PEDEVCO Reports 32.1 MMBoe Reserves, $357.7M PV-10 and $674.8M Cash Flow

PEDPED

PEDEVCO’s year-end 2025 proved reserves total 32.12 MMBoe across Wyoming, Colorado and New Mexico, with PV-10 value of $357.7 million and estimated future net cash flows of $674.8 million. Developed reserves account for 16.38 MMBoe (51%) and drilling inventory includes 71 horizontal Niobrara, Codell and San Andres locations.

1. Year-End 2025 Reserves Summary

PEDEVCO’s total proved reserves at December 31, 2025 were 22.99 MMBbl of oil, 28.78 Bcf of natural gas and 4.34 MMBbl of NGLs, for a combined total of 32.12 MMBoe across Wyoming, Colorado and New Mexico.

2. PV-10 Value and Cash Flow Projections

Estimated future net cash flows before federal income taxes from total proved reserves are $674.8 million, with a PV-10 of $357.7 million. Of that PV-10 value, $257.4 million (72%) is attributable to proved developed reserves, highlighting a strong pre-tax discounted cash flow profile.

3. Development Inventory and Locations

Proved undeveloped reserves include 71 horizontal drilling locations: 49 in Colorado’s Niobrara formation, 17 in Wyoming’s Codell formation and five in New Mexico’s San Andres formation. There are also 11 proved developed non-producing locations representing completed wells with capital costs fully paid.

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