Blockchain Registration Transaction Record

PEDEVCO Merges with Juniper Capital in Major Energy Sector Deal

PEDEVCO merges with Juniper Capital, adding DJ & Powder River Basin assets. $35M private placement creates combined entity with $87M debt, advancing Rockies growth strategy.

This merger creates a substantially larger energy entity with enhanced operational scale and financial resources, potentially increasing production capabilities and shareholder value. For investors, it represents a significant consolidation play in the energy sector that could drive improved operational efficiencies and competitive positioning in key Rocky Mountain basins. The transaction also demonstrates ongoing consolidation trends in the energy industry as companies seek scale to better navigate market volatility and capitalize on development opportunities in strategic resource plays.