REPX Takes Advantage of Low Valuations To Build Asset Base

Riley Exploration Permian (REPX) is a Permian pure player, with a 60-40 oil-gas split for production. Across 78,600 acres, and a planned acquisition of an additional 47,000, REPX is guiding toward output 26.4 Mboe/d (thousand barrels of oil equivalent per day) at the midpoint or a 17.3% increase year over year.