Riley Exploration Permian Inc. has provided an update on its operations for the second quarter of 2025. The company, which operates in Texas and New Mexico, highlighted its strategic acquisition of Silverback, completed on July 1, 2025. Riley Permian is leveraging modern horizontal drilling and completion techniques to enhance production from oil-saturated and liquids-rich formations. The company reported a 30.2 Mboe/d midpoint guidance for the third quarter of 2025 and noted a 41% reinvestment rate over the past 12 months. Riley Permian's assets are said to compete effectively with the core Permian Basin on economic terms, with lower relative declines and breakeven costs. The company is expanding its scale in New Mexico, with 70,000 net working interest acres, including approximately 30,000 net acres in the Yeso Trend. You can access the full presentation through the link below.
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