Riley Exploration Permian Files 8-K Amendment

Ticker: REPX · Form: 8-K · Filed: Dec 4, 2025 · CIK: 1001614

Riley Exploration Permian, Inc. 8-K Filing Summary
FieldDetail
CompanyRiley Exploration Permian, Inc. (REPX)
Form Type8-K
Filed DateDec 4, 2025
Risk Levelmedium
Pages3
Reading Time3 min
Key Dollar Amounts$0.001, $111 m, $60 million, $10 m
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, 8-k-amendment, oil-gas

TL;DR

Riley Exploration Permian signed a new material agreement on Dec 3rd, filed an 8-K amendment.

AI Summary

Riley Exploration Permian, Inc. filed an 8-K on December 4, 2025, reporting an amendment to a previous filing. The report indicates a material definitive agreement was entered into on December 3, 2025. Specific details of this agreement, including parties involved and financial terms, are not fully disclosed in the provided excerpt but are referenced as being filed.

Why It Matters

This filing signals a significant new agreement for Riley Exploration Permian, which could impact its operations, financial standing, and future strategic direction.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which inherently carries business risks, but the lack of specific details in the excerpt prevents a precise risk assessment.

Key Players & Entities

  • Riley Exploration Permian, Inc. (company) — Registrant
  • Delaware (jurisdiction) — State of incorporation
  • Oklahoma City, Oklahoma (location) — Principal Executive Offices
  • December 3, 2025 (date) — Date of earliest event reported
  • December 4, 2025 (date) — Date of report

FAQ

What is the nature of the material definitive agreement entered into by Riley Exploration Permian, Inc. on December 3, 2025?

The provided excerpt does not specify the nature of the material definitive agreement, only that one was entered into and is being reported via an 8-K amendment.

What is the filing date of this 8-K report?

The 8-K report was filed as of December 4, 2025.

What was the previous company name for Riley Exploration Permian, Inc.?

The former company name was TENGASCO INC, with a date of name change on June 12, 1996.

What is the principal executive office address for Riley Exploration Permian, Inc.?

The principal executive offices are located at 29 E. Reno Avenue, Suite 500, Oklahoma City, Oklahoma 73104.

What is the SIC code for Riley Exploration Permian, Inc.?

The Standard Industrial Classification (SIC) code is 1311 for Crude Petroleum & Natural Gas.

Filing Stats: 860 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2025-12-04 08:10:20

Key Financial Figures

  • $0.001 — ich registered Common Stock, par value $0.001 per share REPX NYSE American Indicate
  • $111 m — te cash purchase price of approximately $111 million, subject to customary purchase pr
  • $60 million — s the right to earn up to an additional $60 million earn out in cash contingent on achievin
  • $10 m — te cash purchase price of approximately $10 million, subject to the satisfaction of c

Filing Documents

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On December 3, 2025 (the "Closing Date"), Riley Exploration - Permian, LLC. ("REP LLC"), a wholly-owned subsidiary of Riley Exploration Permian, Inc. ("REPX," together with REP LLC, hereinafter referred to as the "Company"), entered into a purchase and sale agreement (the "Purchase Agreement") with Targa Northern Delaware LLC ("Buyer"), pursuant to which the Company sold to Buyer all of the membership interests in Dovetail Midstream, LLC, a wholly owned subsidiary of the Company that holds certain midstream infrastructure projects in Eddy County, New Mexico, for an aggregate cash purchase price of approximately $111 million, subject to customary purchase price adjustments (the "Midstream Sale"). Closing proceeds from the transaction will be used to reduce borrowings on the Company's credit facility and to pay income taxes and transaction costs associated with the transaction. The Company also has the right to earn up to an additional $60 million earn out in cash contingent on achieving certain volume-based performance thresholds over a five-year period. The closing of the Midstream Sale took place simultaneously with execution of the Purchase Agreement. The Purchase Agreement also provides for the sale by the Company to Buyer of certain compressor station assets at a subsequent closing date anticipated to occur no later than the first quarter of 2026 for an aggregate cash purchase price of approximately $10 million, subject to the satisfaction of certain closing conditions. The foregoing description of the Purchase Agreement contained herein does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement, which is attached hereto as Exhibit 2.1 and is incorporated herein by reference. Pursuant to Item 601(b)(10)(iv) of Regulation S-K, the Company has redacted from the filed copy of the Purchase Agreement certain information that is both (i) not material and (ii) is the

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On December 4, 2025, the Company issued a press release announcing the completion of the Midstream Sale. A copy of the press release is furnished as Exhibit 99.1 hereto. In accordance with General Instruction B.2. of Form 8-K, the information furnished pursuant to Item 7.01 in this Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filing under the Securities Act, or the Exchange Act, except as expressly set forth by specific reference in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 2.1* Purchase and Sale Agreement dated December 3, 2025, by and between Riley Exploration - Permian, LLC and Targa Northern Delaware LLC. 99.1 Press Release dated December 4, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Certain portions of this document that constitute confidential information have been redacted in accordance with Regulation S-K, Item 601(b)(10).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RILEY EXPLORATION PERMIAN, INC. Date: December 4, 2025 By: /s/ Philip Riley Philip Riley Chief Financial Officer and Executive Vice President of Strategy

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.