Riley Permian Announces Increase in Borrowing Base and Schedules Third Quarter 2022 Earnings Release and Conference Call

Rhea-AI Summary

Riley Exploration Permian recently announced an increase in its borrowing base from $200 million to $225 million through its senior secured revolving credit facility. Additionally, the company plans to release its third quarter 2022 financial and operational results on November 14, 2022, after market close. A conference call for discussing these results will take place on November 15, 2022, at 10:00 a.m. CT. Interested parties can participate via a toll-free number or by dialing in directly. Further details will be provided in a company presentation prior to the call.

Positive

• Increased borrowing base from $200 million to $225 million.

Negative

• None.

OKLAHOMA CITY, Oct. 26, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") announced that its bank group has increased the Company's borrowing base of its senior secured revolving credit facility from $200 million to $225 million. 

Additionally, the Company announced plans to release third quarter 2022 financial and operating results on November 14, 2022 after the U.S. financial markets close.

In connection with the earnings release, Riley Permian management will host a conference call for investors and analysts on November 15, 2022 at 10:00 a.m. CT to discuss the Company's results and to host a Q&A session. Interested parties are invited to participate by calling:

• Toll Free Dial-In, 1 (888) 330-2214
• Toll Dial-In, 1 (646) 960-0161
• Conference ID number 5405646

An updated company presentation, which will include certain items to be discussed on the call, will be posted prior to the call on the Company's website (www.rileypermian.com).

A replay of the call will be available until November 29, 2022 by calling:

• Toll Free Dial-In, 1 (800) 770-2030
• Toll Dial-In, 1 (647) 362-9199
• Conference ID number 5405646

About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com.

Investor Contact:

Rick D'Angelo
405-438-0126
IR@rileypermian.com

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SOURCE Riley Exploration Permian, Inc.

FAQ

What is the new borrowing base for Riley Exploration Permian (REPX)?

Riley Exploration Permian's new borrowing base is $225 million.

When will Riley Exploration Permian release its Q3 2022 financial results?

The Q3 2022 financial results will be released on November 14, 2022.

When is the conference call for Riley Exploration Permian's Q3 earnings?

The conference call will take place on November 15, 2022, at 10:00 a.m. CT.

How can I participate in the conference call for Riley Exploration Permian?

Participants can join the conference call by dialing 1 (888) 330-2214 for toll-free or 1 (646) 960-0161 for toll calls.