Brief: PEDEVCO Provides Status Update Regarding Letter Delivered To Sandridge Permian Trust

PEDEVCO

27/08/2020 20:48

Aug 27 (Reuters) - PEDEVCO Corp  PED.A :
    * PEDEVCO PROVIDES STATUS UPDATE REGARDING OPEN LETTER
DELIVERED
TO SANDRIDGE PERMIAN TRUST, ITS UNIT HOLDERS, AND OPERATOR OF
ITS ASSETS
    * PEDEVCO CORP - TRUSTEE OF THE SANDRIDGE PERMIAN TRUST
DECLINED
TO ENTER INTO DISCUSSIONS WITH CO REGARDING  PROPOSED
TRANSACTIONS
    * PEDEVCO CORP -  TRUSTEE HAS STATED IT HAS NO AUTHORITY TO
ENTER
ARRANGEMENT WITH CO OR TO NEGOTIATE SUCH ARRANGEMENT
    * PEDEVCO CORP - CONTINUED TO REQUEST THAT THE TRUSTEE
ENGAGE IN
DISCUSSIONS WITH THE COMPANY REGARDING ITS INDICATION OF
INTEREST
    * PEDEVCO CORP - PLANS TO ATTEMPT TO ENGAGE IN DIRECT
DISCUSSIONS
WITH AVALON AND MONTARE REGARDING CO'S PRIOR INDICATION OF
INTEREST

Source text: (‍http://www.sec.gov/archives/edgar/data/1141197/000165495420009562/0001654954-20-009562-index.htm
​)
Further company coverage:  PED.A 

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