Company Overview

PEDEVCO Corp. is a U.S.-based energy company focused on the acquisition, development, and production of oil and natural gas assets. The company operates primarily in the upstream energy sector and is publicly traded on the NYSE American under the ticker PED. Its core activities involve the exploration and production of hydrocarbons from onshore U.S. basins, with a concentration on conventional and unconventional resource plays. Revenue is generated primarily through the sale of crude oil, natural gas, and natural gas liquids produced from operated and non-operated wells.

The company’s principal operating focus has evolved toward low-cost, resource-rich acreage positions in the D-J Basin in Colorado and Wyoming and oil-focused assets in Texas. Historically, PEDEVCO pursued international and diversified energy opportunities, including ventures tied to Chinese energy markets and extractive technologies, but over time the company transitioned into a more concentrated domestic upstream operator. Its strategy emphasizes disciplined capital allocation, reserve growth, and operational efficiency through selective acquisitions and development partnerships.

Business Operations

PEDEVCO conducts its operations primarily through its oil and gas development subsidiaries and asset-holding entities. Its business is organized around upstream exploration and production activities, with key operating areas including the D-J Basin and Permian-related assets in Texas. The company generates revenue through hydrocarbon production volumes and participation in drilling programs, including operated and non-operated working interests. Public filings indicate that PEDEVCO has historically relied on strategic joint development arrangements and technical operating partnerships to expand production while managing capital expenditures.

Domestic operations account for substantially all of the company’s business activity, with assets and production concentrated in the United States. The company controls leasehold acreage, mineral interests, and production infrastructure associated with its operated properties. PEDEVCO has also utilized reserve acquisitions and acreage consolidation to strengthen its operating footprint. While the company previously maintained exposure to international ventures, including projects associated with Asian energy markets, recent filings and investor disclosures indicate its operational emphasis is now overwhelmingly U.S.-focused.

Strategic Position & Investments

PEDEVCO’s strategic direction centers on expanding production and reserves through targeted acquisitions, horizontal drilling development, and operational optimization in established hydrocarbon basins. The company has emphasized growth opportunities in the Niobrara and Codell formations within the D-J Basin, where it seeks to benefit from established infrastructure, favorable well economics, and proximity to major energy markets. Management has also highlighted maintaining balance sheet flexibility and pursuing accretive acquisitions as part of its long-term strategy.

In recent years, PEDEVCO has completed acquisitions designed to increase acreage exposure and proved reserves, including transactions involving producing assets and undeveloped drilling inventory. The company has invested in development programs alongside industry operators and service providers to accelerate production growth while limiting infrastructure risk. Public disclosures also indicate ongoing evaluation of emerging technologies and enhanced drilling techniques applicable to unconventional oil and gas development. Data inconclusive based on available public sources regarding material investments in non-hydrocarbon energy technologies.

Geographic Footprint

PEDEVCO’s operations are concentrated in the United States, with primary activity in Colorado, Wyoming, and Texas. The company is headquartered in Houston, Texas, which serves as its corporate and operational management center. Its strongest operational presence is in the Denver-Julesburg Basin, where the company holds acreage positions and participates in drilling and production activities targeting shale and tight oil formations.

Historically, PEDEVCO maintained international business interests connected to Asian energy ventures, particularly in China, through prior corporate structures and investment initiatives. However, current operational disclosures and regulatory filings indicate that the company’s active producing asset base and revenue generation are predominantly domestic. Its market exposure is therefore largely tied to North American oil and gas pricing dynamics and U.S. upstream energy development trends.

Leadership & Governance

PEDEVCO is governed by a board of directors and executive leadership team with experience in upstream energy operations, finance, and corporate development. The company’s leadership strategy has focused on disciplined growth, reserve expansion, and shareholder value creation through selective acquisitions and operational execution. Corporate governance practices are outlined in the company’s public filings, including annual reports and proxy statements filed with the SEC.

Key executives include:

• John D. Schick – Chief Executive Officer and President
• Moody Royden – Chief Financial Officer
• Michael L. Peterson – Executive Vice President and Chief Corporate Development Officer
• Dr. Timothy E. Stabosz – Chairman of the Board

The company’s leadership has consistently emphasized operational efficiency, strategic acreage accumulation, and prudent capital deployment in communications with investors and in SEC filings, including annual reports on Form 10-K and quarterly reports on Form 10-Q.