CEntral Basin Platform

[RTaber1]

Who would be the producer with the greatest number of DUCs in the CBP
with a market cap of about $1 billion?

Thank you.

[dan_s]

Ring Energy and Riley Exploration are active in the CBP, but I don't know which small-cap has the most DUCs.

Lots of private companies are active in the CBP.

[ChuckGeb]

I have heard Riley stress that they are operating in the San Andreas and not the Central Basis Platform like Ring. I don't know the significance of this. Your thoughts?

[dan_s]

The San Andres is a formation in the CBP that is a perfect fit for CO2 floods.

See this map: https://store.beg.utexas.edu/3127-tm_th ... ri0208.jpg

Riley is in the SW corner of New Mexico with a CO2 Flood Pilot Project that could significantly increase their P1 reserves.