---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-011727"
form_type: "8-K"
ticker: "REPX"
cik: "0001001614"
company_name: "Riley Exploration Permian, Inc."
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T01:51:27.824638+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Riley Permian increases borrowing base to $200M, extends credit facility to April 2026

## Summary
- Borrowing base increased 14% from $175M to $200M under eleventh amendment to credit agreement.
- Maturity extended from September 2023 to April 2026; $63M drawn as of April 29, leaving $137M available.
- Minimum hedging requirement reduced from 50% to 25% of forecasted PDP production for 24 months forward.
- Hedging requirements now tied to facility utilization and leverage ratio, providing more discretionary flexibility.
- Syndicate rebalanced among six lenders; Truist Bank acts as administrative agent.

## SEC filing metadata
- accession: 0001628280-22-011727
- form_type: 8-K
- ticker: REPX
- cik: 0001001614
- company_name: Riley Exploration Permian, Inc.
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001614/000162828022011727/0001628280-22-011727-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001614/000162828022011727/repx-20220429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-011727
- JSON: https://secwatch.observer/filing/0001628280-22-011727.json
- Plain text: https://secwatch.observer/filing/0001628280-22-011727.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.