PEDEVCO CORP. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by PEDEVCO CORP. on March 11, 2019. The filing serves as a Regulation FD disclosure regarding the Company's upcoming participation in the 31st Annual ROTH Conference scheduled for March 18 and 19, 2019, in Laguna Niguel, California.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses on the disclosure of a reserve report rather than current period financial statements.
Material Changes and Disclosures
- Reserve Report: The Company filed a reserve report dated February 28, 2019, prepared by Cawley, Gillespie & Associates, Inc. This report details proved oil and gas reserves estimates and future net revenue for properties in Colorado and New Mexico as of December 31, 2018.
- Conference Participation: The Company issued a press release and a presentation (Exhibits 99.1 and 99.2) to be presented at the ROTH Conference.
Guidance, Outlook, and Risks
The filing does not contain explicit forward-looking guidance, management commentary on future performance, or a discussion of risks and contingencies within the main text. The outlook is implied through the presentation of updated reserve estimates for the ROTH Conference.
Investor Verification Checklist
- Review Exhibit 99.3 (Reserve Report) for specific proved oil and gas reserve volumes and future net revenue figures as of December 31, 2018.
- Examine Exhibit 99.2 (Company Presentation) for management's strategic outlook and operational plans discussed at the ROTH Conference.
- Verify the consent of Cawley, Gillespie & Associates, Inc. (Exhibit 23.1) regarding the reserve estimates.
- Check subsequent filings for actual financial results, as this 8-K does not report quarterly or annual financial performance metrics.