PEDEVCO buys 5,678 net acres in Wyoming for $5.9M
PEDEVCO acquired about 5,678 net acres in Wyoming’s Mowry formation for roughly $5.9M ($1,045 per net acre), funded with cash on hand. BLM leases have a 10-year primary term.
9M, or $1,045 per net acre, using cash on hand. The BLM leases have a 10-year primary term.