6 Jan 2014securities registration● Neutral
PEDEVCO CORP amended a filing by which it filed notice of an exempt private placement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 Dec 2013material agreement▲ GoodMajor
MIE Jurassic Energy Corporation sold half its Eagle Ford shale stake (held through the 50/50 White Hawk Petroleum joint venture) to Millennial PDP Fund IV and withdrew from White Hawk entirely, leaving PEDEVCO as 100% owner of White Hawk - PEDEVCO's own economic interest in the Eagle Ford assets is unchanged, but MIE's role there ends even as the two remain partners elsewhere (Condor, Niobrara financing).
18 Dec 2013capital raising announcement▼ Bad
Amended its $4 million Bridge Notes to extend maturity to July 2014 at a higher 12% rate, with partial principal repayment and deferral by the note holders — CEO Frank Ingriselli and EVP Clark Moore both personally deferred portions of their own notes alongside outside investors.
10 Dec 2013material agreement▲ GoodMajor
PEDEVCO raised about $6.4 million in net proceeds through a registered underwritten offering of 3.25 million shares at $2.25/share with National Securities Corporation - fresh capital arriving right after the Kazakhstan and Kansas Mississippian Lime commitments.
10 Dec 2013securities registration● Neutral
PEDEVCO CORP filed a prospectus supplement for an offering off its existing shelf.
2 Dec 2013securities registration● Neutral
PEDEVCO CORP filed a prospectus supplement for an offering off its existing shelf.
2 Dec 2013securities registration● Neutral
PEDEVCO CORP filed a prospectus supplement for an offering off its existing shelf.
14 Nov 2013quarterly activities report▼ Bad
PEDEVCO CORP reported a quarterly net loss of $2.1 million for the period ended 2013-09-30.
23 Oct 2013securities registration● Neutral
PEDEVCO CORP registered a securities offering with the SEC using its shelf eligibility.
16 Sept 2013debt financing▲ GoodMajor
PEDEVCO agreed to buy 51% of Asia Sixth Energy Resources, a British Virgin Islands company that holds 60% of Aral Petroleum Capital in Kazakhstan - a producing oil & gas license covering roughly 380,000 acres in the Aktobe region, good through 2035 - paying an $8 million initial deposit with another $10 million due once a related $10 million note from Yao Hang Finance is collected. A major international expansion beyond PEDEVCO's US onshore assets.
9 Sept 2013listing compliance notice▲ GoodMajor
the New York Stock Exchange certified PEDEVCO CORP's securities for listing, clearing them to begin trading.
21 Aug 2013quarterly activities report▼ Bad
PEDEVCO CORP reported a quarterly net loss of $2.4 million for the period ended 2013-06-30.
14 Aug 2013quarterly activities report▼ Bad
PEDEVCO CORP reported a quarterly net loss of $2.4 million for the period ended 2013-06-30.
14 Aug 2013quarterly activities report▼ Bad
PEDEVCO CORP reported a quarterly net loss of $2.4 million for the period ended 2013-06-30.
13 Aug 2013capital raising announcement▲ GoodMajor
Raised $22 million in a private placement at $3.00/share — $20 million from Yao Hang Finance (Hong Kong) Limited and $2 million from another investor — earmarked for asset development, debt repayment, an NYSE MKT uplisting, and up to $20 million toward a prospective Asian (Kazakhstan) oil and gas acquisition.
13 Aug 2013substantial holder notice● Neutral
Michael L. Peterson reported a PEDEVCO CORP shareholding of 1,175,348 shares (5.10% of votes) in a periodic institutional filing.
13 Aug 2013substantial holder notice● Neutral
Frank C. Ingriselli, Global Venture Investments LLC reported a PEDEVCO CORP shareholding of 1,956,541 shares (8.50% of votes) in a periodic institutional filing.
13 Aug 2013substantial holder notice● Neutral
Clark R. Moore reported a PEDEVCO CORP shareholding of 1,152,289 shares (5.10% of votes) in a periodic institutional filing.
23 July 2013securities registration● Neutral
PEDEVCO CORP filed notice of an exempt private placement.
15 July 2013debt financing▲ GoodMajor
PEDEVCO and MIE Jurassic Energy Corporation amended their $5 million credit line, pushing the maturity out from December 2013 to August 2014, dropping the requirement that a $10 million financing round trigger repayment, and raising the available credit to $6.5 million - more breathing room as the company funds its growing asset base.
10 July 2013securities registration● Neutral
PEDEVCO CORP filed notice of an exempt private placement.
9 July 2013listing compliance notice▼ Bad
PEDEVCO CORP withdrew a registration statement, abandoning the offering it covered.
20 May 2013quarterly activities report▼ Bad
PEDEVCO CORP reported a quarterly net loss of $1.5 million for the period ended 2013-03-31.
15 May 2013late filing notice▼ Bad
PEDEVCO CORP notified the SEC that its quarterly report would be filed late.
10 May 2013securities registration● Neutral
PEDEVCO CORP amended a filing by which it registered a securities offering with the SEC.
8 May 2013securities registration● Neutral
PEDEVCO CORP amended a filing by which it registered a securities offering with the SEC.
25 Apr 2013securities registration● Neutral
PEDEVCO CORP amended a filing by which it registered a securities offering with the SEC.
23 Apr 2013financial restatement▼ BadMajor
Restated Q3 2012 financials a second time: a related-party preferred stock subscription had been misclassified, understating loss on settlement by $139,874, and redeemable preferred stock had been wrongly booked as permanent equity — accounting-control weaknesses recurring within months of the PEDCO merger.
18 Apr 2013quarterly activities report▼ Bad
PEDEVCO CORP reported a quarterly net loss of $1.5 million for the period ended 2013-03-31.
15 Apr 2013securities registration● Neutral
PEDEVCO CORP filed notice of an exempt private placement.