Riley Exploration Permian

General Information
Business:

 

We are a growth-oriented, independent oil and natural gas company focused on rapidly growing our reserves, production and cash flow through the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids, or NGLs, reserves in the Permian Basin. This basin, which is one of the major producing basins in the United States, is characterized by an extensive production history, a favorable operating environment, established infrastructure, long reserve life, multiple producing horizons, significant oil in place and a large number of operators. Our activities are primarily focused on the San Andres Formation, a shelf margin deposit on the Central Basin Platform and Northwest Shelf, which accounts for approximately 24% of the nearly 30 billion barrels of oil historically produced from the Permian Basin and where horizontal production has increased by more than 425% since January 2014.

Industry: CRUDE PETROLEUM & NATURAL GAS
Employees: 38
Founded: 2016
Contact Information
Address 29 E. Reno Avenue, Suite 500, Oklahoma City, OK 73104, US
Phone Number (405) 415-8699
Web Address http://www.rileypermian.com
View Prospectus: Riley Exploration Permian
Financial Information
Market Cap $354.0mil
Revenues $57.7 mil (last 12 months)
Net Income $-17.4 mil (last 12 months)
IPO Profile
Symbol REPX
Exchange NYSE
Shares (millions): 6.7
Price range $14.00 - $16.00
Est. $ Volume $100.0 mil
Manager / Joint Managers SunTrust Robinson Humphrey/ Seaport Global Securities/ Capital One Securities
CO-Managers Imperial Capital/ Roth Capital Partners
Expected To Trade: 10/17/2018
Status: Postponed
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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