Riley Exploration Permian, Inc. provided production guidance for the fiscal year 2022. Based on current estimates, and availability, the company forecast that full-year fiscal 2022 oil production could average 7.5 MBbls per day to 7.8 MBbls per day, representing 17% to 22% growth from fiscal year 2021 average oil production. Based on historical averages for oil contribution, and estimates for new gas processing capacity, forecast that full-year fiscal 2022 total equivalent production could average 10.0 MBoe per day to 10.4 MBoe per day.
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