Riley Exploration Permian Inc (AMEX:REPX)
$ 31.16 0.2 (0.65%) Market Cap: 669.41 Mil Enterprise Value: 946.88 Mil PE Ratio: 5.52 PB Ratio: 1.32 GF Score: 83/100

Riley Exploration Permian Inc M&A Call Transcript

Feb 28, 2023 / 08:00PM GMT
Release Date Price: $30.6 (+2.96%)
Operator

Good afternoon. My name is Chris, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Riley Permian public announcement of an acquisition. (Operator Instructions)

Thank you. Bobby Riley, Chairman and CEO, you may begin.

Bobby D. Riley
Riley Exploration Permian, Inc. - CEO & Chairman

Thank you, everyone, for joining the call. We're excited to discuss the acquisition that we announced this morning and how we think it's going to enhance our operations and our opportunities.

So I'm not going to spend a lot of time on talking about anything that you've already read about, but we've got our team here for Q&A. And like I say, we plan to close this within the first couple of days of the second quarter. We're finalizing our due diligence and getting ready to move on with it.

So we're very excited about it. We think it enhances our drilling inventory, which is a big factor that we were looking at, and adds to most all of our metrics across the board.

So with that, let's get into it

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