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Is there a way to extract the information I need through using SQL queries?
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Short answer is that it is possible in most cases. Whether you can do it or not depends on a few things. First, what version of PSQL are you using? All versions since PSQL 2000 (including v8, v9, v10, and v11) have ODBC drivers included. You would need DDF files describing your data files. You may already have them or you may need to go to the vendor of the application or you may have to build them yourself. It really depends. Once you have DDFs, you can use the Pervasive Control Center to see the data and issue queries for testing. As far as reports, you might look at Crystal Reports or other reporting tools. You could also build an application yourself to do execute the queries.
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Given that I have no experience with queries, programming etc should I not even attempt to do this on my own.
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From a query perspective, as long as you stay away from INSERT/UPDATE/DELETE queries and stay with SELECT queries, the worst you will do is slow results. If you want to insulate yourself while learning, you can make a copy of the database and use that until you are ready to run against production data.