Pacific Energy Development (PEDEVCO Corp.) Email Format
Oil & EnergyCalifornia, United States11-50 Employees
Pacific Energy Development, publicly traded on the NYSE MKT as PED, pursues the acquisition and development of strategic energy projects in the United States, with a focus on shale oil and gas assets. Its principal asset is located in the Denver Julesburg Basin, spanning Weld and Morgan Counties in Colorado. The company is headquartered in Danville, California, and maintains an operations office in Houston, Texas. In the oil and gas sector, it centers its activities on expanding its asset base through strategic acquisitions and development across the United States. In January 2014, the company announced an agreement to acquire 28,727 net acres in the Niobrara Shale Formation.