Source: www.gulfoilandgas.com 3/11/2025, Location: North America
PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") provided an operational update today on the completion of drilling of four gross (two net) new horizontal San Andres wells in its core Chaveroo Field in the Permian Basin. The wells were all drilled on time and under budget. The Company plans to complete the wells in early Q2 2025, with first production anticipated to commence in mid-Q2 2025.
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