secwatch.observer — SEC 8-K summary
======================================

Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K/A
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0001001614-23-000024
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REPX completes Pecos acquisition; Pecos 2022 rev $113.4M, net income $25.3M
---------------------------------------------------------------------------

- Acquired assets in Eddy County, NM targeting Yeso trend closed Apr 3, 2023.
- Pecos 2022 revenue $113.4M, net income $25.3M, vs loss $20.7M in 2021.
- Pecos total assets $199.7M, member's equity $53.8M as of Dec 31, 2022.
- Pecos had $100.6M related party note payable and $15.3M earnout liability.
- Pro forma combined financial statements filed for Q1 2023 and FY 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000100161423000024/0001001614-23-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000100161423000024/repx-20230403.htm
  HTML page:      https://secwatch.observer/filing/0001001614-23-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer