<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!--XBRL Document Created with XBRLMaster-->
<!--Version: 2.3.08-->
<!--Based on XBRL 2.1-->
<!--Date of creation: 03/31/2026-->
<!--Software architectural design and coding: A'c Dharmapremananda Avt.-->
<!--Copyright (c) 2026 I-NET Business Solutions, Inc. All Rights Reserved.-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://ped.com/role/Cover" xlink:href="ped-20251231.xsd#Cover" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/ConsolidatedBalanceSheets" xlink:href="ped-20251231.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="ped-20251231.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/ConsolidatedStatementsOfOperations" xlink:href="ped-20251231.xsd#ConsolidatedStatementsOfOperations" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/ConsolidatedStatementsOfCashFlows" xlink:href="ped-20251231.xsd#ConsolidatedStatementsOfCashFlows" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/ConsolidatedStatementsOfChangesInShareholdersEquity" xlink:href="ped-20251231.xsd#ConsolidatedStatementsOfChangesInShareholdersEquity" xlink:type="simple" />
  <link:roleRef roleURI="http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#InsiderTradingArrangements" xlink:type="simple" />
  <link:roleRef roleURI="http://xbrl.sec.gov/ecd/role/InsiderTradingPoliciesProc" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#InsiderTradingPoliciesProc" xlink:type="simple" />
  <link:roleRef roleURI="http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#AwardTimingDisclosure" xlink:type="simple" />
  <link:roleRef roleURI="http://xbrl.sec.gov/ecd/role/ErrCompDisclosure" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ErrCompDisclosure" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DisclosureTradingArrangements" xlink:href="ped-20251231.xsd#DisclosureTradingArrangements" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/BasisOfPresentation" xlink:href="ped-20251231.xsd#BasisOfPresentation" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DescriptionOfBusiness" xlink:href="ped-20251231.xsd#DescriptionOfBusiness" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SummaryOfSignificantAccountingPolicies" xlink:href="ped-20251231.xsd#SummaryOfSignificantAccountingPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CASH" xlink:href="ped-20251231.xsd#CASH" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/RevenueFromContractsWithCustomers" xlink:href="ped-20251231.xsd#RevenueFromContractsWithCustomers" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/MergerAcquisition" xlink:href="ped-20251231.xsd#MergerAcquisition" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/OilAndGasProperties" xlink:href="ped-20251231.xsd#OilAndGasProperties" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/NoteReceivable" xlink:href="ped-20251231.xsd#NoteReceivable" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/RevolvingCreditFacility" xlink:href="ped-20251231.xsd#RevolvingCreditFacility" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DERIVATIVES" xlink:href="ped-20251231.xsd#DERIVATIVES" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/FairValueMeasurements" xlink:href="ped-20251231.xsd#FairValueMeasurements" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/AssetRetirementObligation" xlink:href="ped-20251231.xsd#AssetRetirementObligation" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CommitmentsAndContingencies" xlink:href="ped-20251231.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/ShareholdersEquity" xlink:href="ped-20251231.xsd#ShareholdersEquity" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SharebasedCompensation" xlink:href="ped-20251231.xsd#SharebasedCompensation" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/EarningsPerCommonShare" xlink:href="ped-20251231.xsd#EarningsPerCommonShare" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/IncomeTaxes" xlink:href="ped-20251231.xsd#IncomeTaxes" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SegmentInformation" xlink:href="ped-20251231.xsd#SegmentInformation" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SubsequentEvents" xlink:href="ped-20251231.xsd#SubsequentEvents" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="ped-20251231.xsd#SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CashTables" xlink:href="ped-20251231.xsd#CashTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/RevenueFromContractsWithCustomersTables" xlink:href="ped-20251231.xsd#RevenueFromContractsWithCustomersTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/MergerAcquisitionTables" xlink:href="ped-20251231.xsd#MergerAcquisitionTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/OilAndGasPropertiesTables" xlink:href="ped-20251231.xsd#OilAndGasPropertiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DerivativesTables" xlink:href="ped-20251231.xsd#DerivativesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/FairValueMeasurementsTables" xlink:href="ped-20251231.xsd#FairValueMeasurementsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/AssetRetirementObligationsTables" xlink:href="ped-20251231.xsd#AssetRetirementObligationsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CommitmentsAndContingenciesTables" xlink:href="ped-20251231.xsd#CommitmentsAndContingenciesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SharebasedCompensationTables" xlink:href="ped-20251231.xsd#SharebasedCompensationTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/EarningsPerCommonShareTables" xlink:href="ped-20251231.xsd#EarningsPerCommonShareTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/IncomeTaxesTables" xlink:href="ped-20251231.xsd#IncomeTaxesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/BasisOfPresentationDetailsNarrative" xlink:href="ped-20251231.xsd#BasisOfPresentationDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:href="ped-20251231.xsd#SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CashDetails" xlink:href="ped-20251231.xsd#CashDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/RevenueFromContractsWithCustomersDetails" xlink:href="ped-20251231.xsd#RevenueFromContractsWithCustomersDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/MergerAcquisitionDetails" xlink:href="ped-20251231.xsd#MergerAcquisitionDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/MergerAcquisitionDetails1" xlink:href="ped-20251231.xsd#MergerAcquisitionDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/MergerAcquisitionDetailsNarrative" xlink:href="ped-20251231.xsd#MergerAcquisitionDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/OilAndGasPropertiesDetails" xlink:href="ped-20251231.xsd#OilAndGasPropertiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/OilAndGasPropertiesDetailsNarrative" xlink:href="ped-20251231.xsd#OilAndGasPropertiesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/NoteReceivableDetailsNarrative" xlink:href="ped-20251231.xsd#NoteReceivableDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/RevolvingCreditFacilityDetailsNarrative" xlink:href="ped-20251231.xsd#RevolvingCreditFacilityDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DerivativesDetails" xlink:href="ped-20251231.xsd#DerivativesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DerivativesDetails1" xlink:href="ped-20251231.xsd#DerivativesDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DerivativesDetails2" xlink:href="ped-20251231.xsd#DerivativesDetails2" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/DerivativesDetails3" xlink:href="ped-20251231.xsd#DerivativesDetails3" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/FairValueMeasurementsDetails" xlink:href="ped-20251231.xsd#FairValueMeasurementsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/AssetRetirementObligationsDetails" xlink:href="ped-20251231.xsd#AssetRetirementObligationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/AssetRetirementObligationsDetailsNarrative" xlink:href="ped-20251231.xsd#AssetRetirementObligationsDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CommitmentsAndContingenciesDetails" xlink:href="ped-20251231.xsd#CommitmentsAndContingenciesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CommitmentsAndContingenciesDetails1" xlink:href="ped-20251231.xsd#CommitmentsAndContingenciesDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CommitmentsAndContingenciesDetails2" xlink:href="ped-20251231.xsd#CommitmentsAndContingenciesDetails2" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/CommitmentsAndContingenciesDetailsNarrative" xlink:href="ped-20251231.xsd#CommitmentsAndContingenciesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/ShareholdersEquityDetailsNarrative" xlink:href="ped-20251231.xsd#ShareholdersEquityDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SharebasedCompensationDetails" xlink:href="ped-20251231.xsd#SharebasedCompensationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SharebasedCompensationDetailsa1" xlink:href="ped-20251231.xsd#SharebasedCompensationDetailsa1" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SharebasedCompensationDetailsNarrative" xlink:href="ped-20251231.xsd#SharebasedCompensationDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/EarningsPerCommonShareDetails" xlink:href="ped-20251231.xsd#EarningsPerCommonShareDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/EarningsPerCommonShareDetailsNarrative" xlink:href="ped-20251231.xsd#EarningsPerCommonShareDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/IncomeTaxesDetails" xlink:href="ped-20251231.xsd#IncomeTaxesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/IncomeTaxesDetails1" xlink:href="ped-20251231.xsd#IncomeTaxesDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/IncomeTaxesDetails2" xlink:href="ped-20251231.xsd#IncomeTaxesDetails2" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/IncomeTaxesDetailsNarrative" xlink:href="ped-20251231.xsd#IncomeTaxesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://ped.com/role/SubsequentEventsDetailsNarrative" xlink:href="ped-20251231.xsd#SubsequentEventsDetailsNarrative" xlink:type="simple" />
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/Cover" xlink:title="00000001 - Document - Cover Page Information">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
    <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFinStmtErrorCorrectionFlag" xlink:label="loc_deiDocumentFinStmtErrorCorrectionFlag" />
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFinStmtErrorCorrectionFlag" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
    <link:presentationArc order="25" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
    <link:presentationArc order="26" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
    <link:presentationArc order="27" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
    <link:presentationArc order="28" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="loc_deiIcfrAuditorAttestationFlag" />
    <link:presentationArc order="29" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiIcfrAuditorAttestationFlag" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorName" xlink:label="loc_deiAuditorName" />
    <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditorName" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorLocation" xlink:label="loc_deiAuditorLocation" />
    <link:presentationArc order="31" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditorLocation" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorFirmId" xlink:label="loc_deiAuditorFirmId" />
    <link:presentationArc order="32" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditorFirmId" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
    <link:presentationArc order="33" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
    <link:presentationArc order="34" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
    <link:presentationArc order="35" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
    <link:presentationArc order="36" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
    <link:presentationArc order="37" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/ConsolidatedBalanceSheets" xlink:title="110200 - Statement - CONSOLIDATED BALANCE SHEETS">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="loc_us-gaapAssetsCurrentAbstract_528212" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapAssetsCurrentAbstract_528212" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_6510ef" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_6510ef" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaapAccountsReceivableNet_2dab5d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapAccountsReceivableNet_2dab5d" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ReceivablesNetCurrent" xlink:label="loc_us-gaapReceivablesNetCurrent_ca41f9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapReceivablesNetCurrent_ca41f9" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaapInventoryNet_3d3e04" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapInventoryNet_3d3e04" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssetsCurrent" xlink:label="loc_us-gaapDerivativeAssetsCurrent_2c3249" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapDerivativeAssetsCurrent_2c3249" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:label="loc_us-gaapPrepaidExpenseAndOtherAssetsCurrent_6504be" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapPrepaidExpenseAndOtherAssetsCurrent_6504be" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaapAssetsCurrent_c51796" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapAssetsCurrent_c51796" order="8" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertyAbstract" xlink:label="loc_us-gaapOilAndGasPropertyAbstract_d18187" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapOilAndGasPropertyAbstract_d18187" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertyFullCostMethodGross" xlink:label="loc_us-gaapOilAndGasPropertyFullCostMethodGross_8507e5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapOilAndGasPropertyFullCostMethodGross_8507e5" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasProducingPropertiesOfRateRegulatedCompaniesUnamortizedCost" xlink:label="loc_us-gaapOilAndGasProducingPropertiesOfRateRegulatedCompaniesUnamortizedCost_b6e7b4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapOilAndGasProducingPropertiesOfRateRegulatedCompaniesUnamortizedCost_b6e7b4" order="11" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MineralPropertiesNet" xlink:label="loc_us-gaapMineralPropertiesNet_4da628" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapMineralPropertiesNet_4da628" order="12" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaapNotesReceivableNet_1d78a4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapNotesReceivableNet_1d78a4" order="13" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="loc_us-gaapOperatingLeaseRightOfUseAsset_6b0637" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapOperatingLeaseRightOfUseAsset_6b0637" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="loc_us-gaapDerivativeAssetsNoncurrent_874637" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapDerivativeAssetsNoncurrent_874637" order="15" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredIncomeTaxAssetsNet" xlink:label="loc_us-gaapDeferredIncomeTaxAssetsNet_ec7016" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapDeferredIncomeTaxAssetsNet_ec7016" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaapOtherAssets_8784c6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapOtherAssets_8784c6" order="17" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets_05d184" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapAssets_05d184" order="18" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaapLiabilitiesCurrentAbstract_7f2d4f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapLiabilitiesCurrentAbstract_7f2d4f" order="19" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaapAccountsPayableCurrent_8b1faa" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesCurrentAbstract_7f2d4f" xlink:to="loc_us-gaapAccountsPayableCurrent_8b1faa" order="20" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="loc_us-gaapAccruedLiabilitiesCurrent_aa1c86" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesCurrentAbstract_7f2d4f" xlink:to="loc_us-gaapAccruedLiabilitiesCurrent_aa1c86" order="21" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RevenuePayableCurrent" xlink:label="loc_pedRevenuePayableCurrent_a1b5f6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesCurrentAbstract_7f2d4f" xlink:to="loc_pedRevenuePayableCurrent_a1b5f6" order="22" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiabilityCurrent" xlink:label="loc_us-gaapOperatingLeaseLiabilityCurrent_9e5c57" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapOperatingLeaseLiabilityCurrent_9e5c57" order="23" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilitiesCurrent" xlink:label="loc_us-gaapDerivativeLiabilitiesCurrent_3d4409" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapDerivativeLiabilitiesCurrent_3d4409" order="24" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationCurrent" xlink:label="loc_us-gaapAssetRetirementObligationCurrent_343939" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapAssetRetirementObligationCurrent_343939" order="25" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="loc_us-gaapDeferredIncomeTaxLiabilities_6dc920" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapDeferredIncomeTaxLiabilities_6dc920" order="26" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaapLiabilitiesCurrent_a55f35" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapLiabilitiesCurrent_a55f35" order="27" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesNoncurrentAbstract" xlink:label="loc_us-gaapLiabilitiesNoncurrentAbstract_6639af" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapLiabilitiesNoncurrentAbstract_6639af" order="28" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RevolvingCreditFacilityNoncurrent" xlink:label="loc_pedRevolvingCreditFacilityNoncurrent_a9fdfd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesNoncurrentAbstract_6639af" xlink:to="loc_pedRevolvingCreditFacilityNoncurrent_a9fdfd" order="29" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiabilityNoncurrent" xlink:label="loc_us-gaapOperatingLeaseLiabilityNoncurrent_a40def" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesNoncurrentAbstract_6639af" xlink:to="loc_us-gaapOperatingLeaseLiabilityNoncurrent_a40def" order="30" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilitiesNoncurrent" xlink:label="loc_us-gaapDerivativeLiabilitiesNoncurrent_228c75" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesNoncurrentAbstract_6639af" xlink:to="loc_us-gaapDerivativeLiabilitiesNoncurrent_228c75" order="31" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationsNoncurrent" xlink:label="loc_us-gaapAssetRetirementObligationsNoncurrent_9aa3ea" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapAssetRetirementObligationsNoncurrent_9aa3ea" order="32" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesOtherThanLongtermDebtNoncurrent" xlink:label="loc_us-gaapLiabilitiesOtherThanLongtermDebtNoncurrent_208fce" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapLiabilitiesOtherThanLongtermDebtNoncurrent_208fce" order="33" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities_b096a2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapLiabilities_b096a2" order="34" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_5f9cd1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_5f9cd1" order="35" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaapStockholdersEquityAbstract_1c7bff" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapStockholdersEquityAbstract_1c7bff" order="36" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaapPreferredStockValue_9c7de5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_1c7bff" xlink:to="loc_us-gaapPreferredStockValue_9c7de5" order="37" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaapCommonStockValue_a3dc49" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_1c7bff" xlink:to="loc_us-gaapCommonStockValue_a3dc49" order="38" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaapAdditionalPaidInCapital_e2006c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_1c7bff" xlink:to="loc_us-gaapAdditionalPaidInCapital_e2006c" order="39" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaapRetainedEarningsAccumulatedDeficit_cc3da0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_1c7bff" xlink:to="loc_us-gaapRetainedEarningsAccumulatedDeficit_cc3da0" order="40" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity_b59c52" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_1c7bff" xlink:to="loc_us-gaapStockholdersEquity_b59c52" order="41" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquity_de1fe5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_28f3ed" xlink:to="loc_us-gaapLiabilitiesAndStockholdersEquity_de1fe5" order="42" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:title="110201 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaapStatementOfFinancialPositionAbstract_01a282" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_f61c3e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_01a282" xlink:to="loc_us-gaapStatementTable_f61c3e" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_a650c0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_f61c3e" xlink:to="loc_us-gaapStatementLineItems_a650c0" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaapStatementClassOfStockAxis_a00522" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_f61c3e" xlink:to="loc_us-gaapStatementClassOfStockAxis_a00522" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaapClassOfStockDomain_27df96" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementClassOfStockAxis_a00522" xlink:to="loc_us-gaapClassOfStockDomain_27df96" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaapSeriesAPreferredStockMember_03431f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfStockDomain_27df96" xlink:to="loc_us-gaapSeriesAPreferredStockMember_03431f" order="1021" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaapPreferredStockParOrStatedValuePerShare_b47ce8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapPreferredStockParOrStatedValuePerShare_b47ce8" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaapPreferredStockSharesAuthorized_6dbd79" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapPreferredStockSharesAuthorized_6dbd79" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaapPreferredStockSharesIssued_d055fa" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapPreferredStockSharesIssued_d055fa" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaapPreferredStockSharesOutstanding_dd5b73" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapPreferredStockSharesOutstanding_dd5b73" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaapCommonStockParOrStatedValuePerShare_280bfe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapCommonStockParOrStatedValuePerShare_280bfe" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaapCommonStockSharesAuthorized_9db2e7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapCommonStockSharesAuthorized_9db2e7" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaapCommonStockSharesIssued_d78e35" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapCommonStockSharesIssued_d78e35" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaapCommonStockSharesOutstanding_019e58" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a650c0" xlink:to="loc_us-gaapCommonStockSharesOutstanding_019e58" order="8" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/ConsolidatedStatementsOfOperations" xlink:title="124100 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaapIncomeStatementAbstract_915e67" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaapRevenuesAbstract_8bb23e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapRevenuesAbstract_8bb23e" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues_c9c489" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_8bb23e" xlink:to="loc_us-gaapRevenues_c9c489" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaapOperatingExpensesAbstract_716133" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_8bb23e" xlink:to="loc_us-gaapOperatingExpensesAbstract_716133" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseCost" xlink:label="loc_us-gaapOperatingLeaseCost_2b3d43" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapOperatingLeaseCost_2b3d43" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="loc_us-gaapSellingGeneralAndAdministrativeExpense_e50355" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapSellingGeneralAndAdministrativeExpense_e50355" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ImpairmentOfOilAndGasProperties" xlink:label="loc_us-gaapImpairmentOfOilAndGasProperties_49fb28" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapImpairmentOfOilAndGasProperties_49fb28" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaapDepreciationAndAmortization_c22bad" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapDepreciationAndAmortization_c22bad" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses_901bde" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapOperatingExpenses_901bde" order="8" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfOilAndGasProperty" xlink:label="loc_us-gaapGainLossOnSaleOfOilAndGasProperty_8495ec" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapGainLossOnSaleOfOilAndGasProperty_8495ec" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfNotesReceivable" xlink:label="loc_us-gaapGainLossOnSaleOfNotesReceivable_4e2585" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapGainLossOnSaleOfNotesReceivable_4e2585" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaapOperatingIncomeLoss_77795a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapOperatingIncomeLoss_77795a" order="11" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense_a6c3e0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapInterestExpense_a6c3e0" order="13" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeOther" xlink:label="loc_us-gaapInterestIncomeOther_bb2426" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapInterestIncomeOther_bb2426" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="loc_us-gaapGainLossOnDispositionOfAssets_eb1d49" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapGainLossOnDispositionOfAssets_eb1d49" order="15" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="loc_us-gaapDerivativeGainLossOnDerivativeNet_09e7f7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapDerivativeGainLossOnDerivativeNet_09e7f7" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaapOtherNonoperatingIncomeExpense_3fdbd0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapOtherNonoperatingIncomeExpense_3fdbd0" order="17" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaapNonoperatingIncomeExpense_1723db" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapNonoperatingIncomeExpense_1723db" order="18" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3d7c30" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3d7c30" order="19" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaapIncomeTaxExpenseBenefit_41de96" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNonoperatingIncomeExpenseAbstract_34561c" xlink:to="loc_us-gaapIncomeTaxExpenseBenefit_41de96" order="20" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss_33a24f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapNetIncomeLoss_33a24f" order="21" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract_c20990" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapEarningsPerShareAbstract_c20990" order="22" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaapEarningsPerShareBasic_ce538c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_c20990" xlink:to="loc_us-gaapEarningsPerShareBasic_ce538c" order="23" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaapEarningsPerShareDiluted_db4ed9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_c20990" xlink:to="loc_us-gaapEarningsPerShareDiluted_db4ed9" order="24" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingAbstract_8db480" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingAbstract_8db480" order="25" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic_ea241e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic_ea241e" order="26" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding_676505" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_915e67" xlink:to="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding_676505" order="27" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/ConsolidatedStatementsOfCashFlows" xlink:title="170000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_d305e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_d305e3" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss_23bbf9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_d305e3" xlink:to="loc_us-gaapProfitLoss_23bbf9" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0bb956" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_d305e3" xlink:to="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0bb956" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaapDepreciationAndAmortization_efc70b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0bb956" xlink:to="loc_us-gaapDepreciationAndAmortization_efc70b" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ImpairmentOfOilAndGasProperties" xlink:label="loc_us-gaapImpairmentOfOilAndGasProperties_67919a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_0bb956" xlink:to="loc_us-gaapImpairmentOfOilAndGasProperties_67919a" order="5" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfNotesReceivable" xlink:label="loc_us-gaapGainLossOnSaleOfNotesReceivable_d7f4fb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapGainLossOnSaleOfNotesReceivable_d7f4fb" order="6" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense" xlink:label="loc_us-gaapOperatingLeaseRightOfUseAssetAmortizationExpense_a8f437" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapOperatingLeaseRightOfUseAssetAmortizationExpense_a8f437" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="loc_us-gaapAmortizationOfFinancingCostsAndDiscounts_c70f44" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapAmortizationOfFinancingCostsAndDiscounts_c70f44" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaapShareBasedCompensation_a80e7c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapShareBasedCompensation_a80e7c" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="loc_us-gaapDerivativeGainLossOnDerivativeNet_b3e629" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapDerivativeGainLossOnDerivativeNet_b3e629" order="10" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_GainLossOnCashReceivedForDerivativeSettlementsNet" xlink:label="loc_pedGainLossOnCashReceivedForDerivativeSettlementsNet_4ac97c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_pedGainLossOnCashReceivedForDerivativeSettlementsNet_4ac97c" order="11" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DispositionOfEscrowCashAccount" xlink:label="loc_pedDispositionOfEscrowCashAccount_547af2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_pedDispositionOfEscrowCashAccount_547af2" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaapDeferredIncomeTaxExpenseBenefit_d2184d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapDeferredIncomeTaxExpenseBenefit_d2184d" order="13" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfOilAndGasProperty" xlink:label="loc_us-gaapGainLossOnSaleOfOilAndGasProperty_9f8d55" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapGainLossOnSaleOfOilAndGasProperty_9f8d55" order="14" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="loc_us-gaapGainLossOnDispositionOfAssets_0c3c82" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapGainLossOnDispositionOfAssets_0c3c82" order="15" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsReceivable_dea30e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsReceivable_dea30e" order="17" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaapIncreaseDecreaseInInventories_58e0a1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapIncreaseDecreaseInInventories_58e0a1" order="18" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:label="loc_us-gaapIncreaseDecreaseInAccruedInterestReceivableNet_06bdaf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapIncreaseDecreaseInAccruedInterestReceivableNet_06bdaf" order="19" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInPrepaidExpensesOther" xlink:label="loc_us-gaapIncreaseDecreaseInPrepaidExpensesOther_c9a098" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapIncreaseDecreaseInPrepaidExpensesOther_c9a098" order="20" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccountsPayable" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsPayable_14c8f4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsPayable_14c8f4" order="21" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInAccruedLiabilities_1698d0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapIncreaseDecreaseInAccruedLiabilities_1698d0" order="22" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInLongTermReceivablesCurrent" xlink:label="loc_us-gaapIncreaseDecreaseInLongTermReceivablesCurrent_fec46d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapIncreaseDecreaseInLongTermReceivablesCurrent_fec46d" order="23" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IncreaseDecreaseInRevenuePayable" xlink:label="loc_pedIncreaseDecreaseInRevenuePayable_207ead" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_pedIncreaseDecreaseInRevenuePayable_207ead" order="24" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivities_74c6ab" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_9041bc" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivities_74c6ab" order="25" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" order="26" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsForProceedsFromInvestments" xlink:label="loc_us-gaapPaymentsForProceedsFromInvestments_7f229a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" xlink:to="loc_us-gaapPaymentsForProceedsFromInvestments_7f229a" order="27" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PaymentsToAcquireDrillingAndCompletionCosts" xlink:label="loc_pedPaymentsToAcquireDrillingAndCompletionCosts_982c65" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" xlink:to="loc_pedPaymentsToAcquireDrillingAndCompletionCosts_982c65" order="28" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment" xlink:label="loc_us-gaapPaymentsToAcquireOtherPropertyPlantAndEquipment_f6dfeb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" xlink:to="loc_us-gaapPaymentsToAcquireOtherPropertyPlantAndEquipment_f6dfeb" order="29" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment" xlink:label="loc_us-gaapProceedsFromSaleOfOilAndGasPropertyAndEquipment_aa2fd4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" xlink:to="loc_us-gaapProceedsFromSaleOfOilAndGasPropertyAndEquipment_aa2fd4" order="30" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CashReceivedForSaleOfVehicle" xlink:label="loc_pedCashReceivedForSaleOfVehicle_72afb7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" xlink:to="loc_pedCashReceivedForSaleOfVehicle_72afb7" order="31" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivities_a987b3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_a6d113" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivities_a987b3" order="32" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_c563ce" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_c563ce" order="33" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromRelatedPartyDebt" xlink:label="loc_us-gaapProceedsFromRelatedPartyDebt_19f796" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_c563ce" xlink:to="loc_us-gaapProceedsFromRelatedPartyDebt_19f796" order="34" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfConvertiblePreferredStock" xlink:label="loc_us-gaapProceedsFromIssuanceOfConvertiblePreferredStock_75e765" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_c563ce" xlink:to="loc_us-gaapProceedsFromIssuanceOfConvertiblePreferredStock_75e765" order="35" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaapProceedsFromIssuanceOfCommonStock_16c2d3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_c563ce" xlink:to="loc_us-gaapProceedsFromIssuanceOfCommonStock_16c2d3" order="36" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivities_68b40c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_c563ce" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivities_68b40c" order="37" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_4d4323" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_4d4323" order="38" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_e18119" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_e18119" order="39" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_bbb4db" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_bbb4db" order="40" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CashPaidForAbstract" xlink:label="loc_pedCashPaidForAbstract_c12ba7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_pedCashPaidForAbstract_c12ba7" order="41" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestPaid" xlink:label="loc_us-gaapInterestPaid_b45b87" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapInterestPaid_b45b87" order="42" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxesPaid" xlink:label="loc_us-gaapIncomeTaxesPaid_c752c9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapIncomeTaxesPaid_c752c9" order="43" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="loc_us-gaapCashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_4109a3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_56ee5a" xlink:to="loc_us-gaapCashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_4109a3" order="44" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ChangeInAccruedOilAndGasDevelopmentCosts" xlink:label="loc_pedChangeInAccruedOilAndGasDevelopmentCosts_85fe9a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_4109a3" xlink:to="loc_pedChangeInAccruedOilAndGasDevelopmentCosts_85fe9a" order="45" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ChangesInEstimatesOfAssetRetirementCostsNet" xlink:label="loc_pedChangesInEstimatesOfAssetRetirementCostsNet_789bed" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_4109a3" xlink:to="loc_pedChangesInEstimatesOfAssetRetirementCostsNet_789bed" order="46" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ProceedsFromIssuanceOfRestrictedCommonStock" xlink:label="loc_pedProceedsFromIssuanceOfRestrictedCommonStock_dfe1e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_4109a3" xlink:to="loc_pedProceedsFromIssuanceOfRestrictedCommonStock_dfe1e3" order="47" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NonCashConsiderationExchangedInMergerAcquisitionAbstract" xlink:label="loc_pedNonCashConsiderationExchangedInMergerAcquisitionAbstract_f757d5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_4109a3" xlink:to="loc_pedNonCashConsiderationExchangedInMergerAcquisitionAbstract_f757d5" order="48" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IssuanceOfConvertiblePreferredStock" xlink:label="loc_pedIssuanceOfConvertiblePreferredStock_71f808" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedNonCashConsiderationExchangedInMergerAcquisitionAbstract_f757d5" xlink:to="loc_pedIssuanceOfConvertiblePreferredStock_71f808" order="49" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/ConsolidatedStatementsOfChangesInShareholdersEquity" xlink:title="170001 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaapStatementOfStockholdersEquityAbstract_28e9b1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_1cc8f8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfStockholdersEquityAbstract_28e9b1" xlink:to="loc_us-gaapStatementTable_1cc8f8" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_8ffcb6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1cc8f8" xlink:to="loc_us-gaapStatementLineItems_8ffcb6" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaapStatementEquityComponentsAxis_9a76fe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1cc8f8" xlink:to="loc_us-gaapStatementEquityComponentsAxis_9a76fe" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaapEquityComponentDomain_79c3fb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementEquityComponentsAxis_9a76fe" xlink:to="loc_us-gaapEquityComponentDomain_79c3fb" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaapCommonStockMember_c9bf1a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_79c3fb" xlink:to="loc_us-gaapCommonStockMember_c9bf1a" order="1021" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaapAdditionalPaidInCapitalMember_dd6509" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_79c3fb" xlink:to="loc_us-gaapAdditionalPaidInCapitalMember_dd6509" order="1022" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaapRetainedEarningsMember_6c8154" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_79c3fb" xlink:to="loc_us-gaapRetainedEarningsMember_6c8154" order="1023" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PreferredStockSeriesAMember" xlink:label="loc_pedPreferredStockSeriesAMember_766c86" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_79c3fb" xlink:to="loc_pedPreferredStockSeriesAMember_766c86" order="1024" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesIssued" xlink:label="loc_us-gaapSharesIssued_6e2a0f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapSharesIssued_6e2a0f" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity_be5414" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapStockholdersEquity_be5414" order="2" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RestrictedStockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_pedRestrictedStockIssuedDuringPeriodSharesNewIssues_dbbd36" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedRestrictedStockIssuedDuringPeriodSharesNewIssues_dbbd36" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RestrictedStockIssuedDuringPeriodValueNewIssues" xlink:label="loc_pedRestrictedStockIssuedDuringPeriodValueNewIssues_45b59b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedRestrictedStockIssuedDuringPeriodValueNewIssues_45b59b" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RescindedRestrictedCommonStockShares" xlink:label="loc_pedRescindedRestrictedCommonStockShares_c103af" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedRescindedRestrictedCommonStockShares_c103af" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RescindedRestrictedStockIssuedDuringPeriodValueNewIssues" xlink:label="loc_pedRescindedRestrictedStockIssuedDuringPeriodValueNewIssues_93d9e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedRescindedRestrictedStockIssuedDuringPeriodValueNewIssues_93d9e3" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaapShareBasedCompensation_fa4bc7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapShareBasedCompensation_fa4bc7" order="7" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss_639468" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapProfitLoss_639468" order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IssuanceOfSeriesAPreferredStockMergerShares" xlink:label="loc_pedIssuanceOfSeriesAPreferredStockMergerShares_842ef2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedIssuanceOfSeriesAPreferredStockMergerShares_842ef2" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IssuanceOfSeriesAPreferredStockMergerAmount" xlink:label="loc_pedIssuanceOfSeriesAPreferredStockMergerAmount_cf5741" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedIssuanceOfSeriesAPreferredStockMergerAmount_cf5741" order="10" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IssuanceOfSeriesAPreferredStockPipeShares" xlink:label="loc_pedIssuanceOfSeriesAPreferredStockPipeShares_779857" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedIssuanceOfSeriesAPreferredStockPipeShares_779857" order="11" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IssuanceOfSeriesAPreferredStockPipeAmount" xlink:label="loc_pedIssuanceOfSeriesAPreferredStockPipeAmount_b50b37" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_pedIssuanceOfSeriesAPreferredStockPipeAmount_b50b37" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesNewIssues_d1b716" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesNewIssues_d1b716" order="13" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaapStockIssuedDuringPeriodValueNewIssues_eec5f0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapStockIssuedDuringPeriodValueNewIssues_eec5f0" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesIssued" xlink:label="loc_us-gaapSharesIssued_3e9d4d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapSharesIssued_3e9d4d" order="15" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity_d8c3e5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8ffcb6" xlink:to="loc_us-gaapStockholdersEquity_d8c3e5" order="16" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/InsiderTradingArrangements" xlink:title="995445 - Disclosure - Insider Trading Arrangements">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTradingArrLineItems" xlink:label="loc_ecdInsiderTradingArrLineItems_64ec14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Rule10b51ArrAdoptedFlag" xlink:label="loc_ecdRule10b51ArrAdoptedFlag_39a336" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdRule10b51ArrAdoptedFlag_39a336" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_Rule10b51ArrTrmntdFlag" xlink:label="loc_ecdRule10b51ArrTrmntdFlag_eb82bf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdRule10b51ArrTrmntdFlag_eb82bf" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonRule10b51ArrAdoptedFlag" xlink:label="loc_ecdNonRule10b51ArrAdoptedFlag_e68591" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdNonRule10b51ArrAdoptedFlag_e68591" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonRule10b51ArrTrmntdFlag" xlink:label="loc_ecdNonRule10b51ArrTrmntdFlag_717130" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdNonRule10b51ArrTrmntdFlag_717130" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndName" xlink:label="loc_ecdTrdArrIndName_475a4e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdTrdArrIndName_475a4e" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndTitle" xlink:label="loc_ecdTrdArrIndTitle_ae1f1b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdTrdArrIndTitle_ae1f1b" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrAdoptionDate" xlink:label="loc_ecdTrdArrAdoptionDate_f47c2a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdTrdArrAdoptionDate_f47c2a" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrExpirationDate" xlink:label="loc_ecdTrdArrExpirationDate_4b2c26" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_ecdTrdArrExpirationDate_4b2c26" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CharacterOfTrdArr" xlink:label="loc_pedCharacterOfTrdArr_369c19" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedCharacterOfTrdArr_369c19" order="10" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArr" xlink:label="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArr_376ad4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArr_376ad4" order="11" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrIndNameOne" xlink:label="loc_pedTrdArrIndNameOne_edaed0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrIndNameOne_edaed0" order="12" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrIndTitleOne" xlink:label="loc_pedTrdArrIndTitleOne_49b60b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrIndTitleOne_49b60b" order="13" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrAdoptionDateOne" xlink:label="loc_pedTrdArrAdoptionDateOne_09012d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrAdoptionDateOne_09012d" order="14" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrExpirationDateOne" xlink:label="loc_pedTrdArrExpirationDateOne_d853af" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrExpirationDateOne_d853af" order="15" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CharacterOfTrdArrOne" xlink:label="loc_pedCharacterOfTrdArrOne_f628db" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedCharacterOfTrdArrOne_f628db" order="16" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrOne" xlink:label="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrOne_1159eb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrOne_1159eb" order="17" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrIndNameTwo" xlink:label="loc_pedTrdArrIndNameTwo_5bc2f7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrIndNameTwo_5bc2f7" order="18" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrIndTitleTwo" xlink:label="loc_pedTrdArrIndTitleTwo_1ddce2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrIndTitleTwo_1ddce2" order="19" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrAdoptionDateTwo" xlink:label="loc_pedTrdArrAdoptionDateTwo_fa62a8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrAdoptionDateTwo_fa62a8" order="20" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrExpirationDateTwo" xlink:label="loc_pedTrdArrExpirationDateTwo_60e661" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrExpirationDateTwo_60e661" order="21" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CharacterOfTrdArrTwo" xlink:label="loc_pedCharacterOfTrdArrTwo_ffe614" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedCharacterOfTrdArrTwo_ffe614" order="22" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrTwo" xlink:label="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrTwo_4eef25" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrTwo_4eef25" order="23" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrIndNameThree" xlink:label="loc_pedTrdArrIndNameThree_46e8f8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrIndNameThree_46e8f8" order="24" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrIndTitleThree" xlink:label="loc_pedTrdArrIndTitleThree_8c23c5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrIndTitleThree_8c23c5" order="25" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrAdoptionDateThree" xlink:label="loc_pedTrdArrAdoptionDateThree_c860dd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrAdoptionDateThree_c860dd" order="26" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdArrExpirationDateThree" xlink:label="loc_pedTrdArrExpirationDateThree_d448d4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedTrdArrExpirationDateThree_d448d4" order="27" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CharacterOfTrdArrThree" xlink:label="loc_pedCharacterOfTrdArrThree_8c16eb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedCharacterOfTrdArrThree_8c16eb" order="28" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrThree" xlink:label="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrThree_0d4ecb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingArrLineItems_64ec14" xlink:to="loc_pedAggrNmbrOfCommonStockToBePurchasedOrSoldPursuantToTrdArrThree_0d4ecb" order="29" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/InsiderTradingPoliciesProc" xlink:title="995447 - Disclosure - Disclosure - Corporate Governance Insider TradingAnti-Hedging Policies">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTradingPoliciesProcLineItems" xlink:label="loc_ecdInsiderTradingPoliciesProcLineItems_00822f" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MtrlTermsOfTrdArrTextBlock" xlink:label="loc_ecdMtrlTermsOfTrdArrTextBlock_05f368" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdInsiderTradingPoliciesProcLineItems_00822f" xlink:to="loc_ecdMtrlTermsOfTrdArrTextBlock_05f368" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/AwardTimingDisclosure" xlink:title="995448 - Disclosure - Disclosure - Policy on Timing of Award Grants">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgDiscLineItems" xlink:label="loc_ecdAwardTmgDiscLineItems_d14ea6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMnpiDiscTextBlock" xlink:label="loc_ecdAwardTmgMnpiDiscTextBlock_56fd37" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdAwardTmgDiscLineItems_d14ea6" xlink:to="loc_ecdAwardTmgMnpiDiscTextBlock_56fd37" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/ecd/role/ErrCompDisclosure" xlink:title="995449 - Disclosure - Disclosure - Compensation Recovery and Clawback Policies">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RecoveryOfErrCompDisclosureLineItems" xlink:label="loc_ecdRecoveryOfErrCompDisclosureLineItems_30f4c5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ErrCompsAnalysisTextBlock" xlink:label="loc_pedErrCompsAnalysisTextBlock_7d2b70" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecdRecoveryOfErrCompDisclosureLineItems_30f4c5" xlink:to="loc_pedErrCompsAnalysisTextBlock_7d2b70" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DisclosureTradingArrangements" xlink:title="995450 - Disclosure - Disclosure - Trading Arrangements">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TradingArrangementsOnly" xlink:label="loc_pedTradingArrangementsOnly_4e2024" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_Rule10b51DisclosuresLineItems" xlink:label="loc_pedRule10b51DisclosuresLineItems_b37ea8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedTradingArrangementsOnly_4e2024" xlink:to="loc_pedRule10b51DisclosuresLineItems_b37ea8" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TrdPlansArrTextBlock" xlink:label="loc_pedTrdPlansArrTextBlock_fde819" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedRule10b51DisclosuresLineItems_b37ea8" xlink:to="loc_pedTrdPlansArrTextBlock_fde819" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/BasisOfPresentation" xlink:title="995551 - Disclosure - BASIS OF PRESENTATION">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BasisOfPresentationAbstract" xlink:label="loc_pedBasisOfPresentationAbstract_058248" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaapBasisOfPresentationAndSignificantAccountingPoliciesTextBlock_33ccf6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedBasisOfPresentationAbstract_058248" xlink:to="loc_us-gaapBasisOfPresentationAndSignificantAccountingPoliciesTextBlock_33ccf6" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DescriptionOfBusiness" xlink:title="995552 - Disclosure - DESCRIPTION OF BUSINESS">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DescriptionOfBusinessAbstract" xlink:label="loc_pedDescriptionOfBusinessAbstract_7ca2a5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:label="loc_us-gaapBusinessDescriptionAndBasisOfPresentationTextBlock_5aae70" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDescriptionOfBusinessAbstract_7ca2a5" xlink:to="loc_us-gaapBusinessDescriptionAndBasisOfPresentationTextBlock_5aae70" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SummaryOfSignificantAccountingPolicies" xlink:title="995553 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SummaryOfSignificantAccountingPoliciesAbstract" xlink:label="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_b59c73" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaapSignificantAccountingPoliciesTextBlock_d7af05" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_b59c73" xlink:to="loc_us-gaapSignificantAccountingPoliciesTextBlock_d7af05" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CASH" xlink:title="995554 - Disclosure - CASH">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CashAbstract" xlink:label="loc_pedCashAbstract_b0303e" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsDisclosureTextBlock" xlink:label="loc_us-gaapCashAndCashEquivalentsDisclosureTextBlock_1cf354" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCashAbstract_b0303e" xlink:to="loc_us-gaapCashAndCashEquivalentsDisclosureTextBlock_1cf354" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/RevenueFromContractsWithCustomers" xlink:title="995555 - Disclosure - REVENUE FROM CONTRACTS WITH CUSTOMERS">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerAbstract" xlink:label="loc_us-gaapRevenueFromContractWithCustomerAbstract_788cf4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:label="loc_us-gaapRevenueFromContractWithCustomerTextBlock_004b0d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenueFromContractWithCustomerAbstract_788cf4" xlink:to="loc_us-gaapRevenueFromContractWithCustomerTextBlock_004b0d" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/MergerAcquisition" xlink:title="995556 - Disclosure - MERGER ACQUISITION">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_MergerAcquisitionAbstract" xlink:label="loc_pedMergerAcquisitionAbstract_4093b8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:label="loc_us-gaapMergersAcquisitionsAndDispositionsDisclosuresTextBlock_59964d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedMergerAcquisitionAbstract_4093b8" xlink:to="loc_us-gaapMergersAcquisitionsAndDispositionsDisclosuresTextBlock_59964d" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/OilAndGasProperties" xlink:title="995557 - Disclosure - OIL AND GAS PROPERTIES">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OilAndGasPropertiesAbstract" xlink:label="loc_pedOilAndGasPropertiesAbstract_2983c8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertiesTextBlock" xlink:label="loc_us-gaapOilAndGasPropertiesTextBlock_2551c7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedOilAndGasPropertiesAbstract_2983c8" xlink:to="loc_us-gaapOilAndGasPropertiesTextBlock_2551c7" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/NoteReceivable" xlink:title="995558 - Disclosure - NOTE RECEIVABLE">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NoteReceivableAbstract" xlink:label="loc_pedNoteReceivableAbstract_713e64" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NoteReceivableDisclosureTextBlock" xlink:label="loc_pedNoteReceivableDisclosureTextBlock_b74ebe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedNoteReceivableAbstract_713e64" xlink:to="loc_pedNoteReceivableDisclosureTextBlock_b74ebe" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/RevolvingCreditFacility" xlink:title="995559 - Disclosure - REVOLVING CREDIT FACILITY">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RevolvingCreditFacilityAbstract" xlink:label="loc_pedRevolvingCreditFacilityAbstract_52113a" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RevolvingCreditFacilityTextBlock" xlink:label="loc_pedRevolvingCreditFacilityTextBlock_852b06" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedRevolvingCreditFacilityAbstract_52113a" xlink:to="loc_pedRevolvingCreditFacilityTextBlock_852b06" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DERIVATIVES" xlink:title="995560 - Disclosure - DERIVATIVES">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativesAbstract" xlink:label="loc_pedDerivativesAbstract_341406" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DisclosureOfDerivativesTextBlock" xlink:label="loc_pedDisclosureOfDerivativesTextBlock_535715" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_341406" xlink:to="loc_pedDisclosureOfDerivativesTextBlock_535715" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/FairValueMeasurements" xlink:title="995561 - Disclosure - FAIR VALUE MEASUREMENTS">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FairValueMeasurementsAbstract" xlink:label="loc_pedFairValueMeasurementsAbstract_d23553" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaapFairValueDisclosuresTextBlock_82d71b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedFairValueMeasurementsAbstract_d23553" xlink:to="loc_us-gaapFairValueDisclosuresTextBlock_82d71b" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/AssetRetirementObligation" xlink:title="995562 - Disclosure - ASSET RETIREMENT OBLIGATION">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationAbstract" xlink:label="loc_us-gaapAssetRetirementObligationAbstract_735ad9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationDisclosureTextBlock" xlink:label="loc_us-gaapAssetRetirementObligationDisclosureTextBlock_191911" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_735ad9" xlink:to="loc_us-gaapAssetRetirementObligationDisclosureTextBlock_191911" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CommitmentsAndContingencies" xlink:title="995563 - Disclosure - COMMITMENTS AND CONTINGENCIES">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CommitmentsAndContingenciesAbstract" xlink:label="loc_pedCommitmentsAndContingenciesAbstract_a6f4ff" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureTextBlock_32121e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_a6f4ff" xlink:to="loc_us-gaapCommitmentsAndContingenciesDisclosureTextBlock_32121e" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/ShareholdersEquity" xlink:title="995564 - Disclosure - SHAREHOLDERS EQUITY">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ShareholdersEquityAbstract" xlink:label="loc_pedShareholdersEquityAbstract_eda06a" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="loc_us-gaapStockholdersEquityNoteDisclosureTextBlock_aecdd9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedShareholdersEquityAbstract_eda06a" xlink:to="loc_us-gaapStockholdersEquityNoteDisclosureTextBlock_aecdd9" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SharebasedCompensation" xlink:title="995565 - Disclosure - SHAREBASED COMPENSATION">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharebasedCompensationAbstract" xlink:label="loc_pedSharebasedCompensationAbstract_55b5d4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock" xlink:label="loc_us-gaapShareholdersEquityAndShareBasedPaymentsTextBlock_e8b190" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_55b5d4" xlink:to="loc_us-gaapShareholdersEquityAndShareBasedPaymentsTextBlock_e8b190" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/EarningsPerCommonShare" xlink:title="995566 - Disclosure - EARNINGS PER COMMON SHARE">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract_40a6dc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaapEarningsPerShareTextBlock_f3235d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_40a6dc" xlink:to="loc_us-gaapEarningsPerShareTextBlock_f3235d" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/IncomeTaxes" xlink:title="995567 - Disclosure - INCOME TAXES">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_6816d4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaapIncomeTaxDisclosureTextBlock_b875cf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_6816d4" xlink:to="loc_us-gaapIncomeTaxDisclosureTextBlock_b875cf" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SegmentInformation" xlink:title="995568 - Disclosure - SEGMENT INFORMATION">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SegmentInformationAbstract" xlink:label="loc_pedSegmentInformationAbstract_716947" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaapSegmentReportingDisclosureTextBlock_5f5c7c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSegmentInformationAbstract_716947" xlink:to="loc_us-gaapSegmentReportingDisclosureTextBlock_5f5c7c" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SubsequentEvents" xlink:title="995569 - Disclosure - SUBSEQUENT EVENTS">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaapSubsequentEventsAbstract_9599d4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaapSubsequentEventsTextBlock_591ada" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventsAbstract_9599d4" xlink:to="loc_us-gaapSubsequentEventsTextBlock_591ada" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:title="995570 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SummaryOfSignificantAccountingPoliciesAbstract" xlink:label="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaapBasisOfAccountingPolicyPolicyTextBlock_7fa950" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapBasisOfAccountingPolicyPolicyTextBlock_7fa950" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaapUseOfEstimates_5a31f5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapUseOfEstimates_5a31f5" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaapCashAndCashEquivalentsPolicyTextBlock_5ea771" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapCashAndCashEquivalentsPolicyTextBlock_5ea771" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskCreditRisk" xlink:label="loc_us-gaapConcentrationRiskCreditRisk_c7dd1d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapConcentrationRiskCreditRisk_c7dd1d" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:label="loc_us-gaapTradeAndOtherAccountsReceivablePolicy_bd4e24" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapTradeAndOtherAccountsReceivablePolicy_bd4e24" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationsPolicy" xlink:label="loc_us-gaapBusinessCombinationsPolicy_8cd890" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapBusinessCombinationsPolicy_8cd890" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CreditLossExpensePolicyTextBlock" xlink:label="loc_pedCreditLossExpensePolicyTextBlock_4f1ebb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_pedCreditLossExpensePolicyTextBlock_4f1ebb" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaapPropertyPlantAndEquipmentPolicyTextBlock_18dc42" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapPropertyPlantAndEquipmentPolicyTextBlock_18dc42" order="8" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OilAndGasPropertiesSuccessfulEffortsMethodPolicyTextBlock" xlink:label="loc_pedOilAndGasPropertiesSuccessfulEffortsMethodPolicyTextBlock_efb63b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_pedOilAndGasPropertiesSuccessfulEffortsMethodPolicyTextBlock_efb63b" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:label="loc_us-gaapImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_f435dc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_f435dc" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationsPolicy" xlink:label="loc_us-gaapAssetRetirementObligationsPolicy_2939ad" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapAssetRetirementObligationsPolicy_2939ad" order="11" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:label="loc_us-gaapFairValueOfFinancialInstrumentsPolicy_84909f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapFairValueOfFinancialInstrumentsPolicy_84909f" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaapRevenueRecognitionPolicyTextBlock_804504" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapRevenueRecognitionPolicyTextBlock_804504" order="13" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaapIncomeTaxPolicyTextBlock_f9ba78" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapIncomeTaxPolicyTextBlock_f9ba78" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxUncertaintiesPolicy" xlink:label="loc_us-gaapIncomeTaxUncertaintiesPolicy_db1f31" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapIncomeTaxUncertaintiesPolicy_db1f31" order="15" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="loc_us-gaapShareBasedCompensationOptionAndIncentivePlansPolicy_119d65" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapShareBasedCompensationOptionAndIncentivePlansPolicy_119d65" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="loc_us-gaapDerivativesPolicyTextBlock_9dc00d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapDerivativesPolicyTextBlock_9dc00d" order="17" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaapEarningsPerSharePolicyTextBlock_87b3d2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapEarningsPerSharePolicyTextBlock_87b3d2" order="18" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaapNewAccountingPronouncementsPolicyPolicyTextBlock_62e0b0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapNewAccountingPronouncementsPolicyPolicyTextBlock_62e0b0" order="19" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsPolicyPolicyTextBlock" xlink:label="loc_us-gaapSubsequentEventsPolicyPolicyTextBlock_6fcb17" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_8a1a06" xlink:to="loc_us-gaapSubsequentEventsPolicyPolicyTextBlock_6fcb17" order="20" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CashTables" xlink:title="995571 - Disclosure - CASH (Tables)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CashAbstract" xlink:label="loc_pedCashAbstract_52a177" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock" xlink:label="loc_us-gaapScheduleOfRestrictedCashAndCashEquivalentsTextBlock_39b20e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCashAbstract_52a177" xlink:to="loc_us-gaapScheduleOfRestrictedCashAndCashEquivalentsTextBlock_39b20e" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/RevenueFromContractsWithCustomersTables" xlink:title="995572 - Disclosure - REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerAbstract" xlink:label="loc_us-gaapRevenueFromContractWithCustomerAbstract_dfc8b8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisaggregationOfRevenueTableTextBlock" xlink:label="loc_us-gaapDisaggregationOfRevenueTableTextBlock_805f3b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenueFromContractWithCustomerAbstract_dfc8b8" xlink:to="loc_us-gaapDisaggregationOfRevenueTableTextBlock_805f3b" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/MergerAcquisitionTables" xlink:title="995573 - Disclosure - MERGER ACQUISITION (Tables)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_MergerAcquisitionAbstract" xlink:label="loc_pedMergerAcquisitionAbstract_0c85bb" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ScheduleOfInputsAndAssumptionsUsedInValuingThesePropertiesTableTextBlock" xlink:label="loc_pedScheduleOfInputsAndAssumptionsUsedInValuingThesePropertiesTableTextBlock_728505" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedMergerAcquisitionAbstract_0c85bb" xlink:to="loc_pedScheduleOfInputsAndAssumptionsUsedInValuingThesePropertiesTableTextBlock_728505" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ScheduleOfUnauditedProFormaInformationTextBlock" xlink:label="loc_pedScheduleOfUnauditedProFormaInformationTextBlock_86c76a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedMergerAcquisitionAbstract_0c85bb" xlink:to="loc_pedScheduleOfUnauditedProFormaInformationTextBlock_86c76a" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/OilAndGasPropertiesTables" xlink:title="995574 - Disclosure - OIL AND GAS PROPERTIES (Tables)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OilAndGasPropertiesAbstract" xlink:label="loc_pedOilAndGasPropertiesAbstract_6601e9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScheduleOfOilAndGasInProcessActivitiesTextBlock" xlink:label="loc_srtScheduleOfOilAndGasInProcessActivitiesTextBlock_91ee4e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedOilAndGasPropertiesAbstract_6601e9" xlink:to="loc_srtScheduleOfOilAndGasInProcessActivitiesTextBlock_91ee4e" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DerivativesTables" xlink:title="995575 - Disclosure - DERIVATIVES (Tables)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativesAbstract" xlink:label="loc_pedDerivativesAbstract_b1426a" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:label="loc_us-gaapScheduleOfDerivativeInstrumentsTextBlock_18fef4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_b1426a" xlink:to="loc_us-gaapScheduleOfDerivativeInstrumentsTextBlock_18fef4" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock" xlink:label="loc_us-gaapScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_fce013" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_b1426a" xlink:to="loc_us-gaapScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock_fce013" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/FairValueMeasurementsTables" xlink:title="995576 - Disclosure - FAIR VALUE MEASUREMENTS (Tables)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FairValueMeasurementsAbstract" xlink:label="loc_pedFairValueMeasurementsAbstract_574d4e" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock" xlink:label="loc_us-gaapScheduleOfDerivativeAssetsAtFairValueTableTextBlock_1bd8a0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedFairValueMeasurementsAbstract_574d4e" xlink:to="loc_us-gaapScheduleOfDerivativeAssetsAtFairValueTableTextBlock_1bd8a0" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/AssetRetirementObligationsTables" xlink:title="995577 - Disclosure - ASSET RETIREMENT OBLIGATIONS (Tables)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationAbstract" xlink:label="loc_us-gaapAssetRetirementObligationAbstract_b20450" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfAssetRetirementObligationsTableTextBlock" xlink:label="loc_us-gaapScheduleOfAssetRetirementObligationsTableTextBlock_261bd9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_b20450" xlink:to="loc_us-gaapScheduleOfAssetRetirementObligationsTableTextBlock_261bd9" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CommitmentsAndContingenciesTables" xlink:title="995578 - Disclosure - COMMITMENTS AND CONTINGENCIES (Tables)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CommitmentsAndContingenciesAbstract" xlink:label="loc_pedCommitmentsAndContingenciesAbstract_6b7db0" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock" xlink:label="loc_us-gaapScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_2fc4cc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_6b7db0" xlink:to="loc_us-gaapScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_2fc4cc" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SupplementalBalanceSheetInformationTableTextBlock" xlink:label="loc_pedSupplementalBalanceSheetInformationTableTextBlock_98db05" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_6b7db0" xlink:to="loc_pedSupplementalBalanceSheetInformationTableTextBlock_98db05" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLeaseIncomeTableTextBlock" xlink:label="loc_us-gaapOperatingLeaseLeaseIncomeTableTextBlock_b4dc55" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_6b7db0" xlink:to="loc_us-gaapOperatingLeaseLeaseIncomeTableTextBlock_b4dc55" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SharebasedCompensationTables" xlink:title="995579 - Disclosure - SHAREBASED COMPENSATION (Tables)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharebasedCompensationAbstract" xlink:label="loc_pedSharebasedCompensationAbstract_f45b95" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock" xlink:label="loc_us-gaapScheduleOfNonvestedShareActivityTableTextBlock_72b4e5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_f45b95" xlink:to="loc_us-gaapScheduleOfNonvestedShareActivityTableTextBlock_72b4e5" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaapScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_a4ca0b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_f45b95" xlink:to="loc_us-gaapScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_a4ca0b" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/EarningsPerCommonShareTables" xlink:title="995580 - Disclosure - EARNINGS PER COMMON SHARE (Tables)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract_ebf60e" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaapScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_f943ee" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_ebf60e" xlink:to="loc_us-gaapScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_f943ee" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/IncomeTaxesTables" xlink:title="995581 - Disclosure - INCOME TAXES (Tables)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_036b32" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ScheduleOfIncomeTaxProvisionsBreakdownTableTextBlock" xlink:label="loc_pedScheduleOfIncomeTaxProvisionsBreakdownTableTextBlock_3310d6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_036b32" xlink:to="loc_pedScheduleOfIncomeTaxProvisionsBreakdownTableTextBlock_3310d6" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="loc_us-gaapScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_64905f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_036b32" xlink:to="loc_us-gaapScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_64905f" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_us-gaapScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_1718b2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_036b32" xlink:to="loc_us-gaapScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_1718b2" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/BasisOfPresentationDetailsNarrative" xlink:title="995582 - Disclosure - BASIS OF PRESENTATION (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BasisOfPresentationAbstract" xlink:label="loc_pedBasisOfPresentationAbstract_866185" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_967001" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedBasisOfPresentationAbstract_866185" xlink:to="loc_us-gaapStatementTable_967001" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_f84b48" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_967001" xlink:to="loc_us-gaapStatementLineItems_f84b48" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaapSubsequentEventTypeAxis_8e89e7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_967001" xlink:to="loc_us-gaapSubsequentEventTypeAxis_8e89e7" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaapSubsequentEventTypeDomain_1f785c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeAxis_8e89e7" xlink:to="loc_us-gaapSubsequentEventTypeDomain_1f785c" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:label="loc_us-gaapSubsidiarySaleOfStockAxis_afb7d8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_967001" xlink:to="loc_us-gaapSubsidiarySaleOfStockAxis_afb7d8" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SaleOfStockNameOfTransactionDomain" xlink:label="loc_us-gaapSaleOfStockNameOfTransactionDomain_85807d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsidiarySaleOfStockAxis_afb7d8" xlink:to="loc_us-gaapSaleOfStockNameOfTransactionDomain_85807d" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaapSubsequentEventMember_b4cf36" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeDomain_1f785c" xlink:to="loc_us-gaapSubsequentEventMember_b4cf36" order="1041" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ReverseStockSplitMember" xlink:label="loc_pedReverseStockSplitMember_9299be" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSaleOfStockNameOfTransactionDomain_85807d" xlink:to="loc_pedReverseStockSplitMember_9299be" order="1042" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityReverseStockSplit" xlink:label="loc_us-gaapStockholdersEquityReverseStockSplit_4c09bc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f84b48" xlink:to="loc_us-gaapStockholdersEquityReverseStockSplit_4c09bc" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaapCommonStockParOrStatedValuePerShare_32fc6b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f84b48" xlink:to="loc_us-gaapCommonStockParOrStatedValuePerShare_32fc6b" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaapCommonStockSharesIssued_6d495e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f84b48" xlink:to="loc_us-gaapCommonStockSharesIssued_6d495e" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaapCommonStockSharesOutstanding_0671e6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f84b48" xlink:to="loc_us-gaapCommonStockSharesOutstanding_0671e6" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:title="995583 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SummaryOfSignificantAccountingPoliciesAbstract" xlink:label="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_90a9b3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_64916d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSummaryOfSignificantAccountingPoliciesAbstract_90a9b3" xlink:to="loc_us-gaapStatementTable_64916d" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_2a5c13" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_64916d" xlink:to="loc_us-gaapStatementLineItems_2a5c13" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MajorCustomersAxis" xlink:label="loc_srtMajorCustomersAxis_fa9a09" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_64916d" xlink:to="loc_srtMajorCustomersAxis_fa9a09" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_NameOfMajorCustomerDomain" xlink:label="loc_srtNameOfMajorCustomerDomain_21dc6c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtMajorCustomersAxis_fa9a09" xlink:to="loc_srtNameOfMajorCustomerDomain_21dc6c" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="loc_us-gaapConcentrationRiskByTypeAxis_676530" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_64916d" xlink:to="loc_us-gaapConcentrationRiskByTypeAxis_676530" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="loc_us-gaapConcentrationRiskTypeDomain_e30dc6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapConcentrationRiskByTypeAxis_676530" xlink:to="loc_us-gaapConcentrationRiskTypeDomain_e30dc6" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:label="loc_us-gaapConcentrationRiskByBenchmarkAxis_c5a020" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_64916d" xlink:to="loc_us-gaapConcentrationRiskByBenchmarkAxis_c5a020" order="1060" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskBenchmarkDomain" xlink:label="loc_us-gaapConcentrationRiskBenchmarkDomain_26bd64" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapConcentrationRiskByBenchmarkAxis_c5a020" xlink:to="loc_us-gaapConcentrationRiskBenchmarkDomain_26bd64" order="1060" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_024230" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_64916d" xlink:to="loc_us-gaapPlanNameAxis_024230" order="1080" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_aed687" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_024230" xlink:to="loc_us-gaapPlanNameDomain_aed687" order="1080" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CustomerOneMember" xlink:label="loc_pedCustomerOneMember_f4e904" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_21dc6c" xlink:to="loc_pedCustomerOneMember_f4e904" order="1081" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CustomerConcentrationRiskMember" xlink:label="loc_us-gaapCustomerConcentrationRiskMember_6900b5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapConcentrationRiskTypeDomain_e30dc6" xlink:to="loc_us-gaapCustomerConcentrationRiskMember_6900b5" order="1082" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RevenueBenchmarkMember" xlink:label="loc_pedRevenueBenchmarkMember_799319" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapConcentrationRiskBenchmarkDomain_26bd64" xlink:to="loc_pedRevenueBenchmarkMember_799319" order="1083" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CustomerTwoMember" xlink:label="loc_pedCustomerTwoMember_7c4c80" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_21dc6c" xlink:to="loc_pedCustomerTwoMember_7c4c80" order="1084" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OneThirdPartyOperatorMember" xlink:label="loc_pedOneThirdPartyOperatorMember_a1d815" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_21dc6c" xlink:to="loc_pedOneThirdPartyOperatorMember_a1d815" order="1085" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BottomMember" xlink:label="loc_pedBottomMember_5c2b50" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_aed687" xlink:to="loc_pedBottomMember_5c2b50" order="1086" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TopMember" xlink:label="loc_pedTopMember_9540a6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_aed687" xlink:to="loc_pedTopMember_9540a6" order="1087" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CustomerThreeMember" xlink:label="loc_pedCustomerThreeMember_8702da" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_21dc6c" xlink:to="loc_pedCustomerThreeMember_8702da" order="1088" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ConvertibleSharesOfCommonStock" xlink:label="loc_pedConvertibleSharesOfCommonStock_2bf577" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_pedConvertibleSharesOfCommonStock_2bf577" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="loc_us-gaapConcentrationRiskPercentage1_eac322" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_us-gaapConcentrationRiskPercentage1_eac322" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PropertyPlantAndEquipmentEstimatedUsefulLife" xlink:label="loc_pedPropertyPlantAndEquipmentEstimatedUsefulLife_e1c872" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_pedPropertyPlantAndEquipmentEstimatedUsefulLife_e1c872" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_GainLossOnSaleOfNoteReceivable" xlink:label="loc_pedGainLossOnSaleOfNoteReceivable_c2df4e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_pedGainLossOnSaleOfNoteReceivable_c2df4e" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4cff50" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_us-gaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4cff50" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_StockOptionsToPurchase" xlink:label="loc_pedStockOptionsToPurchase_5c4d8d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_pedStockOptionsToPurchase_5c4d8d" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharesOfConvertiblePreferredStockOutstanding" xlink:label="loc_pedSharesOfConvertiblePreferredStockOutstanding_accf69" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_pedSharesOfConvertiblePreferredStockOutstanding_accf69" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaapAccountsReceivableNet_4dee9a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_us-gaapAccountsReceivableNet_4dee9a" order="8" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AccountsReceivablesFromJointInterestOwners" xlink:label="loc_pedAccountsReceivablesFromJointInterestOwners_b9a529" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2a5c13" xlink:to="loc_pedAccountsReceivablesFromJointInterestOwners_b9a529" order="9" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CashDetails" xlink:title="995584 - Disclosure - CASH (Details)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CashAbstract" xlink:label="loc_pedCashAbstract_67dd95" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Cash" xlink:label="loc_us-gaapCash_5412e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCashAbstract_67dd95" xlink:to="loc_us-gaapCash_5412e3" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RestrictedCashEquivalents" xlink:label="loc_us-gaapRestrictedCashEquivalents_276a71" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCashAbstract_67dd95" xlink:to="loc_us-gaapRestrictedCashEquivalents_276a71" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_70c413" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCashAbstract_67dd95" xlink:to="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_70c413" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/RevenueFromContractsWithCustomersDetails" xlink:title="995585 - Disclosure - REVENUE FROM CONTRACTS WITH CUSTOMERS (Details)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerAbstract" xlink:label="loc_us-gaapRevenueFromContractWithCustomerAbstract_998c2c" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_8a51a0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenueFromContractWithCustomerAbstract_998c2c" xlink:to="loc_us-gaapStatementTable_8a51a0" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_095010" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8a51a0" xlink:to="loc_us-gaapStatementLineItems_095010" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis_f11443" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8a51a0" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis_f11443" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain_f74a9d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis_f11443" xlink:to="loc_us-gaapSegmentDomain_f74a9d" order="1020" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OilSalesMember" xlink:label="loc_pedOilSalesMember_e7e259" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain_f74a9d" xlink:to="loc_pedOilSalesMember_e7e259" order="1021" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NaturalGasSalesMember" xlink:label="loc_pedNaturalGasSalesMember_c0af95" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain_f74a9d" xlink:to="loc_pedNaturalGasSalesMember_c0af95" order="1022" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NaturalGasLiquidsSalesMember" xlink:label="loc_pedNaturalGasLiquidsSalesMember_aa6f8b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain_f74a9d" xlink:to="loc_pedNaturalGasLiquidsSalesMember_aa6f8b" order="1023" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenueFromContractWithCustomerIncludingAssessedTax" xlink:label="loc_us-gaapRevenueFromContractWithCustomerIncludingAssessedTax_ade89c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_095010" xlink:to="loc_us-gaapRevenueFromContractWithCustomerIncludingAssessedTax_ade89c" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/MergerAcquisitionDetails" xlink:title="995586 - Disclosure - MERGER ACQUISITION (Details)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_MergerAcquisitionAbstract" xlink:label="loc_pedMergerAcquisitionAbstract_3e70b0" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ConsiderationAbstract" xlink:label="loc_pedConsiderationAbstract_d788a3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedMergerAcquisitionAbstract_3e70b0" xlink:to="loc_pedConsiderationAbstract_d788a3" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationConsiderationSeriesAConvertiblePreferredStock" xlink:label="loc_pedBusinessCombinationConsiderationSeriesAConvertiblePreferredStock_f9c352" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedConsiderationAbstract_d788a3" xlink:to="loc_pedBusinessCombinationConsiderationSeriesAConvertiblePreferredStock_f9c352" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationConsiderationFairValuePerShareOfPreferredStock" xlink:label="loc_pedBusinessCombinationConsiderationFairValuePerShareOfPreferredStock_5ff6be" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedConsiderationAbstract_d788a3" xlink:to="loc_pedBusinessCombinationConsiderationFairValuePerShareOfPreferredStock_5ff6be" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationConsiderationCommonStockConsiderationNetOfEstimatedLiabilitiesAssumed" xlink:label="loc_pedBusinessCombinationConsiderationCommonStockConsiderationNetOfEstimatedLiabilitiesAssumed_82c9b9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedConsiderationAbstract_d788a3" xlink:to="loc_pedBusinessCombinationConsiderationCommonStockConsiderationNetOfEstimatedLiabilitiesAssumed_82c9b9" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationConsiderationCashPaidToSettleNorthPeakDebt" xlink:label="loc_pedBusinessCombinationConsiderationCashPaidToSettleNorthPeakDebt_24dc0f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedConsiderationAbstract_d788a3" xlink:to="loc_pedBusinessCombinationConsiderationCashPaidToSettleNorthPeakDebt_24dc0f" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationConsiderationTransferred" xlink:label="loc_pedBusinessCombinationConsiderationTransferred_b78cf9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedConsiderationAbstract_d788a3" xlink:to="loc_pedBusinessCombinationConsiderationTransferred_b78cf9" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedConsiderationAbstract_d788a3" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_a83273" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents_a83273" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_831380" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables_831380" order="9" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsCommodityDerivativeAsset" xlink:label="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsCommodityDerivativeAsset_3c934e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsCommodityDerivativeAsset_3c934e" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_cf0db2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets_cf0db2" order="11" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEvaluatedOilAndGasProperties" xlink:label="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEvaluatedOilAndGasProperties_b28d4c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEvaluatedOilAndGasProperties_b28d4c" order="12" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedUnevaluatedOilAndGasProperties" xlink:label="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedUnevaluatedOilAndGasProperties_7f050b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedUnevaluatedOilAndGasProperties_7f050b" order="13" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetRetirementCosts" xlink:label="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetRetirementCosts_54cd4d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetRetirementCosts_54cd4d" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets_b560e5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets_b560e5" order="15" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_7ec8e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets_7ec8e3" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAbstract_502cd0" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" order="17" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable_6be8f2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable_6be8f2" order="18" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAssetRetirementObligation" xlink:label="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAssetRetirementObligation_54e6d6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" xlink:to="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAssetRetirementObligation_54e6d6" order="19" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesAssetRetirementObligation" xlink:label="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesAssetRetirementObligation_1a0def" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" xlink:to="loc_pedBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesAssetRetirementObligation_1a0def" order="20" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_65240d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther_65240d" order="21" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_e368ea" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities_e368ea" order="22" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet" xlink:label="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_54f9b7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesAbstract_dfad3a" xlink:to="loc_us-gaapBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_54f9b7" order="23" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/MergerAcquisitionDetails1" xlink:title="995587 - Disclosure - MERGER ACQUISITION (Details 1)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_MergerAcquisitionAbstract" xlink:label="loc_pedMergerAcquisitionAbstract_90d4c8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_3fde63" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedMergerAcquisitionAbstract_90d4c8" xlink:to="loc_us-gaapStatementTable_3fde63" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_55c43f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_3fde63" xlink:to="loc_us-gaapStatementLineItems_55c43f" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetAcquisitionAxis" xlink:label="loc_us-gaapAssetAcquisitionAxis_c53907" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_3fde63" xlink:to="loc_us-gaapAssetAcquisitionAxis_c53907" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetAcquisitionDomain" xlink:label="loc_us-gaapAssetAcquisitionDomain_7609e4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetAcquisitionAxis_c53907" xlink:to="loc_us-gaapAssetAcquisitionDomain_7609e4" order="1020" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ProFormaCombinedMember" xlink:label="loc_pedProFormaCombinedMember_1111b1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetAcquisitionDomain_7609e4" xlink:to="loc_pedProFormaCombinedMember_1111b1" order="1021" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessAcquisitionsProFormaRevenue" xlink:label="loc_us-gaapBusinessAcquisitionsProFormaRevenue_a27915" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_55c43f" xlink:to="loc_us-gaapBusinessAcquisitionsProFormaRevenue_a27915" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss" xlink:label="loc_us-gaapBusinessAcquisitionsProFormaNetIncomeLoss_14e3ba" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_55c43f" xlink:to="loc_us-gaapBusinessAcquisitionsProFormaNetIncomeLoss_14e3ba" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessAcquisitionProFormaEarningsPerShareDiluted" xlink:label="loc_us-gaapBusinessAcquisitionProFormaEarningsPerShareDiluted_9de81d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_55c43f" xlink:to="loc_us-gaapBusinessAcquisitionProFormaEarningsPerShareDiluted_9de81d" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessAcquisitionProFormaEarningsPerShareBasic" xlink:label="loc_us-gaapBusinessAcquisitionProFormaEarningsPerShareBasic_a876c7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_55c43f" xlink:to="loc_us-gaapBusinessAcquisitionProFormaEarningsPerShareBasic_a876c7" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/MergerAcquisitionDetailsNarrative" xlink:title="995588 - Disclosure - MERGER ACQUISITION (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_MergerAcquisitionAbstract" xlink:label="loc_pedMergerAcquisitionAbstract_e604ce" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_476962" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedMergerAcquisitionAbstract_e604ce" xlink:to="loc_us-gaapStatementTable_476962" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_d34a81" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_476962" xlink:to="loc_us-gaapStatementLineItems_d34a81" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MajorCustomersAxis" xlink:label="loc_srtMajorCustomersAxis_2fef34" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_476962" xlink:to="loc_srtMajorCustomersAxis_2fef34" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_NameOfMajorCustomerDomain" xlink:label="loc_srtNameOfMajorCustomerDomain_d79178" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtMajorCustomersAxis_2fef34" xlink:to="loc_srtNameOfMajorCustomerDomain_d79178" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_8e0da1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_476962" xlink:to="loc_us-gaapPlanNameAxis_8e0da1" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_391aff" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_8e0da1" xlink:to="loc_us-gaapPlanNameDomain_391aff" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaapSubsequentEventTypeAxis_b14e20" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_476962" xlink:to="loc_us-gaapSubsequentEventTypeAxis_b14e20" order="1030" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaapSubsequentEventTypeDomain_e90a26" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeAxis_b14e20" xlink:to="loc_us-gaapSubsequentEventTypeDomain_e90a26" order="1030" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CustomerOneMember" xlink:label="loc_pedCustomerOneMember_283334" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_d79178" xlink:to="loc_pedCustomerOneMember_283334" order="1031" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BottomMember" xlink:label="loc_pedBottomMember_0a4b01" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_391aff" xlink:to="loc_pedBottomMember_0a4b01" order="1032" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaapSubsequentEventMember_6d7319" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeDomain_e90a26" xlink:to="loc_us-gaapSubsequentEventMember_6d7319" order="1033" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TopMember" xlink:label="loc_pedTopMember_d07c35" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_391aff" xlink:to="loc_pedTopMember_d07c35" order="1034" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CustomerTwoMember" xlink:label="loc_pedCustomerTwoMember_f7c527" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_d79178" xlink:to="loc_pedCustomerTwoMember_f7c527" order="1035" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_EquityMethodInvestmentsOwnershipPercentage" xlink:label="loc_pedEquityMethodInvestmentsOwnershipPercentage_6bf487" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedEquityMethodInvestmentsOwnershipPercentage_6bf487" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggregateSharesOfSeriesAPreferredStockPerSharePostReverseStockSplitBasisFF" xlink:label="loc_pedAggregateSharesOfSeriesAPreferredStockPerSharePostReverseStockSplitBasisFF_9cb061" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedAggregateSharesOfSeriesAPreferredStockPerSharePostReverseStockSplitBasisFF_9cb061" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NetIncomeAttributedToTheMergers" xlink:label="loc_pedNetIncomeAttributedToTheMergers_06640f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedNetIncomeAttributedToTheMergers_06640f" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggregateFairValueOfTheConsiderationPaid" xlink:label="loc_pedAggregateFairValueOfTheConsiderationPaid_54bcfc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedAggregateFairValueOfTheConsiderationPaid_54bcfc" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CashInPaid" xlink:label="loc_pedCashInPaid_8d8b3d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedCashInPaid_8d8b3d" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BorrowingCredit" xlink:label="loc_pedBorrowingCredit_b5f48e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedBorrowingCredit_b5f48e" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DebtIssuanceCosts" xlink:label="loc_pedDebtIssuanceCosts_454856" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedDebtIssuanceCosts_454856" order="7" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggregateSharesOfSeriesAPreferredStock" xlink:label="loc_pedAggregateSharesOfSeriesAPreferredStock_c1673b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedAggregateSharesOfSeriesAPreferredStock_c1673b" order="8" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggregateSharesOfSeriesAPreferredStockPerShare" xlink:label="loc_pedAggregateSharesOfSeriesAPreferredStockPerShare_c9b067" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedAggregateSharesOfSeriesAPreferredStockPerShare_c9b067" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_GrossProceeds" xlink:label="loc_pedGrossProceeds_b2fe28" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedGrossProceeds_b2fe28" order="10" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CashConsideration" xlink:label="loc_pedCashConsideration_7372fe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedCashConsideration_7372fe" order="11" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SeriesAPreferredStockConvertedShares" xlink:label="loc_pedSeriesAPreferredStockConvertedShares_c54dbe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedSeriesAPreferredStockConvertedShares_c54dbe" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaapCommonStockSharesIssued_9280f8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_us-gaapCommonStockSharesIssued_9280f8" order="13" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaapCommonStockSharesOutstanding_e2e792" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_us-gaapCommonStockSharesOutstanding_e2e792" order="14" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_UnderwrittenOfferings" xlink:label="loc_pedUnderwrittenOfferings_fb64dd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_pedUnderwrittenOfferings_fb64dd" order="15" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DirectOperatingCosts" xlink:label="loc_us-gaapDirectOperatingCosts_786457" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_us-gaapDirectOperatingCosts_786457" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues_f6a1ff" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_d34a81" xlink:to="loc_us-gaapRevenues_f6a1ff" order="17" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/OilAndGasPropertiesDetails" xlink:title="995589 - Disclosure - OIL AND GAS PROPERTIES (Details)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OilAndGasPropertiesAbstract" xlink:label="loc_pedOilAndGasPropertiesAbstract_80ba40" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_1eefab" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedOilAndGasPropertiesAbstract_80ba40" xlink:to="loc_us-gaapStatementTable_1eefab" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_1ba141" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1eefab" xlink:to="loc_us-gaapStatementLineItems_1ba141" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementGeographicalAxis" xlink:label="loc_srtStatementGeographicalAxis_98c953" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1eefab" xlink:to="loc_srtStatementGeographicalAxis_98c953" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SegmentGeographicalDomain" xlink:label="loc_srtSegmentGeographicalDomain_37358a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtStatementGeographicalAxis_98c953" xlink:to="loc_srtSegmentGeographicalDomain_37358a" order="1020" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AdditionsMember" xlink:label="loc_pedAdditionsMember_f86f75" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_37358a" xlink:to="loc_pedAdditionsMember_f86f75" order="1021" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DisposalsMember" xlink:label="loc_pedDisposalsMember_9ea1e1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_37358a" xlink:to="loc_pedDisposalsMember_9ea1e1" order="1022" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TransfersMember" xlink:label="loc_pedTransfersMember_d602b6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_37358a" xlink:to="loc_pedTransfersMember_d602b6" order="1023" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization" xlink:label="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization_7db9af" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1ba141" xlink:to="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization_7db9af" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization" xlink:label="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization_200362" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1ba141" xlink:to="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization_200362" order="2" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OilAndGasPropertySuccessfulEffortMethodNotAccumulatedDepreciationDepletionAndAmortization" xlink:label="loc_pedOilAndGasPropertySuccessfulEffortMethodNotAccumulatedDepreciationDepletionAndAmortization_5447ea" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1ba141" xlink:to="loc_pedOilAndGasPropertySuccessfulEffortMethodNotAccumulatedDepreciationDepletionAndAmortization_5447ea" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AssetRetirementCosts" xlink:label="loc_pedAssetRetirementCosts_c15093" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1ba141" xlink:to="loc_pedAssetRetirementCosts_c15093" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment" xlink:label="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment_48b6a1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1ba141" xlink:to="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment_48b6a1" order="5" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertySuccessfulEffortMethodAccumulatedImpairment" xlink:label="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedImpairment_5c36d8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1ba141" xlink:to="loc_us-gaapOilAndGasPropertySuccessfulEffortMethodAccumulatedImpairment_5c36d8" order="6" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OilAndGasPropertyFullCostMethodNet" xlink:label="loc_us-gaapOilAndGasPropertyFullCostMethodNet_13c2ac" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1ba141" xlink:to="loc_us-gaapOilAndGasPropertyFullCostMethodNet_13c2ac" order="7" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/OilAndGasPropertiesDetailsNarrative" xlink:title="995590 - Disclosure - OIL AND GAS PROPERTIES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OilAndGasPropertiesAbstract" xlink:label="loc_pedOilAndGasPropertiesAbstract_5b3a98" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_f2c3ee" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedOilAndGasPropertiesAbstract_5b3a98" xlink:to="loc_us-gaapStatementTable_f2c3ee" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_5b1510" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_f2c3ee" xlink:to="loc_us-gaapStatementLineItems_5b1510" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseAxis" xlink:label="loc_us-gaapAssetsSoldUnderAgreementsToRepurchaseAxis_b3fe8b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_f2c3ee" xlink:to="loc_us-gaapAssetsSoldUnderAgreementsToRepurchaseAxis_b3fe8b" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseTypeDomain" xlink:label="loc_us-gaapAssetsSoldUnderAgreementsToRepurchaseTypeDomain_a6462a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsSoldUnderAgreementsToRepurchaseAxis_b3fe8b" xlink:to="loc_us-gaapAssetsSoldUnderAgreementsToRepurchaseTypeDomain_a6462a" order="1020" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_WellBoreAssignmentMember" xlink:label="loc_pedWellBoreAssignmentMember_0d1c39" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsSoldUnderAgreementsToRepurchaseTypeDomain_a6462a" xlink:to="loc_pedWellBoreAssignmentMember_0d1c39" order="1021" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DescriptionOfExtensiveOperational" xlink:label="loc_pedDescriptionOfExtensiveOperational_f2f32c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedDescriptionOfExtensiveOperational_f2f32c" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CapitalizedContractCostNet" xlink:label="loc_us-gaapCapitalizedContractCostNet_c30b4b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapCapitalizedContractCostNet_c30b4b" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_GainFromSaleOfOilAndGasProperties" xlink:label="loc_pedGainFromSaleOfOilAndGasProperties_50f6c9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedGainFromSaleOfOilAndGasProperties_50f6c9" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessCombinationContingentConsiderationAsset" xlink:label="loc_us-gaapBusinessCombinationContingentConsiderationAsset_ef0098" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapBusinessCombinationContingentConsiderationAsset_ef0098" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfProperties" xlink:label="loc_us-gaapGainLossOnSaleOfProperties_d77472" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapGainLossOnSaleOfProperties_d77472" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfProperty" xlink:label="loc_us-gaapGainLossOnSaleOfProperty_124ac3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapGainLossOnSaleOfProperty_124ac3" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ProceedsFromSaleOfOtherOilAndGasPropertyAndEquipment" xlink:label="loc_pedProceedsFromSaleOfOtherOilAndGasPropertyAndEquipment_c6f4ac" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedProceedsFromSaleOfOtherOilAndGasPropertyAndEquipment_c6f4ac" order="7" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_LossOnSaleOfOilAndGasProperties" xlink:label="loc_pedLossOnSaleOfOilAndGasProperties_551b69" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedLossOnSaleOfOilAndGasProperties_551b69" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnSaleOfOtherAssets" xlink:label="loc_us-gaapGainLossOnSaleOfOtherAssets_a57050" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapGainLossOnSaleOfOtherAssets_a57050" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_GainLossOnSaleOfOtherAssetsCombinedTotal" xlink:label="loc_pedGainLossOnSaleOfOtherAssetsCombinedTotal_67aeb6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedGainLossOnSaleOfOtherAssetsCombinedTotal_67aeb6" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AcquisitionCostsCumulative" xlink:label="loc_us-gaapAcquisitionCostsCumulative_6c395d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapAcquisitionCostsCumulative_6c395d" order="11" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CostOfDueDeligence" xlink:label="loc_pedCostOfDueDeligence_8a33fe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedCostOfDueDeligence_8a33fe" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromLimitedPartnershipInvestments" xlink:label="loc_us-gaapProceedsFromLimitedPartnershipInvestments_5b337c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapProceedsFromLimitedPartnershipInvestments_5b337c" order="13" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_GainLossOnDispositionOfAssetsOfOilAndGasProperties" xlink:label="loc_pedGainLossOnDispositionOfAssetsOfOilAndGasProperties_9db689" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedGainLossOnDispositionOfAssetsOfOilAndGasProperties_9db689" order="14" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CapitalCostsIncurredRecentlyCompletedWells" xlink:label="loc_pedCapitalCostsIncurredRecentlyCompletedWells_5c4a52" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedCapitalCostsIncurredRecentlyCompletedWells_5c4a52" order="15" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CapitalCostsIncurredRecentlyCompletedWellsAdditions" xlink:label="loc_pedCapitalCostsIncurredRecentlyCompletedWellsAdditions_6dca9c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedCapitalCostsIncurredRecentlyCompletedWellsAdditions_6dca9c" order="16" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CapitalCostsIncurredRecentlyCompletedWellsAdditionsMerger" xlink:label="loc_pedCapitalCostsIncurredRecentlyCompletedWellsAdditionsMerger_7774b0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedCapitalCostsIncurredRecentlyCompletedWellsAdditionsMerger_7774b0" order="17" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ImpairmentsOfOilAndGasProperties" xlink:label="loc_pedImpairmentsOfOilAndGasProperties_0c5f74" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_pedImpairmentsOfOilAndGasProperties_0c5f74" order="18" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Depletion" xlink:label="loc_us-gaapDepletion_5e4db3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_5b1510" xlink:to="loc_us-gaapDepletion_5e4db3" order="19" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/NoteReceivableDetailsNarrative" xlink:title="995591 - Disclosure - NOTE RECEIVABLE (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NoteReceivableAbstract" xlink:label="loc_pedNoteReceivableAbstract_61e232" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_039c0b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedNoteReceivableAbstract_61e232" xlink:to="loc_us-gaapStatementTable_039c0b" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_dd5ee0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_039c0b" xlink:to="loc_us-gaapStatementLineItems_dd5ee0" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:label="loc_us-gaapSubsidiarySaleOfStockAxis_df07b7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_039c0b" xlink:to="loc_us-gaapSubsidiarySaleOfStockAxis_df07b7" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SaleOfStockNameOfTransactionDomain" xlink:label="loc_us-gaapSaleOfStockNameOfTransactionDomain_47d163" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsidiarySaleOfStockAxis_df07b7" xlink:to="loc_us-gaapSaleOfStockNameOfTransactionDomain_47d163" order="1010" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TilloMember" xlink:label="loc_pedTilloMember_03d69b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSaleOfStockNameOfTransactionDomain_47d163" xlink:to="loc_pedTilloMember_03d69b" order="1011" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeFixedInterestRate" xlink:label="loc_us-gaapDerivativeFixedInterestRate_569b2f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_dd5ee0" xlink:to="loc_us-gaapDerivativeFixedInterestRate_569b2f" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaapNotesReceivableNet_254f91" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_dd5ee0" xlink:to="loc_us-gaapNotesReceivableNet_254f91" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseDebt" xlink:label="loc_us-gaapInterestExpenseDebt_2d5fa1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_dd5ee0" xlink:to="loc_us-gaapInterestExpenseDebt_2d5fa1" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/RevolvingCreditFacilityDetailsNarrative" xlink:title="995592 - Disclosure - REVOLVING CREDIT FACILITY (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RevolvingCreditFacilityAbstract" xlink:label="loc_pedRevolvingCreditFacilityAbstract_968e98" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_194f19" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedRevolvingCreditFacilityAbstract_968e98" xlink:to="loc_us-gaapStatementTable_194f19" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_61e1be" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_194f19" xlink:to="loc_us-gaapStatementLineItems_61e1be" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="loc_us-gaapShortTermDebtTypeAxis_c5480b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_194f19" xlink:to="loc_us-gaapShortTermDebtTypeAxis_c5480b" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShortTermDebtTypeDomain" xlink:label="loc_us-gaapShortTermDebtTypeDomain_d1e01c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShortTermDebtTypeAxis_c5480b" xlink:to="loc_us-gaapShortTermDebtTypeDomain_d1e01c" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_840103" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_194f19" xlink:to="loc_us-gaapPlanNameAxis_840103" order="1030" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_1ad345" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_840103" xlink:to="loc_us-gaapPlanNameDomain_1ad345" order="1030" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditMember" xlink:label="loc_us-gaapLineOfCreditMember_4d881a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShortTermDebtTypeDomain_d1e01c" xlink:to="loc_us-gaapLineOfCreditMember_4d881a" order="1031" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BottomMember" xlink:label="loc_pedBottomMember_f7cb24" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_1ad345" xlink:to="loc_pedBottomMember_f7cb24" order="1032" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TopMember" xlink:label="loc_pedTopMember_b3de1c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_1ad345" xlink:to="loc_pedTopMember_b3de1c" order="1033" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromSecuredLinesOfCredit" xlink:label="loc_us-gaapProceedsFromSecuredLinesOfCredit_e8f837" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapProceedsFromSecuredLinesOfCredit_e8f837" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaapLineOfCredit_472233" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapLineOfCredit_472233" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseOther" xlink:label="loc_us-gaapInterestExpenseOther_02bbc2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapInterestExpenseOther_02bbc2" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseDebt" xlink:label="loc_us-gaapInterestExpenseDebt_9d7391" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapInterestExpenseDebt_9d7391" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="loc_us-gaapAmortizationOfFinancingCosts_008379" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapAmortizationOfFinancingCosts_008379" order="5" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="loc_us-gaapLineOfCreditFacilityInterestRateDuringPeriod_0d3bdf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapLineOfCreditFacilityInterestRateDuringPeriod_0d3bdf" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityCommitmentFeeAmount" xlink:label="loc_us-gaapLineOfCreditFacilityCommitmentFeeAmount_438fdc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapLineOfCreditFacilityCommitmentFeeAmount_438fdc" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityMaximumMonthendOutstandingAmount" xlink:label="loc_us-gaapLineOfCreditFacilityMaximumMonthendOutstandingAmount_c07a1d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapLineOfCreditFacilityMaximumMonthendOutstandingAmount_c07a1d" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityAverageOutstandingAmount" xlink:label="loc_us-gaapLineOfCreditFacilityAverageOutstandingAmount_353e55" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapLineOfCreditFacilityAverageOutstandingAmount_353e55" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="loc_us-gaapDebtInstrumentMaturityDate_6c4f93" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_us-gaapDebtInstrumentMaturityDate_6c4f93" order="10" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DebtInstrumentHedgingRequiredPercentage" xlink:label="loc_pedDebtInstrumentHedgingRequiredPercentage_80ff56" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_61e1be" xlink:to="loc_pedDebtInstrumentHedgingRequiredPercentage_80ff56" order="11" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DerivativesDetails" xlink:title="995593 - Disclosure - DERIVATIVES (Details)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativesAbstract" xlink:label="loc_pedDerivativesAbstract_9305a5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssetsCurrent" xlink:label="loc_us-gaapDerivativeAssetsCurrent_138f4c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_9305a5" xlink:to="loc_us-gaapDerivativeAssetsCurrent_138f4c" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="loc_us-gaapDerivativeAssetsNoncurrent_3f5d1f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_9305a5" xlink:to="loc_us-gaapDerivativeAssetsNoncurrent_3f5d1f" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaapDerivativeAssets_059404" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_9305a5" xlink:to="loc_us-gaapDerivativeAssets_059404" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilitiesCurrent" xlink:label="loc_us-gaapDerivativeLiabilitiesCurrent_6d65e2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_9305a5" xlink:to="loc_us-gaapDerivativeLiabilitiesCurrent_6d65e2" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilitiesNoncurrent" xlink:label="loc_us-gaapDerivativeLiabilitiesNoncurrent_495065" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_9305a5" xlink:to="loc_us-gaapDerivativeLiabilitiesNoncurrent_495065" order="5" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaapDerivativeLiabilities_fbd888" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_9305a5" xlink:to="loc_us-gaapDerivativeLiabilities_fbd888" order="6" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DerivativesDetails1" xlink:title="995594 - Disclosure - DERIVATIVES (Details 1)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativesAbstract" xlink:label="loc_pedDerivativesAbstract_d6cda4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativeGainLossRealized" xlink:label="loc_pedDerivativeGainLossRealized_c5eebf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_d6cda4" xlink:to="loc_pedDerivativeGainLossRealized_c5eebf" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativeGainLossUnrealized" xlink:label="loc_pedDerivativeGainLossUnrealized_ddec74" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_d6cda4" xlink:to="loc_pedDerivativeGainLossUnrealized_ddec74" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativeGainLoss" xlink:label="loc_pedDerivativeGainLoss_c3f51c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_d6cda4" xlink:to="loc_pedDerivativeGainLoss_c3f51c" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DerivativesDetails2" xlink:title="995595 - Disclosure - DERIVATIVES (Details 2)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativesAbstract" xlink:label="loc_pedDerivativesAbstract_d664ad" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_fe7967" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_d664ad" xlink:to="loc_us-gaapStatementTable_fe7967" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_b00e1d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_fe7967" xlink:to="loc_us-gaapStatementLineItems_b00e1d" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_ee07fb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_fe7967" xlink:to="loc_us-gaapPlanNameAxis_ee07fb" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_206ee2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_ee07fb" xlink:to="loc_us-gaapPlanNameDomain_206ee2" order="1010" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QOneTwoThousandTwentySixMember" xlink:label="loc_pedQOneTwoThousandTwentySixMember_3de984" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQOneTwoThousandTwentySixMember_3de984" order="1011" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QTwoTwoThousandTwentySixMember" xlink:label="loc_pedQTwoTwoThousandTwentySixMember_d487d6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQTwoTwoThousandTwentySixMember_d487d6" order="1012" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QThreeTwoThousandTwentySixMember" xlink:label="loc_pedQThreeTwoThousandTwentySixMember_c6871f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQThreeTwoThousandTwentySixMember_c6871f" order="1013" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QFourTwoThousandTwentySixMember" xlink:label="loc_pedQFourTwoThousandTwentySixMember_5ecf70" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQFourTwoThousandTwentySixMember_5ecf70" order="1014" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FYTwoThousandTwentySixMember" xlink:label="loc_pedFYTwoThousandTwentySixMember_c4638c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedFYTwoThousandTwentySixMember_c4638c" order="1015" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QOneTwoThousandTwentySevenMember" xlink:label="loc_pedQOneTwoThousandTwentySevenMember_5bb57c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQOneTwoThousandTwentySevenMember_5bb57c" order="1016" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QTwoTwoThousandTwentySevenMember" xlink:label="loc_pedQTwoTwoThousandTwentySevenMember_54fa64" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQTwoTwoThousandTwentySevenMember_54fa64" order="1017" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QThreeTwoThousandTwentySevenMember" xlink:label="loc_pedQThreeTwoThousandTwentySevenMember_6e6c6f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQThreeTwoThousandTwentySevenMember_6e6c6f" order="1018" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QFourTwoThousandTwentySevenMember" xlink:label="loc_pedQFourTwoThousandTwentySevenMember_fd8e3f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQFourTwoThousandTwentySevenMember_fd8e3f" order="1019" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FYTwoThousandTwentySevenMember" xlink:label="loc_pedFYTwoThousandTwentySevenMember_fc75b3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedFYTwoThousandTwentySevenMember_fc75b3" order="1020" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QOneTwoThousandTwentyEightMember" xlink:label="loc_pedQOneTwoThousandTwentyEightMember_6888a4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQOneTwoThousandTwentyEightMember_6888a4" order="1021" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QTwoTwoThousandTwentyEightMember" xlink:label="loc_pedQTwoTwoThousandTwentyEightMember_22148f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQTwoTwoThousandTwentyEightMember_22148f" order="1022" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QThreeTwoThousandTwentyEightMember" xlink:label="loc_pedQThreeTwoThousandTwentyEightMember_4633e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQThreeTwoThousandTwentyEightMember_4633e3" order="1023" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QFourTwoThousandTwentyEightMember" xlink:label="loc_pedQFourTwoThousandTwentyEightMember_b63e33" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedQFourTwoThousandTwentyEightMember_b63e33" order="1024" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FYTwoThousandTwentyEightMember" xlink:label="loc_pedFYTwoThousandTwentyEightMember_240f02" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_206ee2" xlink:to="loc_pedFYTwoThousandTwentyEightMember_240f02" order="1025" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ProducerThreeWayCollarsValumeValue" xlink:label="loc_pedProducerThreeWayCollarsValumeValue_ef49b8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedProducerThreeWayCollarsValumeValue_ef49b8" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PutSoldPricePerShare" xlink:label="loc_pedPutSoldPricePerShare_d998a5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedPutSoldPricePerShare_d998a5" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PutBoughtPricePerShare" xlink:label="loc_pedPutBoughtPricePerShare_d685e8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedPutBoughtPricePerShare_d685e8" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PutCallSoldPerShare" xlink:label="loc_pedPutCallSoldPerShare_585b04" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedPutCallSoldPerShare_585b04" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ParticipatingThreeWayCollarsValumeValue" xlink:label="loc_pedParticipatingThreeWayCollarsValumeValue_1caf4d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedParticipatingThreeWayCollarsValumeValue_1caf4d" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ParticipatingPutBoughtPricePerShare" xlink:label="loc_pedParticipatingPutBoughtPricePerShare_342ead" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedParticipatingPutBoughtPricePerShare_342ead" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ParticipatingCallBoughtPricePerShare" xlink:label="loc_pedParticipatingCallBoughtPricePerShare_03ec14" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedParticipatingCallBoughtPricePerShare_03ec14" order="7" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ParticipatingCallSoldPricePerShare" xlink:label="loc_pedParticipatingCallSoldPricePerShare_536714" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b00e1d" xlink:to="loc_pedParticipatingCallSoldPricePerShare_536714" order="8" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/DerivativesDetails3" xlink:title="995596 - Disclosure - DERIVATIVES (Details 3)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DerivativesAbstract" xlink:label="loc_pedDerivativesAbstract_7ac85b" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_af5bd6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedDerivativesAbstract_7ac85b" xlink:to="loc_us-gaapStatementTable_af5bd6" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_f0e70d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_af5bd6" xlink:to="loc_us-gaapStatementLineItems_f0e70d" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_5c5570" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_af5bd6" xlink:to="loc_us-gaapPlanNameAxis_5c5570" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_a6b98b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_5c5570" xlink:to="loc_us-gaapPlanNameDomain_a6b98b" order="1010" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QOneTwoThousandTwentySixMember" xlink:label="loc_pedQOneTwoThousandTwentySixMember_46f6ab" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQOneTwoThousandTwentySixMember_46f6ab" order="1011" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QTwoTwoThousandTwentySixMember" xlink:label="loc_pedQTwoTwoThousandTwentySixMember_605e5c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQTwoTwoThousandTwentySixMember_605e5c" order="1012" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QThreeTwoThousandTwentySixMember" xlink:label="loc_pedQThreeTwoThousandTwentySixMember_f455fa" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQThreeTwoThousandTwentySixMember_f455fa" order="1013" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QFourTwoThousandTwentySixMember" xlink:label="loc_pedQFourTwoThousandTwentySixMember_c63be3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQFourTwoThousandTwentySixMember_c63be3" order="1014" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FYTwoThousandTwentySixMember" xlink:label="loc_pedFYTwoThousandTwentySixMember_b5e0c3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedFYTwoThousandTwentySixMember_b5e0c3" order="1015" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QOneTwoThousandTwentySevenMember" xlink:label="loc_pedQOneTwoThousandTwentySevenMember_1cc4c7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQOneTwoThousandTwentySevenMember_1cc4c7" order="1016" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QTwoTwoThousandTwentySevenMember" xlink:label="loc_pedQTwoTwoThousandTwentySevenMember_b6fa55" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQTwoTwoThousandTwentySevenMember_b6fa55" order="1017" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QThreeTwoThousandTwentySevenMember" xlink:label="loc_pedQThreeTwoThousandTwentySevenMember_25a2f0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQThreeTwoThousandTwentySevenMember_25a2f0" order="1018" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QFourTwoThousandTwentySevenMember" xlink:label="loc_pedQFourTwoThousandTwentySevenMember_9d6fa9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQFourTwoThousandTwentySevenMember_9d6fa9" order="1019" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FYTwoThousandTwentySevenMember" xlink:label="loc_pedFYTwoThousandTwentySevenMember_b4d698" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedFYTwoThousandTwentySevenMember_b4d698" order="1020" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QOneTwoThousandTwentyEightMember" xlink:label="loc_pedQOneTwoThousandTwentyEightMember_211bb7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQOneTwoThousandTwentyEightMember_211bb7" order="1021" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QTwoTwoThousandTwentyEightMember" xlink:label="loc_pedQTwoTwoThousandTwentyEightMember_f43b29" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQTwoTwoThousandTwentyEightMember_f43b29" order="1022" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QThreeTwoThousandTwentyEightMember" xlink:label="loc_pedQThreeTwoThousandTwentyEightMember_bbe05e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQThreeTwoThousandTwentyEightMember_bbe05e" order="1023" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_QFourTwoThousandTwentyEightMember" xlink:label="loc_pedQFourTwoThousandTwentyEightMember_89eab9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedQFourTwoThousandTwentyEightMember_89eab9" order="1024" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FYTwoThousandTwentyEightMember" xlink:label="loc_pedFYTwoThousandTwentyEightMember_c0f36d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_a6b98b" xlink:to="loc_pedFYTwoThousandTwentyEightMember_c0f36d" order="1025" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CrudeSwapsValumeValue" xlink:label="loc_pedCrudeSwapsValumeValue_299aa1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedCrudeSwapsValumeValue_299aa1" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CrudeOilSwapsAvragePricePerShare" xlink:label="loc_pedCrudeOilSwapsAvragePricePerShare_a77a14" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedCrudeOilSwapsAvragePricePerShare_a77a14" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CrudeCostlessCollarsValumeValue" xlink:label="loc_pedCrudeCostlessCollarsValumeValue_ed2f9c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedCrudeCostlessCollarsValumeValue_ed2f9c" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CrudeOilCeilingPricePerShare" xlink:label="loc_pedCrudeOilCeilingPricePerShare_71b814" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedCrudeOilCeilingPricePerShare_71b814" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CrudeOilFloorPricePerShare" xlink:label="loc_pedCrudeOilFloorPricePerShare_59d5c9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedCrudeOilFloorPricePerShare_59d5c9" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NaturalGasSwapsValumeValue" xlink:label="loc_pedNaturalGasSwapsValumeValue_3cf686" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedNaturalGasSwapsValumeValue_3cf686" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NaturalGasSwapsAvragePricePerShare" xlink:label="loc_pedNaturalGasSwapsAvragePricePerShare_0a1ffc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedNaturalGasSwapsAvragePricePerShare_0a1ffc" order="7" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NaturalGasCostlessCollarsValumeValue" xlink:label="loc_pedNaturalGasCostlessCollarsValumeValue_7a0dab" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedNaturalGasCostlessCollarsValumeValue_7a0dab" order="8" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NaturalGasFloorPricePerShare" xlink:label="loc_pedNaturalGasFloorPricePerShare_b5dc45" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedNaturalGasFloorPricePerShare_b5dc45" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NaturalGasCeilingPricePerShare" xlink:label="loc_pedNaturalGasCeilingPricePerShare_b1db26" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f0e70d" xlink:to="loc_pedNaturalGasCeilingPricePerShare_b1db26" order="10" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/FairValueMeasurementsDetails" xlink:title="995597 - Disclosure - FAIR VALUE MEASUREMENTS (Details)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_FairValueMeasurementsAbstract" xlink:label="loc_pedFairValueMeasurementsAbstract_0be708" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_9fb431" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedFairValueMeasurementsAbstract_0be708" xlink:to="loc_us-gaapStatementTable_9fb431" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_3322c9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_9fb431" xlink:to="loc_us-gaapStatementLineItems_3322c9" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaapFairValueByFairValueHierarchyLevelAxis_6e4755" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_9fb431" xlink:to="loc_us-gaapFairValueByFairValueHierarchyLevelAxis_6e4755" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_54437f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueByFairValueHierarchyLevelAxis_6e4755" xlink:to="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_54437f" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaapFairValueInputsLevel1Member_f2d977" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_54437f" xlink:to="loc_us-gaapFairValueInputsLevel1Member_f2d977" order="1021" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaapFairValueInputsLevel2Member_243e30" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_54437f" xlink:to="loc_us-gaapFairValueInputsLevel2Member_243e30" order="1022" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaapFairValueInputsLevel3Member_0f752e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_54437f" xlink:to="loc_us-gaapFairValueInputsLevel3Member_0f752e" order="1023" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaapDerivativeAssets_d98939" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_3322c9" xlink:to="loc_us-gaapDerivativeAssets_d98939" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaapDerivativeLiabilities_4aa545" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_3322c9" xlink:to="loc_us-gaapDerivativeLiabilities_4aa545" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/AssetRetirementObligationsDetails" xlink:title="995598 - Disclosure - ASSET RETIREMENT OBLIGATIONS (Details)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationAbstract" xlink:label="loc_us-gaapAssetRetirementObligationAbstract_c1855c" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligation" xlink:label="loc_us-gaapAssetRetirementObligation_b64c4e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_c1855c" xlink:to="loc_us-gaapAssetRetirementObligation_b64c4e" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationAccretionExpense" xlink:label="loc_us-gaapAssetRetirementObligationAccretionExpense_c9b3e8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_c1855c" xlink:to="loc_us-gaapAssetRetirementObligationAccretionExpense_c9b3e8" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_LiabilitiesDisposition" xlink:label="loc_pedLiabilitiesDisposition_439e1d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_c1855c" xlink:to="loc_pedLiabilitiesDisposition_439e1d" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationLiabilitiesSettled" xlink:label="loc_us-gaapAssetRetirementObligationLiabilitiesSettled_474b50" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_c1855c" xlink:to="loc_us-gaapAssetRetirementObligationLiabilitiesSettled_474b50" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AssetRetirementObligationLiabilitiesAcquired" xlink:label="loc_pedAssetRetirementObligationLiabilitiesAcquired_5901ef" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_c1855c" xlink:to="loc_pedAssetRetirementObligationLiabilitiesAcquired_5901ef" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ChangesInEstimates" xlink:label="loc_pedChangesInEstimates_1eb4d0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_c1855c" xlink:to="loc_pedChangesInEstimates_1eb4d0" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligation" xlink:label="loc_us-gaapAssetRetirementObligation_4353c7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_c1855c" xlink:to="loc_us-gaapAssetRetirementObligation_4353c7" order="7" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/AssetRetirementObligationsDetailsNarrative" xlink:title="995599 - Disclosure - ASSET RETIREMENT OBLIGATIONS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetRetirementObligationAbstract" xlink:label="loc_us-gaapAssetRetirementObligationAbstract_f94d41" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_a28d2d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetRetirementObligationAbstract_f94d41" xlink:to="loc_us-gaapStatementTable_a28d2d" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_0473f0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a28d2d" xlink:to="loc_us-gaapStatementLineItems_0473f0" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="loc_srtConsolidatedEntitiesAxis_327379" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a28d2d" xlink:to="loc_srtConsolidatedEntitiesAxis_327379" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="loc_srtConsolidatedEntitiesDomain_9ad5c8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtConsolidatedEntitiesAxis_327379" xlink:to="loc_srtConsolidatedEntitiesDomain_9ad5c8" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SubsidiariesMember" xlink:label="loc_srtSubsidiariesMember_eaa866" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtConsolidatedEntitiesDomain_9ad5c8" xlink:to="loc_srtSubsidiariesMember_eaa866" order="1021" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NoncashProjectAbandonmentCosts" xlink:label="loc_us-gaapNoncashProjectAbandonmentCosts_bb128c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_0473f0" xlink:to="loc_us-gaapNoncashProjectAbandonmentCosts_bb128c" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AssetsRetirementObligation" xlink:label="loc_pedAssetsRetirementObligation_b5dcf2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_0473f0" xlink:to="loc_pedAssetsRetirementObligation_b5dcf2" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_MinimumPayment" xlink:label="loc_pedMinimumPayment_dbc368" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_0473f0" xlink:to="loc_pedMinimumPayment_dbc368" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AssetsRatePerBarrel" xlink:label="loc_pedAssetsRatePerBarrel_73f236" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_0473f0" xlink:to="loc_pedAssetsRatePerBarrel_73f236" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CommitmentsAndContingenciesDetails" xlink:title="995600 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CommitmentsAndContingenciesAbstract" xlink:label="loc_pedCommitmentsAndContingenciesAbstract_6b9b3d" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:label="loc_us-gaapRightOfUseAssetObtainedInExchangeForOperatingLeaseLiability_5e4fc4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_6b9b3d" xlink:to="loc_us-gaapRightOfUseAssetObtainedInExchangeForOperatingLeaseLiability_5e4fc4" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CommitmentsAndContingenciesDetails1" xlink:title="995601 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details 1)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CommitmentsAndContingenciesAbstract" xlink:label="loc_pedCommitmentsAndContingenciesAbstract_079872" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="loc_us-gaapOperatingLeaseRightOfUseAsset_947a3a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_079872" xlink:to="loc_us-gaapOperatingLeaseRightOfUseAsset_947a3a" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiabilityCurrent" xlink:label="loc_us-gaapOperatingLeaseLiabilityCurrent_a02fa9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_079872" xlink:to="loc_us-gaapOperatingLeaseLiabilityCurrent_a02fa9" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiabilityNoncurrent" xlink:label="loc_us-gaapOperatingLeaseLiabilityNoncurrent_338958" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_079872" xlink:to="loc_us-gaapOperatingLeaseLiabilityNoncurrent_338958" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiability" xlink:label="loc_us-gaapOperatingLeaseLiability_e13ca6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_079872" xlink:to="loc_us-gaapOperatingLeaseLiability_e13ca6" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CommitmentsAndContingenciesDetails2" xlink:title="995602 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details 2)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CommitmentsAndContingenciesAbstract" xlink:label="loc_pedCommitmentsAndContingenciesAbstract_1ffb42" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:label="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_c672fb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_1ffb42" xlink:to="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_c672fb" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo" xlink:label="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDueYearTwo_1b1a0d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_1ffb42" xlink:to="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDueYearTwo_1b1a0d" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive" xlink:label="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_27fa25" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_1ffb42" xlink:to="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_27fa25" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue" xlink:label="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDue_1413d5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_1ffb42" xlink:to="loc_us-gaapLesseeOperatingLeaseLiabilityPaymentsDue_1413d5" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:label="loc_us-gaapLesseeOperatingLeaseLiabilityUndiscountedExcessAmount_5a4107" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_1ffb42" xlink:to="loc_us-gaapLesseeOperatingLeaseLiabilityUndiscountedExcessAmount_5a4107" order="5" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiability" xlink:label="loc_us-gaapOperatingLeaseLiability_067d36" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_1ffb42" xlink:to="loc_us-gaapOperatingLeaseLiability_067d36" order="6" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/CommitmentsAndContingenciesDetailsNarrative" xlink:title="995603 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CommitmentsAndContingenciesAbstract" xlink:label="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xlink:label="loc_us-gaapOperatingLeaseWeightedAverageDiscountRatePercent_5e5c73" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_us-gaapOperatingLeaseWeightedAverageDiscountRatePercent_5e5c73" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PreviousLeaseExpirationDate" xlink:label="loc_pedPreviousLeaseExpirationDate_bee436" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_pedPreviousLeaseExpirationDate_bee436" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IncreasedMonthlyRent" xlink:label="loc_pedIncreasedMonthlyRent_148f7d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_pedIncreasedMonthlyRent_148f7d" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AggregateConsideration" xlink:label="loc_pedAggregateConsideration_00c65e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_pedAggregateConsideration_00c65e" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_AnnualInterestRate" xlink:label="loc_pedAnnualInterestRate_6b4809" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_pedAnnualInterestRate_6b4809" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LeaseExpirationDate1" xlink:label="loc_us-gaapLeaseExpirationDate1_5a092f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_us-gaapLeaseExpirationDate1_5a092f" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_MonthlyRent" xlink:label="loc_pedMonthlyRent_bb53bb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_pedMonthlyRent_bb53bb" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LossContingencyLossInPeriod" xlink:label="loc_us-gaapLossContingencyLossInPeriod_1b7af7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_us-gaapLossContingencyLossInPeriod_1b7af7" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecurityDeposit" xlink:label="loc_us-gaapSecurityDeposit_da4e9a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_us-gaapSecurityDeposit_da4e9a" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_WeightedAverageRemainingLeaseTerm" xlink:label="loc_pedWeightedAverageRemainingLeaseTerm_a4cfaa" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_pedWeightedAverageRemainingLeaseTerm_a4cfaa" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherCommitmentsDescription" xlink:label="loc_us-gaapOtherCommitmentsDescription_8cb584" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedCommitmentsAndContingenciesAbstract_4aeae3" xlink:to="loc_us-gaapOtherCommitmentsDescription_8cb584" order="11" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/ShareholdersEquityDetailsNarrative" xlink:title="995604 - Disclosure - SHAREHOLDERS EQUITY (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ShareholdersEquityAbstract" xlink:label="loc_pedShareholdersEquityAbstract_86a556" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_8c4fbb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedShareholdersEquityAbstract_86a556" xlink:to="loc_us-gaapStatementTable_8c4fbb" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_449a0e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c4fbb" xlink:to="loc_us-gaapStatementLineItems_449a0e" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_948cbd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c4fbb" xlink:to="loc_us-gaapAwardTypeAxis_948cbd" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_cb52cf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_948cbd" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_cb52cf" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_6eaa71" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c4fbb" xlink:to="loc_us-gaapPlanNameAxis_6eaa71" order="1030" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_f7e1f7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_6eaa71" xlink:to="loc_us-gaapPlanNameDomain_f7e1f7" order="1030" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaapStatementClassOfStockAxis_2bc33d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c4fbb" xlink:to="loc_us-gaapStatementClassOfStockAxis_2bc33d" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaapClassOfStockDomain_113748" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementClassOfStockAxis_2bc33d" xlink:to="loc_us-gaapClassOfStockDomain_113748" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaapRelatedPartyTransactionAxis_5ecae6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c4fbb" xlink:to="loc_us-gaapRelatedPartyTransactionAxis_5ecae6" order="1060" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaapRelatedPartyTransactionDomain_8aab73" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionAxis_5ecae6" xlink:to="loc_us-gaapRelatedPartyTransactionDomain_8aab73" order="1060" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaapSeriesAPreferredStockMember_a38081" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfStockDomain_113748" xlink:to="loc_us-gaapSeriesAPreferredStockMember_a38081" order="1061" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ATMOfferingMember" xlink:label="loc_pedATMOfferingMember_35e5c2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_cb52cf" xlink:to="loc_pedATMOfferingMember_35e5c2" order="1062" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BottomMember" xlink:label="loc_pedBottomMember_3fc232" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_f7e1f7" xlink:to="loc_pedBottomMember_3fc232" order="1063" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TopMember" xlink:label="loc_pedTopMember_fa29f9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_f7e1f7" xlink:to="loc_pedTopMember_fa29f9" order="1064" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SeriesAConvertiblePreferredStockMember" xlink:label="loc_pedSeriesAConvertiblePreferredStockMember_a9852e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfStockDomain_113748" xlink:to="loc_pedSeriesAConvertiblePreferredStockMember_a9852e" order="1065" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CenturyOilAndGasHoldingsLLCMember" xlink:label="loc_pedCenturyOilAndGasHoldingsLLCMember_30df89" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_8aab73" xlink:to="loc_pedCenturyOilAndGasHoldingsLLCMember_30df89" order="1066" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PIPEInvestorsMember" xlink:label="loc_pedPIPEInvestorsMember_0aaa29" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_8aab73" xlink:to="loc_pedPIPEInvestorsMember_0aaa29" order="1067" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PIPEFinancingMember" xlink:label="loc_pedPIPEFinancingMember_9627db" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_8aab73" xlink:to="loc_pedPIPEFinancingMember_9627db" order="1068" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ReverseStockSplitRatioEffected" xlink:label="loc_pedReverseStockSplitRatioEffected_a93e9b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedReverseStockSplitRatioEffected_a93e9b" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromHedgeFinancingActivities" xlink:label="loc_us-gaapProceedsFromHedgeFinancingActivities_c61c59" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapProceedsFromHedgeFinancingActivities_c61c59" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtConversionConvertedInstrumentSharesIssued1" xlink:label="loc_us-gaapDebtConversionConvertedInstrumentSharesIssued1_13f58e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapDebtConversionConvertedInstrumentSharesIssued1_13f58e" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_dd0829" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_dd0829" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaapStockIssuedDuringPeriodValueNewIssues_6e850e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapStockIssuedDuringPeriodValueNewIssues_6e850e" order="5" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PricePerShareAfterPostReverseStockSplitBasis" xlink:label="loc_pedPricePerShareAfterPostReverseStockSplitBasis_9b7f39" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedPricePerShareAfterPostReverseStockSplitBasis_9b7f39" order="6" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PurchasedPreferredStockShares" xlink:label="loc_pedPurchasedPreferredStockShares_1669e1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedPurchasedPreferredStockShares_1669e1" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConversionOfStockSharesIssued1" xlink:label="loc_us-gaapConversionOfStockSharesIssued1_863ec3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapConversionOfStockSharesIssued1_863ec3" order="8" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ConvertedCommonStockSharesIssued" xlink:label="loc_pedConvertedCommonStockSharesIssued_b11279" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedConvertedCommonStockSharesIssued_b11279" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PurchaseOfStockPricePerShare" xlink:label="loc_pedPurchaseOfStockPricePerShare_4b23a2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedPurchaseOfStockPricePerShare_4b23a2" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesNewIssues_6f4c33" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesNewIssues_6f4c33" order="11" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TotalNumberOfPreferredStockSharesConverted" xlink:label="loc_pedTotalNumberOfPreferredStockSharesConverted_349740" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedTotalNumberOfPreferredStockSharesConverted_349740" order="12" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_InvestorsDescription" xlink:label="loc_pedInvestorsDescription_53b504" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedInvestorsDescription_53b504" order="13" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaapPreferredStockSharesOutstanding_531e25" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapPreferredStockSharesOutstanding_531e25" order="14" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesIssuedPricePerShare" xlink:label="loc_us-gaapSharesIssuedPricePerShare_57d079" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapSharesIssuedPricePerShare_57d079" order="15" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SalesCommissionsAndFees" xlink:label="loc_us-gaapSalesCommissionsAndFees_f0d4d6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapSalesCommissionsAndFees_f0d4d6" order="16" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaapOtherExpenses_e84168" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_us-gaapOtherExpenses_e84168" order="17" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SalesAgreementDescription" xlink:label="loc_pedSalesAgreementDescription_142f4d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_449a0e" xlink:to="loc_pedSalesAgreementDescription_142f4d" order="18" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SharebasedCompensationDetails" xlink:title="995605 - Disclosure - SHAREBASED COMPENSATION (Details)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharebasedCompensationAbstract" xlink:label="loc_pedSharebasedCompensationAbstract_6e9329" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_3517ec" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_3517ec" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_70d0df" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_70d0df" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsVestedNumberOfShares" xlink:label="loc_pedSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsVestedNumberOfShares_3878f0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_pedSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsVestedNumberOfShares_3878f0" order="3" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares_f9b01a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares_f9b01a" order="4" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_39ada9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_39ada9" order="5" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_9e616d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_9e616d" order="6" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_ad8ebb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_ad8ebb" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_0a4688" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_0a4688" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue_973ca0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue_973ca0" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_eecbe6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_6e9329" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_eecbe6" order="10" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SharebasedCompensationDetailsa1" xlink:title="995606 - Disclosure - SHAREBASED COMPENSATION (Detailsa 1)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharebasedCompensationAbstract" xlink:label="loc_pedSharebasedCompensationAbstract_224df9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_2e3a34" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_2e3a34" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_648355" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_648355" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_0c5126" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod_0c5126" order="3" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_d05d40" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_d05d40" order="4" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsExercisableNumber" xlink:label="loc_pedShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsExercisableNumber_47efb4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_pedShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsExercisableNumber_47efb4" order="5" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceBeginningBalance" xlink:label="loc_pedShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceBeginningBalance_f8972a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_pedShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceBeginningBalance_f8972a" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_5242b8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_5242b8" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_11c841" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_11c841" order="8" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceEndingBalance" xlink:label="loc_pedShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceEndingBalance_3627b8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_pedShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceEndingBalance_3627b8" order="9" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_pedShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsExercisableWeightedAverageExercisePrice_30e6bf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_pedShareBasedCompensationArrangementByShareBasedPaymentsAwardOptionsExercisableWeightedAverageExercisePrice_30e6bf" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaapSharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_58badc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapSharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_58badc" order="11" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2a" xlink:label="loc_pedSharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2a_ebde86" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_pedSharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2a_ebde86" order="12" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaapSharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_a6a229" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_224df9" xlink:to="loc_us-gaapSharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_a6a229" order="13" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SharebasedCompensationDetailsNarrative" xlink:title="995607 - Disclosure - SHAREBASED COMPENSATION (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_SharebasedCompensationAbstract" xlink:label="loc_pedSharebasedCompensationAbstract_a488d5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_a27be7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedSharebasedCompensationAbstract_a488d5" xlink:to="loc_us-gaapStatementTable_a27be7" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_74fc59" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a27be7" xlink:to="loc_us-gaapStatementLineItems_74fc59" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_fbd14d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a27be7" xlink:to="loc_us-gaapPlanNameAxis_fbd14d" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_b05db1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_fbd14d" xlink:to="loc_us-gaapPlanNameDomain_b05db1" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_df7a0b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a27be7" xlink:to="loc_us-gaapAwardTypeAxis_df7a0b" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1c4ad2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_df7a0b" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1c4ad2" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis_916ff0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a27be7" xlink:to="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis_916ff0" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain_825284" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis_916ff0" xlink:to="loc_us-gaapRelatedPartyDomain_825284" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualAxis" xlink:label="loc_srtTitleOfIndividualAxis_daccce" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a27be7" xlink:to="loc_srtTitleOfIndividualAxis_daccce" order="1060" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_450300" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualAxis_daccce" xlink:to="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_450300" order="1060" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaapFinancialInstrumentAxis_29f28c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a27be7" xlink:to="loc_us-gaapFinancialInstrumentAxis_29f28c" order="1080" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_32eba9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancialInstrumentAxis_29f28c" xlink:to="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_32eba9" order="1080" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TwoThousandTwentyOneIncentivePlanMember" xlink:label="loc_pedTwoThousandTwentyOneIncentivePlanMember_4b8478" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_b05db1" xlink:to="loc_pedTwoThousandTwentyOneIncentivePlanMember_4b8478" order="1081" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RestrictedStockAwardsMember" xlink:label="loc_pedRestrictedStockAwardsMember_d0d5bc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1c4ad2" xlink:to="loc_pedRestrictedStockAwardsMember_d0d5bc" order="1082" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ThreeBoardMembersMember" xlink:label="loc_pedThreeBoardMembersMember_5c71f6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain_825284" xlink:to="loc_pedThreeBoardMembersMember_5c71f6" order="1083" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BoardOfMembersMember" xlink:label="loc_pedBoardOfMembersMember_25c951" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain_825284" xlink:to="loc_pedBoardOfMembersMember_25c951" order="1084" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OfficersAndEmployeesMember" xlink:label="loc_pedOfficersAndEmployeesMember_dea70a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain_825284" xlink:to="loc_pedOfficersAndEmployeesMember_dea70a" order="1085" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TwoBoardMembersMember" xlink:label="loc_pedTwoBoardMembersMember_f18134" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain_825284" xlink:to="loc_pedTwoBoardMembersMember_f18134" order="1086" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ChiefExecutiveOfficerMember" xlink:label="loc_srtChiefExecutiveOfficerMember_e92631" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_450300" xlink:to="loc_srtChiefExecutiveOfficerMember_e92631" order="1087" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_BoardOfDirectorsMember" xlink:label="loc_pedBoardOfDirectorsMember_f05301" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain_825284" xlink:to="loc_pedBoardOfDirectorsMember_f05301" order="1088" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OptionMember" xlink:label="loc_us-gaapOptionMember_e856af" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapTransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_32eba9" xlink:to="loc_us-gaapOptionMember_e856af" order="1089" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_PerformanceBasedRestrictedStockAwardMember" xlink:label="loc_pedPerformanceBasedRestrictedStockAwardMember_b0ed10" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1c4ad2" xlink:to="loc_pedPerformanceBasedRestrictedStockAwardMember_b0ed10" order="1090" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ExecutiveOfficersAndEmployeesMember" xlink:label="loc_pedExecutiveOfficersAndEmployeesMember_79f732" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_450300" xlink:to="loc_pedExecutiveOfficersAndEmployeesMember_79f732" order="1091" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TwoOtherEmployeesMember" xlink:label="loc_pedTwoOtherEmployeesMember_d4a20d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_450300" xlink:to="loc_pedTwoOtherEmployeesMember_d4a20d" order="1092" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ChiefFinancialOfficerMember" xlink:label="loc_srtChiefFinancialOfficerMember_1ab576" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_450300" xlink:to="loc_srtChiefFinancialOfficerMember_1ab576" order="1093" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ExecutiveVicePresidentMember" xlink:label="loc_srtExecutiveVicePresidentMember_ab616a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_450300" xlink:to="loc_srtExecutiveVicePresidentMember_ab616a" order="1094" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions" xlink:label="loc_us-gaapEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_6ec2e7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_6ec2e7" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OptionUnexerciseExpired" xlink:label="loc_pedOptionUnexerciseExpired_0bafe1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_pedOptionUnexerciseExpired_0bafe1" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_UnamortizedStockBasedCompensationExpenseRestrictedStockOption" xlink:label="loc_pedUnamortizedStockBasedCompensationExpenseRestrictedStockOption_0efb44" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_pedUnamortizedStockBasedCompensationExpenseRestrictedStockOption_0efb44" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockOptionPlanExpense" xlink:label="loc_us-gaapStockOptionPlanExpense_e35d30" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapStockOptionPlanExpense_e35d30" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConversionOfStockSharesConverted1" xlink:label="loc_us-gaapConversionOfStockSharesConverted1_4fc228" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapConversionOfStockSharesConverted1_4fc228" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="loc_us-gaapCommonStockDividendsPerShareCashPaid_087d3b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapCommonStockDividendsPerShareCashPaid_087d3b" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueOther" xlink:label="loc_us-gaapStockIssuedDuringPeriodValueOther_8b9969" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapStockIssuedDuringPeriodValueOther_8b9969" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions_984934" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions_984934" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_046419" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_046419" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_a3d616" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_a3d616" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ContractTerminationClaimsDescription" xlink:label="loc_us-gaapContractTerminationClaimsDescription_f0cde1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapContractTerminationClaimsDescription_f0cde1" order="11" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformanceConditionDescription" xlink:label="loc_pedShareBasedCompensationArrangementByShareBasedPaymentAwardPerformanceConditionDescription_a06d2d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_pedShareBasedCompensationArrangementByShareBasedPaymentAwardPerformanceConditionDescription_a06d2d" order="12" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_CommonStockCapitalSharesReservedForFutureIssuanceDescription" xlink:label="loc_pedCommonStockCapitalSharesReservedForFutureIssuanceDescription_995007" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_pedCommonStockCapitalSharesReservedForFutureIssuanceDescription_995007" order="13" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="loc_us-gaapCommonStockCapitalSharesReservedForFutureIssuance_c0de56" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapCommonStockCapitalSharesReservedForFutureIssuance_c0de56" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_730b4b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted_730b4b" order="15" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesRestrictedStockAwardGross_f26c8b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesRestrictedStockAwardGross_f26c8b" order="16" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DescriptionOfShareBasedCompensationArrangementByShareBasedPaymentSharesOfRestrictedCommonStockVested" xlink:label="loc_pedDescriptionOfShareBasedCompensationArrangementByShareBasedPaymentSharesOfRestrictedCommonStockVested_2cacc0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_pedDescriptionOfShareBasedCompensationArrangementByShareBasedPaymentSharesOfRestrictedCommonStockVested_2cacc0" order="17" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_RestrictedSharesOfCommonStockForfeited" xlink:label="loc_pedRestrictedSharesOfCommonStockForfeited_c174ee" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_pedRestrictedSharesOfCommonStockForfeited_c174ee" order="18" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_007d2c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_007d2c" order="19" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_7f6f34" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_7f6f34" order="20" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockOrUnitsAvailableForDistributions" xlink:label="loc_us-gaapStockOrUnitsAvailableForDistributions_b50208" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapStockOrUnitsAvailableForDistributions_b50208" order="21" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DescriptionOfRestrictedStoc" xlink:label="loc_pedDescriptionOfRestrictedStoc_d84b08" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_pedDescriptionOfRestrictedStoc_d84b08" order="22" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaapProceedsFromIssuanceOfCommonStock_e22c53" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapProceedsFromIssuanceOfCommonStock_e22c53" order="23" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued" xlink:label="loc_us-gaapDeferredCompensationArrangementWithIndividualFairValueOfSharesIssued_682010" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapDeferredCompensationArrangementWithIndividualFairValueOfSharesIssued_682010" order="24" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_6c9633" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_74fc59" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_6c9633" order="25" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/EarningsPerCommonShareDetails" xlink:title="995608 - Disclosure - EARNINGS PER COMMON SHARE (Details)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract_14508a" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NumeratorAbstract" xlink:label="loc_pedNumeratorAbstract_1954b5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_14508a" xlink:to="loc_pedNumeratorAbstract_1954b5" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss_2de6b5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedNumeratorAbstract_1954b5" xlink:to="loc_us-gaapProfitLoss_2de6b5" order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DilutiveEffectOfCommonStockEquivalentAbstract" xlink:label="loc_pedDilutiveEffectOfCommonStockEquivalentAbstract_6df76c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_pedNumeratorAbstract_1954b5" xlink:to="loc_pedDilutiveEffectOfCommonStockEquivalentAbstract_6df76c" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_8a47e9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_14508a" xlink:to="loc_us-gaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_8a47e9" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DenominatorOtherAbstract" xlink:label="loc_pedDenominatorOtherAbstract_5d7633" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_14508a" xlink:to="loc_pedDenominatorOtherAbstract_5d7633" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic_f0ddf5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_14508a" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic_f0ddf5" order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding_3567d9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_14508a" xlink:to="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding_3567d9" order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaapEarningsPerShareBasic_4a2e21" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_14508a" xlink:to="loc_us-gaapEarningsPerShareBasic_4a2e21" order="8" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaapEarningsPerShareDiluted_af05e7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_14508a" xlink:to="loc_us-gaapEarningsPerShareDiluted_af05e7" order="9" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/EarningsPerCommonShareDetailsNarrative" xlink:title="995609 - Disclosure - EARNINGS PER COMMON SHARE (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract_de0d6b" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_WeightedAverageNumberOfDilutivePotentialCommonSharesExcludedFromComputationOfDilutedEPS" xlink:label="loc_pedWeightedAverageNumberOfDilutivePotentialCommonSharesExcludedFromComputationOfDilutedEPS_4be809" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_de0d6b" xlink:to="loc_pedWeightedAverageNumberOfDilutivePotentialCommonSharesExcludedFromComputationOfDilutedEPS_4be809" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_396d0e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract_de0d6b" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_396d0e" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/IncomeTaxesDetails" xlink:title="995610 - Disclosure - INCOME TAXES (Details)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_d411b8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract" xlink:label="loc_us-gaapCurrentFederalStateAndLocalTaxExpenseBenefitAbstract_3202a2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_d411b8" xlink:to="loc_us-gaapCurrentFederalStateAndLocalTaxExpenseBenefitAbstract_3202a2" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaapCurrentFederalTaxExpenseBenefit_344c15" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCurrentFederalStateAndLocalTaxExpenseBenefitAbstract_3202a2" xlink:to="loc_us-gaapCurrentFederalTaxExpenseBenefit_344c15" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaapCurrentStateAndLocalTaxExpenseBenefit_1f5542" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCurrentFederalStateAndLocalTaxExpenseBenefitAbstract_3202a2" xlink:to="loc_us-gaapCurrentStateAndLocalTaxExpenseBenefit_1f5542" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="loc_us-gaapCurrentIncomeTaxExpenseBenefit_83834d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_d411b8" xlink:to="loc_us-gaapCurrentIncomeTaxExpenseBenefit_83834d" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract" xlink:label="loc_us-gaapDeferredFederalStateAndLocalTaxExpenseBenefitAbstract_0ad025" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_d411b8" xlink:to="loc_us-gaapDeferredFederalStateAndLocalTaxExpenseBenefitAbstract_0ad025" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaapDeferredFederalIncomeTaxExpenseBenefit_ae0845" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredFederalStateAndLocalTaxExpenseBenefitAbstract_0ad025" xlink:to="loc_us-gaapDeferredFederalIncomeTaxExpenseBenefit_ae0845" order="6" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaapDeferredFederalStateAndLocalTaxExpenseBenefit_56e203" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredFederalStateAndLocalTaxExpenseBenefitAbstract_0ad025" xlink:to="loc_us-gaapDeferredFederalStateAndLocalTaxExpenseBenefit_56e203" order="7" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredOtherTaxExpenseBenefit" xlink:label="loc_us-gaapDeferredOtherTaxExpenseBenefit_25f115" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_d411b8" xlink:to="loc_us-gaapDeferredOtherTaxExpenseBenefit_25f115" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaapIncomeTaxExpenseBenefit_572e1f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_d411b8" xlink:to="loc_us-gaapIncomeTaxExpenseBenefit_572e1f" order="9" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/IncomeTaxesDetails1" xlink:title="995611 - Disclosure - INCOME TAXES (Details 1)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="loc_us-gaapCurrentForeignTaxExpenseBenefit_c2e979" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapCurrentForeignTaxExpenseBenefit_c2e979" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaapEffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_fd871e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapEffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_fd871e" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_StateAndLocalTaxExpenseBenefit" xlink:label="loc_pedStateAndLocalTaxExpenseBenefit_b527e8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_pedStateAndLocalTaxExpenseBenefit_b527e8" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaapEffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_ec1fce" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapEffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_ec1fce" order="4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="loc_us-gaapValuationAllowanceDeferredTaxAssetChangeInAmount_396fac" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapValuationAllowanceDeferredTaxAssetChangeInAmount_396fac" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaapEffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_39a8be" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapEffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_39a8be" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseLifeInsurance" xlink:label="loc_us-gaapIncomeTaxReconciliationNondeductibleExpenseLifeInsurance_8996f5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapIncomeTaxReconciliationNondeductibleExpenseLifeInsurance_8996f5" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLifeInsurance" xlink:label="loc_us-gaapEffectiveIncomeTaxRateReconciliationNondeductibleExpenseLifeInsurance_ba0534" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapEffectiveIncomeTaxRateReconciliationNondeductibleExpenseLifeInsurance_ba0534" order="8" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="loc_us-gaapIncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_d9adb2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapIncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_d9adb2" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="loc_us-gaapEffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_988a86" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapEffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_988a86" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseOther" xlink:label="loc_us-gaapIncomeTaxReconciliationNondeductibleExpenseOther_a51f31" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapIncomeTaxReconciliationNondeductibleExpenseOther_a51f31" order="11" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther" xlink:label="loc_us-gaapEffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther_a5b1ba" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapEffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther_a5b1ba" order="12" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OtherAdjustmentDeferedTaxExpenseBenefit" xlink:label="loc_pedOtherAdjustmentDeferedTaxExpenseBenefit_d73d33" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_pedOtherAdjustmentDeferedTaxExpenseBenefit_d73d33" order="13" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_OtherAdjustmentDeferedTaxExpenseBenefitPercentage" xlink:label="loc_pedOtherAdjustmentDeferedTaxExpenseBenefitPercentage_f64c02" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_pedOtherAdjustmentDeferedTaxExpenseBenefitPercentage_f64c02" order="14" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaapIncomeTaxExpenseBenefit_218f53" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapIncomeTaxExpenseBenefit_218f53" order="15" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaapEffectiveIncomeTaxRateContinuingOperations_a2977e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_0ee6e1" xlink:to="loc_us-gaapEffectiveIncomeTaxRateContinuingOperations_a2977e" order="16" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/IncomeTaxesDetails2" xlink:title="995612 - Disclosure - INCOME TAXES (Details 2)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_8254ed" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsNetAbstract" xlink:label="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_8254ed" xlink:to="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwards_4ac958" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwards_4ac958" order="2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations" xlink:label="loc_us-gaapDeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations_9a319b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_us-gaapDeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations_9a319b" order="3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:label="loc_us-gaapDeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_519021" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_us-gaapDeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_519021" order="4" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DeferredTaxAssetsRightOfUseLiability" xlink:label="loc_pedDeferredTaxAssetsRightOfUseLiability_cdcb0e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_pedDeferredTaxAssetsRightOfUseLiability_cdcb0e" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther" xlink:label="loc_us-gaapDeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther_2a5062" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_us-gaapDeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther_2a5062" order="6" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaapDeferredTaxAssetsGross_129a46" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_us-gaapDeferredTaxAssetsGross_129a46" order="7" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaapDeferredTaxAssetsValuationAllowance_2a81bb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_us-gaapDeferredTaxAssetsValuationAllowance_2a81bb" order="8" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DeferredTaxAssetsAfterValuationAllowance" xlink:label="loc_pedDeferredTaxAssetsAfterValuationAllowance_4c024e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetAbstract_74cc9e" xlink:to="loc_pedDeferredTaxAssetsAfterValuationAllowance_4c024e" order="9" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="loc_us-gaapDeferredTaxLiabilitiesAbstract_463507" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_8254ed" xlink:to="loc_us-gaapDeferredTaxLiabilitiesAbstract_463507" order="10" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="loc_us-gaapDeferredTaxLiabilitiesPropertyPlantAndEquipment_98d410" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_463507" xlink:to="loc_us-gaapDeferredTaxLiabilitiesPropertyPlantAndEquipment_98d410" order="11" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxLiabilitiesDerivatives" xlink:label="loc_us-gaapDeferredTaxLiabilitiesDerivatives_50eac4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_463507" xlink:to="loc_us-gaapDeferredTaxLiabilitiesDerivatives_50eac4" order="12" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DeferredTaxLiabilitiesRightOfUseAsset" xlink:label="loc_pedDeferredTaxLiabilitiesRightOfUseAsset_c854a5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_463507" xlink:to="loc_pedDeferredTaxLiabilitiesRightOfUseAsset_c854a5" order="13" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaapDeferredTaxLiabilities_75c765" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_8254ed" xlink:to="loc_us-gaapDeferredTaxLiabilities_75c765" order="14" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NetDeferredTaxAssetOrDeferredTaxLiability" xlink:label="loc_pedNetDeferredTaxAssetOrDeferredTaxLiability_ee9b1d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_8254ed" xlink:to="loc_pedNetDeferredTaxAssetOrDeferredTaxLiability_ee9b1d" order="15" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/IncomeTaxesDetailsNarrative" xlink:title="995613 - Disclosure - INCOME TAXES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaapDeferredTaxAssetsNet_1f995e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_us-gaapDeferredTaxAssetsNet_1f995e" order="1" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_IncomeTaxExpenseBenefitNet" xlink:label="loc_pedIncomeTaxExpenseBenefitNet_71f4b3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_pedIncomeTaxExpenseBenefitNet_71f4b3" order="2" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DeferredTaxLiabilitiesNet" xlink:label="loc_pedDeferredTaxLiabilitiesNet_442aa6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_pedDeferredTaxLiabilitiesNet_442aa6" order="3" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_DeferredTaxAssetValuationAllowance" xlink:label="loc_pedDeferredTaxAssetValuationAllowance_a5223c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_pedDeferredTaxAssetValuationAllowance_a5223c" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ValuationAllowanceDeferredTaxAssetChangesInAmount" xlink:label="loc_pedValuationAllowanceDeferredTaxAssetChangesInAmount_f183a3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_pedValuationAllowanceDeferredTaxAssetChangesInAmount_f183a3" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="loc_us-gaapOperatingLossCarryforwards_06fc8e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_us-gaapOperatingLossCarryforwards_06fc8e" order="6" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration" xlink:label="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_0974cd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_0974cd" order="7" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_NetOperatingLossCarryforwardExpirationPeriodDescription" xlink:label="loc_pedNetOperatingLossCarryforwardExpirationPeriodDescription_95f9f7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_40662f" xlink:to="loc_pedNetOperatingLossCarryforwardExpirationPeriodDescription_95f9f7" order="8" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://ped.com/role/SubsequentEventsDetailsNarrative" xlink:title="995614 - Disclosure - SUBSEQUENT EVENTS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaapSubsequentEventsAbstract_fa4008" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_172ee6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventsAbstract_fa4008" xlink:to="loc_us-gaapStatementTable_172ee6" order="100" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_eb00b5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_172ee6" xlink:to="loc_us-gaapStatementLineItems_eb00b5" order="2000" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaapSubsequentEventTypeAxis_85905c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_172ee6" xlink:to="loc_us-gaapSubsequentEventTypeAxis_85905c" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaapSubsequentEventTypeDomain_23f6df" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeAxis_85905c" xlink:to="loc_us-gaapSubsequentEventTypeDomain_23f6df" order="1010" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualAxis" xlink:label="loc_srtTitleOfIndividualAxis_0d1143" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_172ee6" xlink:to="loc_srtTitleOfIndividualAxis_0d1143" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualAxis_0d1143" xlink:to="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" order="1020" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaapPlanNameAxis_beb8c5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_172ee6" xlink:to="loc_us-gaapPlanNameAxis_beb8c5" order="1030" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaapPlanNameDomain_6f7167" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameAxis_beb8c5" xlink:to="loc_us-gaapPlanNameDomain_6f7167" order="1030" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaapStatementClassOfStockAxis_cebacb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_172ee6" xlink:to="loc_us-gaapStatementClassOfStockAxis_cebacb" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaapClassOfStockDomain_a2eab4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementClassOfStockAxis_cebacb" xlink:to="loc_us-gaapClassOfStockDomain_a2eab4" order="1040" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaapSubsequentEventMember_789794" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeDomain_23f6df" xlink:to="loc_us-gaapSubsequentEventMember_789794" order="1041" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ChiefOperatingOfficerMember" xlink:label="loc_srtChiefOperatingOfficerMember_e93ac9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" xlink:to="loc_srtChiefOperatingOfficerMember_e93ac9" order="1042" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ChiefFinancialOfficerMember" xlink:label="loc_srtChiefFinancialOfficerMember_dadb09" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" xlink:to="loc_srtChiefFinancialOfficerMember_dadb09" order="1043" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ChiefExecutiveOfficerMember" xlink:label="loc_srtChiefExecutiveOfficerMember_67e21c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" xlink:to="loc_srtChiefExecutiveOfficerMember_67e21c" order="1044" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ExecutiveVicePresidentMember" xlink:label="loc_srtExecutiveVicePresidentMember_393ec1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" xlink:to="loc_srtExecutiveVicePresidentMember_393ec1" order="1045" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ChiefCommercialOfficerMember" xlink:label="loc_pedChiefCommercialOfficerMember_db1199" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" xlink:to="loc_pedChiefCommercialOfficerMember_db1199" order="1046" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_ChiefAccountingOfficerMember" xlink:label="loc_pedChiefAccountingOfficerMember_a96ee9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" xlink:to="loc_pedChiefAccountingOfficerMember_a96ee9" order="1047" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_DirectorMember" xlink:label="loc_srtDirectorMember_f5af8c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_9cd347" xlink:to="loc_srtDirectorMember_f5af8c" order="1048" />
    <link:loc xlink:type="locator" xlink:href="ped-20251231.xsd#ped_TwentyTwentyOnePlanMember" xlink:label="loc_pedTwentyTwentyOnePlanMember_3b4247" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPlanNameDomain_6f7167" xlink:to="loc_pedTwentyTwentyOnePlanMember_3b4247" order="1049" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaapSeriesAPreferredStockMember_ba200e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfStockDomain_a2eab4" xlink:to="loc_us-gaapSeriesAPreferredStockMember_ba200e" order="1050" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OfficersCompensation" xlink:label="loc_us-gaapOfficersCompensation_55b50f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_eb00b5" xlink:to="loc_us-gaapOfficersCompensation_55b50f" order="1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaapCommonStockParOrStatedValuePerShare_57530e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_eb00b5" xlink:to="loc_us-gaapCommonStockParOrStatedValuePerShare_57530e" order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromSecuredLinesOfCredit" xlink:label="loc_us-gaapProceedsFromSecuredLinesOfCredit_12aa82" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_eb00b5" xlink:to="loc_us-gaapProceedsFromSecuredLinesOfCredit_12aa82" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_1b669d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_eb00b5" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_1b669d" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_c6dc86" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_eb00b5" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_c6dc86" order="5" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_ede081" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_eb00b5" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_ede081" order="6" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConversionOfStockSharesConverted1" xlink:label="loc_us-gaapConversionOfStockSharesConverted1_dd632b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_eb00b5" xlink:to="loc_us-gaapConversionOfStockSharesConverted1_dd632b" order="7" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
</link:linkbase>
