Riley Permian increases borrowing base from $135M to $175M under revolving credit facility

Riley Exploration Permian, Inc.

Borrowing base and elected commitments raised to $175M from $135M as of Oct 12, 2021.
Amendment to senior secured revolving credit facility; new lenders added to syndicate.
Increase reflects growth in proved reserves and higher commodity prices, per CEO.
Credit facility amendment also incorporates transition away from LIBOR.
Press release issued Oct 14, 2021 to announce the increase.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.