PEDEVCO (PED) provided an operational update on the completion of drilling of four gross new horizontal San Andres wells in its core Chaveroo Field in the Permian Basin. The wells were all drilled on time and under budget. The Company plans to complete the wells in early Q2 2025, with first production anticipated to commence in mid-Q2 2025.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PED: