Pedevco (PED) has released an update.
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PEDEVCO Corp. has announced the green light from the Colorado Energy and Carbon Management Commission for its ambitious D-J Basin Roth 2-11 Oil and Gas Development Plan, which envisions drilling up to 11 horizontal Niobrara wells. This significant step forward for the company also comes with an update on its operations, indicating progress and potential growth for investors tracking energy sector developments.
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For a comprehensive understanding of the announcement, you can read the full document here.