PEDEVCO has significantly increased its oil production from 1,000 to over 6,000 barrels of oil equivalent per day following a major investment and asset acquisition by Juniper Capital Advisors. This cash injection shifts the company from a cash-strapped position to a growth-focused strategy emphasizing acquisitions and operational efficiency. Additionally, a recent 1-for-20 reverse stock split aims to attract institutional investors. Juniper Capital Advisors brings a strong, experienced major shareholder to support PEDEVCO's future expansion.
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