Riley Exploration Q2 Growth Amid Pipeline Hurdles | Business and Finance News

Riley Exploration Permian crushed Q2 expectations with strong revenue growth, fueled by relentless drilling and operational efficiency—despite midstream headaches from pipeline issues in April and May. Oil production hit 24,400 barrels per day by quarter’s end, while cost-cutting in Texas and New Mexico is driving results. The company’s got ample in-house acreage to grow, reducing reliance on acquisitions. A new gas pipeline is expected soon to fix bottlenecks, and they’re using financial hedges to manage exposure. Ahead: Can efficiency keep pace with rising costs? How fast will new wells ramp up? And how well will recent deals integrate into their momentum? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/49c19c6c8bd893fe