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Riley Permian acquires Silverback Exploration II

PUBLIC · REPXJul 04, 2025

Acquiring Company

Riley Exploration Permian

Acquired Company

Silverback Exploration II

Oklahoma CityEnergyOil And GasEnergyOil And Gas

Description

Riley Exploration Permian, Inc. has successfully acquired Silverback Exploration II, LLC, enhancing its operations in Eddy County, New Mexico. The acquisition, finalized on July 1, 2025, expands Riley Permian's portfolio with additional oil and gas assets. This strategic move strengthens their position in the Permian Basin and aligns with their growth objectives. The newly acquired assets are expected to integrate seamlessly into their existing operations.

Quick answer

Riley Exploration Permian is acquiring Silverback Exploration II, announced July 4, 2025. Riley Exploration Permian is based in Oklahoma City, Oklahoma, United States.

How much did Riley Exploration Permian pay for Silverback Exploration II?
The deal value was not disclosed.
What does Riley Exploration Permian do?
Riley Exploration Permian, Inc. operates primarily in the oil and gas industry, focusing on the exploration and development of oil and natural gas reserves.
Where are Riley Exploration Permian and Silverback Exploration II based?
Riley Exploration Permian is based in Oklahoma City, Oklahoma, United States.

Source: Fundz verified event record.

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Company Information

Company

Riley Exploration Permian

Location

Oklahoma City, Oklahoma, United States

About

Riley Exploration Permian, Inc. operates primarily in the oil and gas industry, focusing on the exploration and development of oil and natural gas reserves. The company engages in various primary business activities, including the acquisition, exploration, and production of hydrocarbon resources. Its key operations are conducted in the Permian Basin of Oklahoma and Texas, which is known for its rich oil production capabilities. With a corporate office located in Oklahoma City, Oklahoma, the company is involved in strategic growth initiatives to enhance production output and leverage new technological advancements in the energy sector. Recent developments may include efforts to optimize production capabilities and commitments to sustainable practices.

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Frequently asked

Who acquired Silverback Exploration II?

Silverback Exploration II was acquired by Riley Exploration Permian, based in Oklahoma City. The deal was reported on July 4, 2025. Riley Exploration Permian, Inc. operates primarily in the oil and gas industry, focusing on the exploration and development of oil and natural gas reserves. Riley Exploration Permian is publicly traded (REPX) and operates in Energy.

When did Riley Exploration Permian acquire Silverback Exploration II?

Riley Exploration Permian's acquisition of Silverback Exploration II was reported on July 4, 2025. Riley Exploration Permian, Inc. has successfully acquired Silverback Exploration II, LLC, enhancing its operations in Eddy County, New Mexico. The acquisition, finalized on July 1, 2025, expands Riley Permian's portfolio with additional oil and gas assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Silverback Exploration II do?

Silverback Exploration is an oil exploration company focusing on developing high-potential oil fields. The company possesses undeveloped asset base primarily located in New Mexico. It aims to enhance oil production through strategic development. It is privately held, operating in Energy.

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