-05-24T23:14:29.255366+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-25-002573
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2025-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495425002573/0001654954-25-002573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495425002573/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-002573
- JSON: https://secwatch.observer/filing/0001654954-25-002573.json
- Plain text: https://secwatch.observer/filing/0001654954-25-002573.txt

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