Riley Exploration - Permian, LLC /
Pecos Oil & Gas, LLC
Riley Exploration Permian completes New Mexico asset purchase
- Price
- $330m
- Stage
- Closed
What happened
Riley Exploration - Permian, LLC completed its acquisition of oil and natural gas assets from Pecos Oil & Gas, LLC on April 3, 2023. The assets are referred to as the New Mexico Acquisition in the filing.
The purchase price was $330 million, subject to customary purchase price adjustments. Funding came from borrowings under the revolving credit facility and proceeds from $200 million of unsecured senior notes.
The source
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Riley Exploration Permian completes New Mexico asset purchase
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Closed
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