{"schema_version":"secwatch.filing_event.v1","accession":"0001001614-25-000061","form_type":"8-K","ticker":"REPX","cik":"0001001614","company_name":"Riley Exploration Permian, Inc.","filed_at":"2025-12-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.454402+00:00","generated_at":"2026-05-16T14:28:51.506031+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Riley Permian sells midstream assets to Targa for $111M cash; up to $60M earnout","bullets":["Sold Dovetail Midstream (natural gas gathering in Eddy County, NM) for ~$111M cash, subject to adjustments.","Potential earnout of up to $60M over 5 years based on volume thresholds.","Proceeds to reduce credit facility borrowings and pay taxes/transaction costs.","Separate sale of compressor station assets for ~$10M expected to close in Q1 2026.","CEO Bobby Riley: transaction provides flow assurance, allows focus on upstream assets and recent Silverback acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001001614-25-000061","json":"https://secwatch.observer/filing/0001001614-25-000061.json","markdown":"https://secwatch.observer/filing/0001001614-25-000061.md","text":"https://secwatch.observer/filing/0001001614-25-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001614/000100161425000061/0001001614-25-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001614/000100161425000061/repx-20251203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:28:51.506031+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}