Riley Exploration (NYSE: REPX) files Silverback deal financials and pro formas

Rhea-AI Filing Summary

Riley Exploration Permian, Inc. filed an amended current report to add detailed financial information for its completed acquisition of Silverback Exploration II, LLC, which owns oil and natural gas assets in the Yeso trend of the Permian Basin in Eddy County, New Mexico.

The amendment supplies audited Silverback consolidated financial statements for the year ended December 31, 2024, unaudited interim consolidated financial statements as of and for the three months ended March 31, 2025, and unaudited pro forma condensed combined financial statements for Riley as of March 31, 2025 and for the year ended December 31, 2024 and the three months ended March 31, 2025, giving effect to the July 1, 2025 Silverback acquisition.

0001001614TRUE00010016142025-07-012025-07-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 1, 2025

Riley Exploration Permian, Inc.

(Exact name of registrant as specified in its charter)

Delaware			1-15555			87-0267438
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

29 E. Reno Avenue, Suite 500

Oklahoma City, Oklahoma 73104

Address of Principal Executive Offices, Including Zip Code)

405-415-8699

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.001 per share

REPX

NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Introductory Note

As previously disclosed in the Current Report on Form 8-K filed on July 2, 2025 (the “Prior 8-K”) with the Securities and Exchange Commission, on July 1, 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”), completed its previously announced acquisition of 100% of the ownership interests of Silverback Exploration II, LLC and its subsidiaries (“Silverback”) which own oil and natural gas assets located primarily in the Yeso trend of the Permian Basin in Eddy County, New Mexico (the “Silverback Acquisition”).

The Company is filing this amendment to the Prior 8-K for the purpose of providing (i) the audited consolidated financial statements of Silverback as of and for the year ended December 31, 2024, (ii) the unaudited interim consolidated financial statements of Silverback as of and for the three months ended March 31, 2025, and (iii) the unaudited pro forma financial information of the Company giving effect to the Silverback Acquisition, as described below.

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired

Audited consolidated financial statements of Silverback for the year ended December 31, 2024, are attached hereto as Exhibit 99.1 and incorporated herein by reference.

Unaudited interim consolidated financial statements of Silverback as of and for the three months ended March 31, 2025 are attached hereto as Exhibit 99.2 and incorporated herein by reference.

(b) Pro Forma Financial Information

Unaudited pro forma condensed combined balance sheet of the Company as of March 31, 2025, and the unaudited pro forma condensed combined statements of operations for the year ended December 31, 2024, and the three months ended March 31, 2025, are attached hereto as Exhibit 99.3 and incorporated herein by reference. These unaudited pro forma financial statements give effect to the Silverback Acquisition on the basis, and subject to the assumptions, set forth in accordance with Article 11 of Regulation S-X.

(d)    Exhibits

Exhibit No.			Description
23.1			Consent of Baker Tilly US, LLP
99.1			Audited consolidated financial statements of Silverback Exploration II, LLC for the year ended December 31, 2024.
99.2			Unaudited interim consolidated financial statements of Silverback Exploration II, LLC as of and for the three months ended March 31, 2025.
99.3			Unaudited pro forma condensed combined balance sheet of Riley Exploration Permian, Inc. as of March 31, 2025 and the unaudited pro forma condensed combined statements of operations for the year ended December 31, 2024 and the three months ended March 31, 2025.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

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:			September 3, 2025			By:			/s/ Philip Riley
									Philip Riley
									Chief Financial Officer and Executive Vice President of Strategy

FAQ

What did Riley Exploration Permian (REPX) change in this amended report?

The company filed an amendment to add audited and unaudited financial statements for Silverback Exploration II, LLC and unaudited pro forma condensed combined financial information reflecting the Silverback acquisition.

What business did Riley Exploration Permian (REPX) acquire in the Silverback transaction?

Riley, through its subsidiary Riley Exploration - Permian, LLC, acquired 100% of the ownership interests of Silverback Exploration II, LLC and its subsidiaries, which own oil and natural gas assets in the Yeso trend of the Permian Basin in Eddy County, New Mexico.

Which Silverback financial statements are included in the Riley (REPX) amendment?

The amendment includes audited consolidated financial statements of Silverback for the year ended December 31, 2024, and unaudited interim consolidated financial statements as of and for the three months ended March 31, 2025.

What pro forma information does Riley Exploration Permian (REPX) provide for the Silverback deal?

Riley provides unaudited pro forma condensed combined balance sheet information as of March 31, 2025, and unaudited pro forma condensed combined statements of operations for the year ended December 31, 2024, and the three months ended March 31, 2025, giving effect to the Silverback acquisition.

When did Riley Exploration Permian (REPX) close the Silverback acquisition?

The Silverback acquisition closed on July 1, 2025, when Riley Exploration - Permian, LLC completed the purchase of 100% of the ownership interests of Silverback Exploration II, LLC.

Which exhibits are attached to this Riley Exploration Permian (REPX) amendment?

The exhibits include a consent of Baker Tilly US, LLP, Silverback’s audited 2024 financial statements, Silverback’s unaudited March 31, 2025 interim financial statements, Riley’s unaudited pro forma condensed combined financial statements, and the cover page interactive data file.