CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
CONSOLIDATED BALANCE SHEETS
Cash and cash equivalents	$ 14,139	$ 29,430
Accounts receivable - oil and gas	5,788	2,430
Prepaid expenses and other current assets	149	249
Total current assets	20,076	32,109
Oil and gas properties:
Oil and gas properties, subject to amortization, net	82,692	79,372
Oil and gas properties, not subject to amortization, net	1,500	775
Total oil and gas properties, net	84,192	80,147
Operating lease - right-of-use asset	45	71
Other assets	3,821	3,783
Total assets	108,134	116,110
Current liabilities:
Accounts payable	3,683	1,556
Accrued expenses	1,375	13,835
Revenue payable	1,000	1,018
Operating lease liabilities - current	51	81
Asset retirement obligations - current	658	472
Total current liabilities	6,767	16,962
Long-term liabilities:
Asset retirement obligations, net of current portion	2,628	2,689
Total liabilities	9,395	19,651
Shareholders' equity:
Common stock, $0.001 par value, 200,000,000 shares authorized; 87,040,267 and 85,790,267 shares issued and outstanding, respectively	87	86
Additional paid-in capital	223,631	223,114
Accumulated deficit	(124,979)	(126,741)
Total shareholders' equity	98,739	96,459
Total liabilities and shareholders' equity	$ 108,134	$ 116,110

No definition available.

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Namespace Prefix:	ped_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).