---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-008401"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2026-09-16T12:01:00+00:00"
generated_at: "2026-09-16T12:05:08.405342+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO acquires 5,678 Wyoming net acres for $5.9M, nearly doubling Mowry position

## Summary
- Acquired ~5,678 net acres in BLM Wyoming lease sale for ~$5.9M ($1,045/net acre), funded with cash on hand.
- Expands Mowry Shale holdings in Powder River Basin to ~12,000 net acres; 10-year lease terms and 12.5% royalty.
- Nearby horizontal Mowry wells averaged ~1,400 Boe/d peak month, supporting development potential.
- CEO Schick cites strategic fit, disciplined cost basis, and flexibility for a scalable drilling program.

## SEC filing metadata
- accession: 0001654954-26-008401
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2026-09-16T12:01:00+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495426008401/0001654954-26-008401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495426008401/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-008401
- JSON: https://secwatch.observer/filing/0001654954-26-008401.json
- Plain text: https://secwatch.observer/filing/0001654954-26-008401.txt

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