Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 166

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 166
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 The reserve report is incorporated herein by reference to Exhibit 99.1 of the Annual Report on Form 10-K which these financial statements are filed with.

  December 31,     2024  2023 Crude Oil (MBbls)       Net proved reserves at beginning of year  11,358   11,611 Revisions of previous estimates  (2,638)  506 Purchases in place  2,566   - Extensions, discoveries and other additions  -   - Sales in place  (54)  (384)Production  (439)  (375)Net proved reserves at end of year  10,793   11,358          Natural Gas (Mmcf)         Net proved reserves at beginning of year  19,885   16,379 Revisions of previous estimates  (2,090)  4,260 Purchases in place  6,281   - Extensions, discoveries and other additions  -   - Sales in place  (154)  (323)Production  (506)  (431)Net proved reserves at end of year  23,416   19,885          NGL (MBbbls)         Net proved reserves at beginning of year  2,374   1,796 Revisions of previous estimates  225   630 Purchases in place  929   - Extensions, discoveries and other additions  -   - Sales in place  (62)  - Production  (19)  (52)Net proved reserves at end of year  3,447   2,374          Oil Equivalents (MBoe)         Net proved reserves at beginning of year  17,046   16,137 Revisions of previous estimates  (2,762)  1,846 Purchases in place  4,542   - Extensions, discoveries and other additions  -   - Sales in place  (142)  (438)Production  (542)  (499)Net proved reserves at end of year  18,142   17,046 

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