Pedevco (NYSEAMERICAN:PED) Corp is an independent energy company engaged in the acquisition, exploration, development and production of crude oil and natural gas. Focused primarily on onshore assets along the U.S. Gulf Coast, the company holds interests in core operating areas of Louisiana, Mississippi and East Texas. Through its wholly owned subsidiaries, Pedevco applies advanced geological and engineering techniques to identify and exploit both oil-bearing and gas-bearing formations.
The company’s integrated operations encompass upstream exploration and development as well as strategic midstream infrastructure. Pedevco’s asset portfolio includes conventional wells, enhanced production facilities, gathering pipelines, compression stations and field processing equipment. This combination of production and transportation capabilities allows the firm to capture value across each stage of the hydrocarbon supply chain, improve operational efficiencies and manage costs effectively.
Incorporated in the late 1990s and formerly known as Petroleum Development Energy Corporation, Pedevco refined its strategic focus to upstream activities over the past decade. Through selective lease acquisitions, farm-in agreements and bolt-on purchases, the company has assembled a concentrated position in high-potential plays. Disciplined capital deployment and a deliberate growth‐by‐drilling approach have supported ongoing reserve additions and production stability in its core regions.
Pedevco is guided by a management team with deep experience in Gulf Coast resource development, reservoir management and project financing. The leadership group leverages longstanding relationships with local service providers, landowners and regulatory agencies to advance field development plans and unlock additional value from existing wellbores. With an emphasis on operational excellence and technical innovation, Pedevco aims to enhance long-term production and reserves in its established asset base.
