Riley Permian Announces Closing of New Mexico Acquisition
Riley Exploration Permian (NYSE American: REPX) has successfully completed its acquisition of Silverback Exploration II, LLC on July 1, 2025.
Sentiment and the balance of points
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Rhea-AI Summary
Riley Exploration Permian (NYSE American: REPX) has successfully completed its acquisition of Silverback Exploration II, LLC on July 1, 2025. The acquisition includes oil and gas assets strategically located in Eddy County, New Mexico, expanding Riley Permian's operational footprint in the region.
Positive
- Strategic expansion into Eddy County, New Mexico oil and gas assets
- Successfully completed previously announced acquisition
Negative
- None.
Details
News Market Reaction – REPX
The recorded move for REPX in the trading session of this news was +2.33%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com.
Investor Contact:
Rick D'Angelo
405-438-0126
IR@rileypermian.com
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SOURCE Riley Exploration Permian, Inc.
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