Riley Exploration Permian, Inc. provided production guidance for the second quarter and reiterated production guidance for the full year 2024. For the second quarter, the company expects Total Net Production of 20.3 MBoe/d to 21.3 MBoe/d and Net Oil Production of 14.4 MBbls/d to 14.8 MBbls/d.

For the year, the company expects Total Net Production of 21.0 MBoe/d to 22.5 MBoe/d and Net Oil Production of 14.0 MBbls/d to 15.0 MBbls/d.