Corporate Overview and Strategy Riley Permian is a growth-oriented, oil and natural gas Select Company Metrics company with operations focused in Texas and New Mexico Net Acres 44K We focus on modern horizontal drilling and completions…
Conventional Asset Base Compares Favorably to Shale (1) Riley Permians focus is on horizontal well development of conventional hydrocarbon formations on the Northwest Shelf Higher porosity and of the Permian Basin Rock Properties…
Track Record of Growth Total Net Production Cash Flow from Operations(1) Shareholders Equity (GAAP) Mboe/d MM MM 18.6 422 206 333 169 11.5 238 9.2 89 2021 2022 2023 2021 2022 2023 2021 2022 2023 (1) Cash Flows from…
Expanding Inventory Options with Bolt-On Acquisition Transaction Overview Asset Map Asset acquisition from an undisclosed seller with a transaction effective date of Riley Permian Acreage December 1, 2023 and an estimated closing…
Leveraging Low-Cost Gas to Generate Baseload Power Background Formation of JV Current Future Low quality power supply: remote Formed RPC Power LLC, joint venture Initial operations for Phase 1 program Phase 2 expansion operating area…
Capital Allocation Priorities MAINTAIN & GROW DELEVER RETURN CAPITAL TO SHAREHOLDERS Reinvest to maintain and grow Strengthen balance sheet to Provide sustainable and growing Objectives cash flow from operations and optimize capital…
2024 Forecasted FCF Sensitivity Based on Oil Price (1) (2) Excess CF for Credit Facility paydown and opportunistic investments Annual paydown on Sr. Notes (20MM per year) (3) Dividend (current level of 0.36 per share per quarter)…
Summary Hedging Program and Potential Impact (1) 2024 Implied Oil Price Realizations at Various WTI Prices(2) 59% of 2024 forecasted oil production hedged 2024s hedged mix includes 54% collars / 46% fixed price swaps by volume,…
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2024 Plan Guidance 2024 Plan Target: 10% Y/Y Oil Growth and 10% Y/Y Reduction in Capex Activity, Production, and Investing Guidance Quarterly Detail for Estimated Realizations and Cost Guidance Full-Year 1Q24 1Q24 2024 Gross…
Equity Ownership and Research Analyst Coverage Pro Forma Equity Ownership Research Analyst Coverage Shareholding as of 4/3/24(1) Shares (MM) Ownership % Firm Analyst (2) Yorktown Energy Partners 4.7 22% Bluescape Energy Partners(2)…
Debt Summary 50% of principal value of debt at 12/31/23 was fixed rate debt SOFR swaps in place for 80MM per quarter of notional value for 2Q24 - 4Q25 at 3.1%, corresponding to 43% of principal value of floating-rate debt at…
Additional Information Company 29 E. Reno Ave., Ste 500 Oklahoma City, OK 73104 405-415-8699 www.rileypermian.com Investor Relations Rick DAngelo 405-438-0126 irrileypermian.com 16
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