PEDEVCO Announces Appointment of John K. Howie to Board of Directors

Rhea-AI Summary

PEDEVCO Corp. (NYSE American: PED) has appointed John K. Howie to its Board of Directors effective July 7, 2025. Howie will also serve as a member of the company's Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.

Howie brings over 40 years of experience in oil and gas engineering, management, and finance. His notable positions include serving as President of Tellurian Production Company, CEO of Impact Natural Resources, and co-founder of Parallel Resource Partners. He previously held positions as Head of E&P Capital at Goldman Sachs and Vice President at Encap Investments. As a Registered Professional Engineer in Texas, his expertise is expected to provide valuable guidance for PEDEVCO's management team.

Positive

• Appointment of highly experienced executive with 40+ years in oil and gas industry
• Addition of member with strong financial background (Goldman Sachs, private equity experience)
• Strengthening of board expertise with Registered Professional Engineer credentials
• Enhanced oversight with new member joining multiple key committees

Negative

• None.

HOUSTON, TX / ACCESS Newswire / July 8, 2025 / PEDEVCO Corp. (NYSE American: PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced that, effective July 7, 2025, the Company appointed John K. Howie to the Company's Board of Directors and as a member of the Company's Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.

Mr. J. Douglas Schick, President and Chief Executive Officer of the Company, commented, "Mr. Howie brings over 40 years of experience in oil and gas engineering, management, and finance. In his distinguished multifaceted career, he has held numerous executive roles, served as a principal investor, and founded several companies. Mr. Howie served as President of Tellurian Production Company, he founded and served as Chief Executive Officer of Houston-based E&P company Impact Natural Resources, and he co-founded Parallel Resource Partners, an energy focused private equity firm. Earlier in his career he was the Head of E&P Capital at Goldman, Sachs and a Vice President at Encap Investments. We believe John's deep financial and industry experience, as well as his knowledge as a Registered Professional Engineer in Texas, will provide a sounding board for Company management and serve as an invaluable resource as we continue to execute on our strategy."

Mr. Howie added, "I am honored to join the Company's Board and look forward to working with Doug and his team as they continue to execute upon the Company's growth plans. PEDEVCO affords investors a pristine balance sheet, an excellent management team and a track record of value creation."

CONTACT:

PEDEVCO Corp.
(713) 221-1768
PR@pedevco.com

SOURCE: PEDEVCO Corp.

View the original press release on ACCESS Newswire

FAQ

Who is John K. Howie and what is his new role at PEDEVCO (NYSE: PED)?

John K. Howie has been appointed to PEDEVCO's Board of Directors and will serve on the Audit, Compensation, and Nominating and Corporate Governance Committees, effective July 7, 2025. He brings over 40 years of experience in oil and gas engineering, management, and finance.

What is John K. Howie's professional background before joining PEDEVCO's board?

Howie served as President of Tellurian Production Company, CEO of Impact Natural Resources, co-founder of Parallel Resource Partners, Head of E&P Capital at Goldman Sachs, and Vice President at Encap Investments. He is also a Registered Professional Engineer in Texas.

How will John K. Howie's appointment benefit PEDEVCO (PED)?

His deep financial and industry experience, combined with his engineering expertise, will provide valuable guidance for company management and serve as a resource for executing PEDEVCO's growth strategy.

What committees will John K. Howie serve on at PEDEVCO?

Howie will serve as a member of three committees: the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.