Pacific Energy Development to Present, Live, at "The Shale Revolution" Virtual Investor Conference on July 11th

NEW YORK, July 10, 2013 /PRNewswire/ -- PEDEVCO Corp. (dba Pacific Energy Development) (OTCBB:PEDO) an energy company focusing on shale oil and gas development and production in the United States and Asia, today announced that Frank C. Ingriselli, President & CEO, will present at RetailInvestorConferences.com.

This will be a live, interactive online event where investors are invited to ask the company questions in real-time - both in the presentation hall as well as the company's "virtual trade booth." If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.

It is recommended that investors pre-register to save time and receive event updates.

About PEDEVCO Corp. (d/b/a Pacific Energy Development)

Pacific Energy Development (OTCBB:PEDO) is engaged in the acquisition and development of strategic, high growth energy projects, including shale oil and gas assets, in the U.S. and Asia.   The company's principal assets include its Niobrara asset located in the DJ Basin in Colorado, its Eagle Ford asset in McMullen County, Texas and its newly acquired Mississippian asset in Kansas. 

The Company's CEO and President, Frank C. Ingriselli, spent 23 years at Texaco in diverse senior executive positions, including serving as the President of Texaco International Operations.  Mr. Ingriselli led Texaco's global initiatives in exploration and development in key new countries at that time, including China and Russia. Among Mr. Ingriselli's achievements at Texaco was the negotiation and signing of the first successful international oil contract in China in 1983.

Pacific Energy Development's strategic alliance includes MIE Holdings Corporation (1555.HK).  MIE is currently one of the largest non-state-owned upstream oil and gas companies in China, with operations in China, Kazakhstan and the U.S.   In China, MIE operates three oilfields in the Songliao Basin under production sharing contracts with PetroChina.

Pacific Energy Development's technical and operating team members are among the first wave of technical personnel who have developed and implemented horizontal drilling and hydraulic fracturing technology in the United States.  They include some of the key players who have helped push forward the boom in U.S. shale development while previously working with majors, including Chevron, Shell, and Rosetta Resources.  The Company's technical and operating team has participated in over 500 different horizontal shale well operations, including key resource plays in the Eagle Ford, Austin Chalk, Bakken, Wilcox, Clearfork, Bone Springs, and Niobrara formations.  They have led significant acquisition and divestiture efforts and have completed over $350 million worth of deals for other key shale players covering multiple areas such as the Mid-Continental, Gulf Coast, Gulf Coast Shelf, West Coast, and Rockies.  

About RetailInvestorConferences.com
Since 2010, RetailInvestorConferences.com has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with retail investors using a graphically-enhanced online platform.

Designed to replicate the look and feel of location-based investor conferences, Retail Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.

SOURCE Pacific Energy Development