Slide 1: Investor Presentation
Investor Presentation NYSE American: PED | August 2026
Slide 2: Disclaimers
Disclaimers Forward-Looking Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These for
Slide 3: PEDEVCO Investment Highlights
PEDEVCO Investment Highlights Scaled Rockies-focused footprint with ~6,500+ Boe/d production and Transformational Scale with 32 MMBoe proved reserves across >300K+ net acres Rockies focused DJ Basin + Powder River Basin with additional High-Quality Assets production and acreage in the Permian basin,
Slide 4: PED At-a-Glance
PED At-a-Glance >10 years inventory runway ~13.3MM $36.8MM Shares Outstanding (post-split) Adjusted EBITDA: 1st half of 2026 ~88% >300K ~6,800 Boe/d Liquids Commodity Mix Net Acres Net Production: Q2 2026 ~$73MM ~1.0x – 1.2x 32.1 MMBoe Net Debt (Q2 2026) Net Debt/EBITDA Proved Reserves $357.7MM ~$26
Slide 5: Q2'26 Financial Highlights
Q2’26 Financial Highlights Key Results Q2’26 Q2’26 Highlights Production Increased 348% YoY Average Daily Production 6,801 Boe/d • Production driven by 31 D-J Basin wells brought online late 2025 and full contribution from the acquired asset base Revenue Increased 561% YoY Revenue $46.1 $MM • Oil an
Slide 6: Premier Rockies Asset Base with Permian Optionality
Premier Rockies Asset Base with Permian Optionality DJ Basin (WY + Northern CO) Powder River Basin (WY) Permian Basin (NM) PED DJ Acreage Juniper PRB Acreage PED Permian Acreage Juniper DJ Acreage PRB Offset Operators Locations DJ Offset Operators WY NE WY CO • ~90K net acres • ~202K net acres • ~15
Slide 7: Reserves & Valuation Summary
Reserves & Valuation Summary Total Proved Reserves SEC Pricing 32.12 MMBoe $65.34/bbl $3.387/MMBtu Oil Gas 28.78 Bcf 22.99 MMBbl R/P Ratio 4.34 MMBbl ~10+ years at current production Oil Gas NGL PV-10 PV-10/Share (post-split) PUD ~$26.90 vs. current stock price — significant $100.3MM discount to res
Slide 8: Inventory Depth & Well Economics
Inventory Depth & Well Economics Total Identified Inventory • Deep inventory targeting multiple benches with breakeven sub $50/bbl >1,100 Play Formation Breakeven Oil Price ($/bbl)(1) Gross Locations DJ Basin Niobrara, Codell <$49 Powder Basin Sussex, Turner <$32 516 Permian Basin San Andres <$45 45
Slide 9: The Juniper Merger – Transformational Value Creation
The Juniper Merger – Transformational Value Creation Oil & Gas Production Proved Reserves Boe/d MMBoe +78% ~32 +5x ~6,500 ~18 ~1,500 Pre-Merger (Oct-25) Post-Merger (FY 2026 Forecast) Pre-Merger (Oct-25) Post-Merger (FY 2026 Forecast) Wells brought online in Q4 New equity capital committed at New RB
Slide 10: Cost Optimization & Synergy Realization
Cost Optimization & Synergy Realization(1) G&A Synergies LOE Optimization Timeline Impact ~$11-12MM ~$800K-$1MM G&A Synergies underway ~$3.50 Combined standalone Target savings per month LOE Optimization projects G&A/BOE reduction underway Savings through ~$8-9MM • Pump Conversions – lift Full run-r
Slide 11: Recent Well Results & Operational Highlights
• 2025 development program realized in early 2026 • All wells in progress at merger close are now online, development program exceeded expectations Recent Well • Commenced 2026 operated development program with completion of Wyoming D-J Basin DUC – First production early August Results & Operational
Slide 12: Rockies Consolidation Opportunity
Rockies Consolidation Opportunity(1) Rockies Asset Map PRB D-J Basin Net Acres: ~202,100 • Rocky Mountain basins remain highly fragmented with Powder River Total Net Prod. PED Acreage ~0.8 Mboepd* numerous small private operators • PED operational scale, RBL capacity, and public currency create comp
Slide 13: Investment Summary — Why PED
Investment Summary — Why PED Scale ~6,500+ Boe/d, 32 MMBoe proved reserves, $358MM PV-10 Quality 88% liquids, DJ Basin + PRB + Permian, multi-decade inventory Discipline Debt paydown first, LOE optimization underway, conservative CapEx Alignment 85%+ insider ownership; management economics = shareho
Slide 14: Appendix
Appendix
Slide 15: Aligned Management Team with Strong Industry Track Record
Aligned Management Team with Strong Industry Track Record J. Douglas Schick R.T. Dukes Jody Crook Robert Long PEDEVCO President & CEO Chief Operating Officer Chief Commercial Officer Chief Financial Officer • Over 25 years Oil & Gas industry experience • Over 25 years Oil & Gas industry experience •
Slide 16: Board of Directors
Board of Directors J. Douglas Schick Josh Schmidt Edward Geiser PED President & CEO Chairman Juniper Director Director Juniper Director John K. Howie Martyn Willsher Kristel Franklin Independent Director Independent Director Independent Director Overview • Current six-member Board of Directors: PEDE
Slide 17: PEDEVCO
PEDE\/CO