EX-99.1 2 ped_ex991.htm PRESS RELEASE ped_ex991.htm EXHIBIT 99.1 PEDEVCO Corp. Acquires 5,678 Net Acres in Wyoming BLM Lease Sale, Expanding Mowry Shale Position HOUSTON, TX, September 16, 2026 (GLOBE NEWSWIRE) - PEDEVCO Corp. (NYSE American: PED) (“PEDEVCO” or the “Company”), a domestic energy company engaged in the acquisition and development of strategic oil and gas assets in the Rocky Mountain region, today announced that it was the high bidder on multiple tracts in the Bureau of Land Management (“BLM”) competitive lease sale held September 9-10, 2026, acquiring approximately 5,678 net acres in Wyoming for approximately $5.9 million, or $1,045 per net acre in the highly prospective Mowry formation in the Powder River Basin. The acquisition was funded through cash on hand. Acquisition Highlights Prime Location: Expands PEDEVCO’s presence in a highly prospective area of the Powder River Basin targeting the emerging Mowry play in this area. Strategic Fit: Builds on the Company’s existing Mowry acreage, nearly doubling its position to approximately 12,000 net acres in this specific prospect area. Favorable Lease Terms: Ten-year lease terms and a 12.5% royalty rate pr…
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
PEDEVCO Corp.
PEDNYSE_AMERICANEQUITYCurrent
Regulation FD Disclosure
Item 7.01 . The information contained in this Current Report (and included in Exhibit 99.1 hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.…
Company context
PEDEVCO Corp. (NYSE American: PED) is a publicly traded energy company engaged in the acquisition and development of strategic oil and gas assets in the Rocky Mountain region. The Company’s principal assets include its D-J Basin assets in southeastern Wyoming and northern Colorado, its Powder River Basin assets in northeastern Wyoming, and its Permian Basin assets in eastern New Mexico, collectively representing over 300,000 net acres. PEDEVCO is headquartered in Houston, Texas. More information about PEDEVCO can be found at www.pedevco.com.
Current securities
Recent company filings
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsSep 21, 2026
- S-8 filingSep 15, 2026
- 424B3 filingSep 9, 2026
- EFFECT filingSep 8, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security HoldersAug 28, 2026