PEDEVCO Provides Permian Basin Operational Update
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PEDEVCO Corp. announced the successful completion of drilling four new horizontal San Andres wells in the Permian Basin's Chaveroo Field, achieving this on time and under budget.
March 11, 2025 | 12:30 pm
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PEDEVCO Corp. successfully completed drilling four new wells in the Permian Basin, achieving this on time and under budget, which is a positive operational update.
The successful and cost-effective completion of new wells is a positive operational achievement for PEDEVCO, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100