Riley Exploration Permian Completes Acquisition
Ticker: REPX · Form: 8-K · Filed: Dec 30, 2025 · CIK: 1001614
| Field | Detail |
|---|---|
| Company | Riley Exploration Permian, Inc. (REPX) |
| Form Type | 8-K |
| Filed Date | Dec 30, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $111 m, $10 million, $1.4 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, oil-and-gas
TL;DR
Riley Exploration Permian just bought something, details TBD.
AI Summary
Riley Exploration Permian, Inc. announced the completion of an acquisition on December 24, 2025. The filing does not specify the target of the acquisition or any financial details related to the transaction.
Why It Matters
This filing indicates a significant strategic move by Riley Exploration Permian, potentially altering its asset base and future revenue streams.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent risks related to integration, valuation, and potential overpayment, but specific details are missing.
Key Players & Entities
- Riley Exploration Permian, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- December 24, 2025 (date) — Date of earliest event reported
FAQ
What was acquired by Riley Exploration Permian, Inc.?
The filing states that Riley Exploration Permian, Inc. completed an acquisition, but does not specify the target company or assets.
What was the date of the acquisition completion?
The earliest event reported in the filing occurred on December 24, 2025, which is the date of the completion of the acquisition.
Are there any financial details provided for this acquisition?
No specific financial amounts, such as purchase price or deal value, are mentioned in the provided text of the filing.
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 Standard Industrial Classification (SIC) code for Riley Exploration Permian, Inc.?
The SIC code is 1311, which corresponds to Crude Petroleum & Natural Gas.
Filing Stats: 821 words · 3 min read · ~3 pages · Grade level 13 · Accepted 2025-12-30 06:08:52
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
- $10 million — te cash purchase price of approximately $10 million plus reimbursement of $1.4 million of c
- $1.4 million — ately $10 million plus reimbursement of $1.4 million of capital improvements at a subsequent
Filing Documents
- repx-20251224.htm (8-K) — 27KB
- proformafinancialstatement.htm (EX-99.1) — 240KB
- 0001001614-25-000069.txt ( ) — 401KB
- repx-20251224.xsd (EX-101.SCH) — 2KB
- repx-20251224_lab.xml (EX-101.LAB) — 23KB
- repx-20251224_pre.xml (EX-101.PRE) — 13KB
- repx-20251224_htm.xml (XML) — 3KB
01 Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets. As previously disclosed in the Current Report on Form 8-K filed on December 4, 2025 (the "Prior 8-K") with the Securities and Exchange Commission, on December 3, 2025, 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"). The Midstream Sale also provided for the sale by the Company to Buyer of certain compressor station assets for an aggregate cash purchase price of approximately $10 million plus reimbursement of $1.4 million of capital improvements at a subsequent closing date (the "Second Closing"), subject to the satisfaction of certain closing conditions. The initial closing of the Midstream Sale took place on December 3, 2025, and the Second Closing occurred on December 24, 2025. 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 was attached to the Prior 8-K as Exhibit 2.1 and is incorporated herein by reference. Pursuant to Item 601(b)(10)(iv) of Regulation S-K, the Company redacted from the filed copy of the Purchase Agreement certain information that is both (i) not material and (ii) is the type of information that the Company treats as private or confidential.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (b) Pro Forma Financial Information Unaudited pro forma condensed consolidated balance sheet of the Company as of September 30, 2025, and the unaudited pro forma condensed consolidated statements of operations for the nine months ended September 30, 2025, and the year ended December 31, 2024, are attached hereto as Exhibit 99.1 and incorporated herein by reference. These unaudited pro forma financial statements give effect to the Midstream Sale on the basis, and subject to the assumptions, set forth in accordance with Article 11 of Regulation S-X. (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 Unaudited pro forma condensed consolidated balance sheet of Riley Exploration Permian, Inc. as of September 30, 2025, and the unaudited pro forma condensed consolidated statements of operations for the nine months ended September 30, 2025, and the year ended December 31, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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 30, 2025 By: /s/ Philip Riley Philip Riley Chief Financial Officer and Executive Vice President of Strategy