OKLAHOMA CITY–(BUSINESS WIRE)–Riley Exploration Permian, Inc. (“Riley Permian”) announced today that it has launched an initial public offering of 6,666,667 shares of its common stock at an anticipated initial offering price between $14.00 and $16.00 per share pursuant to a registration statement on Form S-1 filed previously with the Securities and Exchange Commission (“SEC”). In addition, Riley Permian intends to grant the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of its common stock. Riley Permian is expected to trade on the NYSE American under the ticker symbol “REPX”.
SunTrust Robinson Humphrey and Seaport Global Securities are acting as joint book-running managers for the offering. Capital One Securities is also acting as passive book-running manager for the offering. Imperial Capital and Roth Capital Partners are acting as co-managers for the offering.
The offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933. A copy of the preliminary prospectus may be obtained from:
SunTrust Robinson Humphrey
Attn: Prospectus Department
Address: 3333 Peachtree Road NE, 9th Floor, Atlanta, GA 30326
Seaport Global Securities
Attn: Victoria Kump
Address: 360 Madison Avenue, 21st Floor, New York, NY 10017
About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on rapidly growing its reserves, production and cash flow through the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids reserves in the Permian Basin. The Company is headquartered in Oklahoma City, OK.