Company Profile for Pacific Energy Development (PEDEVCO Corp.)

Pacific Energy Development (PEDEVCO Corp.) (NYSE: PED) is engaged in the acquisition and development of strategic, high growth energy projects, including shale assets and conventional oil and gas assets, in the U.S. and Asia. The Company’s principal assets include its Niobrara producing asset located in the DJ Basin in Colorado, its Eagle Ford producing asset in McMullen County, Texas, its North Sugar Valley producing asset located in Matagorda County, Texas, and the Mississippian asset located in Comanche, Harper, Barber and Kiowa Counties, Kansas.

Pacific Energy Development’s management team has long experience in the international oil and gas industry, including the former President of Texaco International Operations. This team was responsible for the first successful international oil venture in China over 30 years ago. Pacific Energy Development’s strategic alliances and investors include MIE Holdings Corporation (HK:1555), one of the largest non-state-owned upstream oil and gas companies in China.

Pacific Energy Development is headquartered in Danville, California, with offices in Houston, Texas and Beijing, China. For more information, please visit www.PacificEnergyDevelopment.com.