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Pacific Energy Development Announces Participation in Seven New Wattenberg Wells

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DANVILLE, CA–(Marketwired – June 22, 2015) – PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE MKT: PED) (the “Company”) announced today that it has recently elected to participate for its full 25% working interest in seven horizontal wells planned to be drilled and completed by a third party operator in the Wattenberg Area of Weld County, Colorado, which wells are expected to commence drilling in June 2015. These horizontal wells will be located in the same area that the three Pronghorn wells operated by Bonanza Creek are located, in which wells the Company also …read more

Read more here:: http://www.marketwired.com/mw/release.do?id=2031745&sourceType=3

      

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