PEDEVCO

PEDEVCO Corp. is an exploration and production company, which engages in the acquisition and development of oil and natural gas assets. The company is headquartered in Houston, Texas and currently employs 25 full-time employees. The company went IPO on 2003-05-02. The firm is a Rockies-focused operator with over 328,000 net acres. The firm's principal assets are its D-J Basin Asset located in the D-J Basin in Weld and Morgan Counties, Colorado and Southeastern Wyoming, and its San Andres Asset located in the Northwest Shelf of the Permian Basin in eastern New Mexico. The firm owns substantial oil-weighted producing assets and significant leasehold interests with future drilling inventory located in the Northern DJ and Powder River Basins. The company has approximately 14,105 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico. The company has approximately 17,830 net D-J Basin acres located in Weld and Morgan Counties, Colorado, and Laramie County, Wyoming, through its wholly owned subsidiary, PRH Holdings LLC, and which are operated by its wholly owned operating subsidiary, Red Hawk Petroleum, LLC.