Riley Exploration Permian, Inc. Common Stock
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Riley Exploration Permian, Inc. Common Stock (REPX) is an independent oil and natural gas company headquartered in Oklahoma City, Oklahoma. The company engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids, with operations concentrated in Texas and New Mexico. Its work is centered in the Permian Basin, one of the major oil and gas producing regions in the United States.
The company's acreage is primarily located on contiguous blocks in Yoakum County, Texas. It also holds oil and natural gas properties in the Yeso trend of the Permian Basin in Eddy County, New Mexico. Holding contiguous acreage can support more efficient development, since operations can be planned across connected tracts of land rather than scattered parcels. These positions in Texas and New Mexico form the core of the company's asset base.
As an independent producer, Riley Exploration Permian generates its business from finding, developing, and producing hydrocarbons, including crude oil, natural gas, and the liquids extracted from natural gas. Its focus on acquisition, exploration, development, and production places it in the upstream portion of the energy industry, rather than in refining, processing for resale, or fuel retailing. By concentrating its activity in the Permian Basin, REPX aligns itself with a region known for substantial oil and gas resources. The source provides a concise overview of the company's footprint and does not include specific production volumes or financial figures, so this description reflects the operational focus and geographic base that have been disclosed.