Oklahoma City-based Riley Exploration Permian and Houston-based Conduit Power have agreed to form a joint venture that will own and operate on-site power generation utilizing captured flared natural gas to power Riley Permian's operations in Yoakum County, Texas.
/PRNewswire/ Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian") and Conduit Power, LLC ("Conduit"), a portfolio company of Grey Rock.