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Riley Exploration Permian Inc REPX

Riley Exploration Permian, Inc., together with its subsidiaries is an independent oil and natural gas company. The Company is focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. The Company focuses on horizontal drilling and completions applied to conventional formations in the Permian Basin. The Permian Basin is an oil and natural gas producing area located in West Texas and the adjoining area of Southeastern New Mexico covering an area approximately 250 miles wide and 300 miles long, and encompasses several sub-basins, including the Delaware Basin, Midland Basin, Central Basin Platform and Northwest Shelf. The San Andres Formation is a shelf margin deposit composed of dolomitized carbonates. Its acreage is primarily located on large contiguous blocks in Yoakum County, Texas, which represents its Champions Field and Eddy County, New Mexico.


NYSEAM:REPX - Post by User

Comment by costacorpon Apr 03, 2006 12:20am
220 Views
Post# 10606352

RE: Nice Move

RE: Nice Moveyup, I rarely invest in us stocks, enough to deal with up here in Canada, but I also go into this one because of someone else's recco. What makes you see this going to 10? I just dont see that much potential in their properties. But sure hope you are right though.
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