Pacific Energy Development Signs Acquisition Agreement With Dome Energy AB

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Pedevco Corp. (PED) to Acquire Dome Energy AB

May 22, 2015 8:42 AM EDT

Pedevco Corp. (NYSE: PED) confirms the press release issued today by Dome Energy AB announcing the companies entered into an Agreement and Plan of Reorganization. The Company will be issuing a formal press release and file a Form 8-K with the definitive documentation early next week.

NOTE: On February 24, 2015, Dome Energy issued the following press release:

Dome Energy AB is pleased to announce that it has entered into a Heads of Agreement with PEDEVCO Corp. d/b/a Pacific Energy Development for the proposed sale of Dome's entire US asset... More