PEDEVCO Corp. announced production results for the year ended December 31, 2023. Production for the year ended December 31, 2023 was 520,886 barrels of oil equivalent (Boe), comprised of 382,794 barrels of oil, 479,533 million cubic feet (Mcf) of natural gas, and 58,170 Boe of natural gas liquids (NGLs).

Liquids production comprised 84.7% of total production in the year.