 OKLAHOMA CITY, Aug. 12, 2021 PRNewswire -- Riley Exploration Permian, Inc. NYSE American: REPX Riley Permian or the Company, today reported financial and operational results for the fiscal third quarter ended June 30, 2021. HIGHLIGHTS Increased total net equivalent production by 35 to 9.1 MBoed for the three months ended June 30, 2021, as compared to the same period in 2020, or by 10 quarter-over-quarter compared to fiscal second quarter 2021 Generated cash flow from continuing operations of 58.8 million for the nine months ended June 30, 2021 Reported a net loss of 21.5 million for the three months ended June 30, 2021, with Income from Operations of 19.3 million for the same period Reduced Cash Costs1 per Boe by 7 quarter-over-quarter; realized a Cash Margin1 of 35.11Boe before derivative settlements or 25.80Boe after derivative settlements Total cash capital expenditures before acquisitions of 40.1 million for the nine months ended June 30, 2021, which corresponds to 61 of Adjusted EBITDAX1 Generated Free Cash Flow1 of 18.8 million for the nine months ended June 30, 2021 Completed 47 million net capital raise in July 2021 with issuance of 1.67 million shares: secured funding for acceleration of Enhanced Oil Recovery EOR program and increased estimated trading float by 77 Exited the third quarter with 6.9 million in cash and 97.5 million drawn on our credit facility; subsequently reduced credit facility borrowings to 62 million in July 2021 Paid cash common dividends of 0.28 per share or 5.0 million in total on May 7, 2021 Announced latest dividend, subsequent to the fiscal third quarter, of 0.28 per share or 5.5 million in total, which was paid August 6, 2021; current dividend2 implies a 5.8 annualized yield based on the August 6, 2021 closing price of 19.27 per share Commenting on the fiscal third quarter performance, Bobby Riley, Chairman and CEO, said, Riley Permian continued to perform well in the fiscal third quarterly both operationally and financially. 