PEDEVCO Corp. is a U.S. independent exploration & production (E&P) company engaged in acquiring, developing, and producing oil, natural gas, and natural gas liquids. The company aims to combine legacy conventional properties with modern techniques in drilling, completion, and field optimization.
Its principal assets are located in two core basins:
Permian Basin (San Andres formation, eastern New Mexico) — ~14,552 net Permian acres in Chaves and Roosevelt Counties.
D-J Basin / Denver-Julesburg Basin (Colorado, Wyoming) — ~19,453 net acres across Weld, Morgan, and Laramie Counties.
PEDEVCO emphasizes operating control where possible, aiming to act as operator on a majority of its acreage so it can manage development pace and capital discipline. It targets legacy conventional properties with established production history, leveraging existing infrastructure and applying modern completion and reservoir techniques to drive incremental growth.