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PEDEVCO Corp
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Winter 2024 Investor Presentation
| Simon Kukes | Page 15 of 11 |
April 28, 2024
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"Winter 2024 Investor Presentation"
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Niobrara Type Curve & Economics 10,000’ Type Well (1) 2 Stream Peak Rate (Boepd) 820 Di (%) 74% B-factor 1. Dm (%) 7% 2 Stream EUR (MBoe) 626 10,000’ Well Net Economics (2) D&C ($M) $6,100 LOE ($/Boe) $5.50 ROR (%) >100% ROI (disc) 2.5 PV10 ($M) $9,130 (1) Based on recent well performance offset PEDEVCO’s D-J Basin acreage position (2) Net working interest 100%., net revenue interest 82%. NYMEX Price Deck (12/5/2023) – Oil (2024 - $72.4/bbl, 2025 - $69.52/bbl, 2026 - $66.58/bbl, 2027 - $64.44/bbl, 2028 - $62.84/bbl to end of well life), Gas (2024 - $2.90/MMBtu, 2025 - $3.75/MMBtu, 2026 - $3.95/MMBtu, 2027 - $3.87/MMBtu, 2028- $3.79/MMBtu to end of well life)