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PEDEVCO Corp. Acquires Acreage in Wyoming from BLM
PUBLIC · PEDSep 16, 2026•about 2 hours ago
Acquiring Company
PEDEVCO CORP
Acquired Company
Bureau of Land Management
HoustonColoradoEnergyOil And GasNon ProfitGovernment
Description
On September 16, 2026, PEDEVCO Corp. announced its acquisition of acreage in Wyoming during the Bureau of Land Management's lease sale held on September 9 and 10, 2026. This strategic move is part of the company's ongoing efforts to expand its operational footprint in the energy sector. The acquisition reflects PEDEVCO's commitment to leveraging new opportunities in resource development.
Company Information
Company
PEDEVCO CORP
Location
1250 Wood Branch Park Drive
Houston, Texas, United States
About
PEDEVCO CORP. is engaged primarily in the oil and gas industry, focusing on the exploration and production of hydrocarbons. The company operates in several geographical markets, with significant activities in Texas, where it is headquartered. PEDEVCO's key offerings include the development of oil and gas reserves and providing related services. As a relatively small company in this sector, it aims to leverage strategic acquisitions and investments to enhance its portfolio and operational capabilities. Recent developments highlight its focus on enhancing production efficiencies and expanding its holdings in promising regions.
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Predictive Intelligence
Strategic
ML-powered predictions for PEDEVCO CORP's next move
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired Bureau of Land Management?
Bureau of Land Management was acquired by PEDEVCO CORP, based in Houston. The deal was reported on September 16, 2026. PEDEVCO CORP. is engaged primarily in the oil and gas industry, focusing on the exploration and production of hydrocarbons. PEDEVCO CORP is publicly traded (PED) and operates in Energy.
When did PEDEVCO CORP acquire Bureau of Land Management?
PEDEVCO CORP's acquisition of Bureau of Land Management was reported on September 16, 2026. On September 16, 2026, PEDEVCO Corp. announced its acquisition of acreage in Wyoming during the Bureau of Land Management's lease sale held on September 9 and 10, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bureau of Land Management do?
The Bureau of Land Management (BLM) is an agency within the United States Department of the Interior responsible for managing public lands. It is privately held, operating in Non Profit, and is based in Colorado.
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