Riley Exploration Permian Inc (REPX) USD0.001

Riley Exploration Permian, Inc., together with its subsidiaries, is an independent oil and natural gas company. The Company is focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. The Company focuses on horizontal drilling of conventional oil-saturated and liquids-rich formations that produce long-term stable cash flows in the Permian Basin. The Permian Basin is an oil and natural gas producing area located in West Texas and the adjoining area of Southeastern New Mexico covering an area approximately 250 miles wide and 300 miles long, and encompasses several sub-basins, including the Delaware Basin, Midland Basin, Central Basin Platform and Northwest Shelf. Its acreage is primarily located on large contiguous blocks in Yoakum County, Texas, which represents its Champions Field and in Eddy County, New Mexico. The Company holds approximately 58,270 net acres and a total of 612 net producing wells.