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Security Profile
- Security Type
- Common Stock
- CUSIP
- 76665T102 (prev. 740294301 )
- Market Cap
- Micro Cap
- Previous Symbol
- TGC (changed 2/25/2021)
- Previous Name
- Tengasco, Inc.
Business: Riley Exploration Permian, Inc is headquartered in Oklahoma City and is focused on capital efficiency and the steady growth of its reserves, production and cash flow through the acquisition, exploration, development and production of reserves primarily within the Permian Basin. REPX’s acreage is primarily located on large, contiguous blocks in Yoakum County, Texas and Lea, Roosevelt, and Chaves Counties, New Mexico. REPX’s assets offset legacy Permian Basin San Andres fields, to include the Wasson and Brahaney Fields, which have produced more than 2.1 billion barrels of oil equivalent and 108.0 million barrels of oil equivalent, respectively, from the San Andres Formation since development in the area began in the 1930’s and 1940’s.
Notes: October 21, 2020 --Tengasco Inc. (NYSE American: TGC) (“Tengasco”) and Riley Exploration –Permian, LLC (“Riley”) announced today that they have entered into a definitive merger agreement in an all-stock transaction. Under the terms of the merger agreement, Tengasco will issue approximately 203 million shares of Tengasco common stock to Riley members at the closing of the transaction. Following the closing of the transaction, the current members of Riley will own 95% of Tengasco and the current Tengasco stockholders will own the remaining 5%. In addition, Riley will become a whollyowned subsidiary of Tengasco.
Company Contact
- CEO
- Bobby D. Riley
- CFO
- Philip Riley
- Headquarters
- 29 E. Reno Avenue, Suite 500 Oklahoma City, OK 73104
- Phone
- 405-415-8699
- Investor Relations
- Kevin Riley · 405-415-8699 · ir@rileypermian.com