PED · Annual Report (Form 10-K) · Filed March 31, 2026

Pedevco Corp — 10-K exhibit

ped_ex232.htm

EXHIBIT 23.2

CONSENT OF INDEPENDENT PETROLEUM ENGINEERS

We consent to the references to our firm in the form and context in which they appear in the Annual Report on Form 10-K of PEDEVCO Corp. (the “Company”) for the year ended December 31, 2025 (including, but not limited to, the notes to the financial statements included therein) (the “Annual Report”).

We further consent to the inclusion and use in the Annual Report of our report dated January 22, 2026, entitled “PEDEVCO Corp. Interests – Various Oil and Gas Properties in CO, NM and WY – Total Proved Reserves as of December 31, 2025” (the “Report”), and the information from our Report contained in the Annual Report, the incorporation by reference of the Report in the Annual Report, and the filing of the Report as Exhibit 99.1 to the Annual Report.

We also consent to the incorporation by reference in the Registration Statements on Form S-8 (Nos. 333-192002, 333-201098, 333-207529, 333-215349, 333-222335, 333-227566, 333-233525, 333-259248, and 333-282037) and Form S-3 (No. 333-282046) of the Company, of the Report and all references to our firm and the information from our Report.

	Cawley, Gillespie & Associates, Inc.
	Texas Registered Engineering Firm F-693

	By:
	Name:	W. Todd Brooker
	Title:	President

Cawley, Gillespie & Associates, Inc.

13640 Briarwick Drive, Suite 100

Austin, Texas 78729

March 31, 2026

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