May 12, 2015

PEDEVCO Corp., d/b/a Pacific Energy Development (NYSE MKT: PED), a publicly-traded energy company engaged in the acquisition and development of strategic, high growth energy projects, including shale oil and gas assets, in the United States, announced that it intends to offer, subject to market and other conditions, newly issued shares of its common stock (the “Offering”) in an underwritten public

Breitling Energy Corporation (BECC) (the “Company”) announces the start of the drilling phase of the Steller Energy Cole #1 in northwestern Sterling County, Texas.   The proposed 8100-foot vertical well is scheduled to spud today in search of oil zones in the Wolfcamp lime and Cisco-Canyon sands.  The well is offsetting the Marathon #1 Cole that was completed in the Lower

EIV Capital announced today the completion of its $40 million investment commitment to form Woodland Midstream, LLC (“Woodland”), an independent natural gas midstream company. The investment will fund the build-out and acquisition of natural gas pipeline and processing infrastructure throughout the eastern region of Texas and bordering states. Woodland plans to leverage its management’s successful track record in operating, commercializing and

Petróleo Brasileiro S.A. – Petrobras announces that today R$ 157 million (about US$52 million) in funds repatriated by Brazil’s Federal Prosecutor as a result of Operation Lava Jato were made available for the Company. This is the first reimbursement of funds to the company. The funds were repatriated under a joint operation carried out by Brazil’s Federal Prosecutor, Federal Police,

Carrizo Oil & Gas, Inc. (CRZO) today announced a farm-out agreement in the Delaware Basin and plans to begin an operated drilling program later this year. Delaware Basin Update Carrizo recently signed a farm-out agreement with a larger operator providing it the right to earn approximately 2,800 net acres in eastern Culberson County. This brings the Company’s acreage position in

Story by the Dallas Morning News The day after the most powerful earthquake recorded in North Texas, the Texas Railroad Commission announced it will require operators of five wastewater wells to perform tests to help determine whether there is a link between well activity and earthquakes. The wells are within 100 square miles of the the estimated epicenter of Thursday’s

Basic Energy Services, Inc. (BAS) (“Basic”) today reported selected operating data for the month of April 2015.  Basic’s well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 50,700 producing a rig utilization rate of 50%, compared to 55% and 70% in March 2015 and April 2014, respectively. During the month, Basic’s fluid service

Verizon Wireless press release Taking another significant step in building digital and video platforms to drive future growth, Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the signing of an agreement to purchase AOL Inc. (NYSE: AOL) for $50 per share — an estimated total value of approximately $4.4 billion. Verizon’s acquisition further drives its LTE wireless video and OTT