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.
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Pedevco buys net acres in Wyoming for $5.9M
Pedevco (PED) bought net acres in Wyoming for $5.9M, or $1,045 per net acre.