Riley Exploration Permian, Inc. REPX

What this company does

Riley Exploration Permian, Inc. is an independent oil and natural gas company focused on horizontal drilling of conventional oil-saturated and liquids-rich formations in the Permian Basin that produce long-term cash flows. The majority of its acreage is located in Yoakum County, Texas and Eddy County, New Mexico. As of December 31, 2025, it had 97,538 net acres and a total of 873 net producing wells, and it operated 96% of its net production for the year, with an average working interest of 85% in its operated wells. For the year ended December 31, 2025, one purchaser accounted for 60% of its revenue purchased, and an additional purchaser accounted for 30% of its revenues. As of December 31, 2025, it employed 122 people. Riley Exploration Permian, Inc. was formed as a Delaware limited liability company, Riley Exploration – Permian, LLC, in 2016; in February 2021, that company became a wholly-owned subsidiary of Tengasco, Inc., a Delaware corporation, which then changed its name to Riley Exploration Permian, Inc.

Written from the business description in Riley Exploration Permian, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.