PEDEVCO CORP — Director's Dealing 2011

May 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLAST ENERGY SERVICES, INC. (BESV.OB)
CIK: 0001141197
Period of Report: 2011-02-01

Reporting Person: MacDonald John A (CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-01	Stock Options	$0.09	A	300000	Acquired	2021-02-01	Common Stock (300000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	193450	Direct

Footnotes

F1: Issued in consideration for services rendered.