Riley Exploration Permian: Reverses Some 2025 Capex Cuts After Closing Silverback Acquisition

Group 1 - Riley Exploration Permian (NYSE: REPX) has partially reversed its earlier reduction in the 2025 capex budget, adding back close to $35 million [2] - The additional budget will be allocated towards a mix of midstream and upstream capital expenditures [2] - The company is focused on both value opportunities and distressed plays, particularly in the energy sector [2]