Riley Exploration Permian, Inc. — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Riley Exploration Permian, Inc. (REPX)
CIK: 0001001614
Period of Report: 2021-02-26

Reporting Person: Boomer Petroleum LLC (10% Owner)
Reporting Person: Balmon California, Inc. (10% Owner)
Reporting Person: Texel Resources Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-26	Common Stock	J	1768702	$29.64	Acquired	1768702	Direct
2021-02-26	Common Stock	J	1768702	$29.64	Acquired	1768702	Direct

Footnotes

F1: On February 26, 2021, a wholly-owned subsidiary of Tengasco, Inc. merged with and into Riley Exploration - Permian, LLC ("REP"), with REP surviving the merger as a wholly-owned subsidiary of Tengasco, Inc. ("TGC") (the "Merger"). Upon consummation of the Merger, each common unit of REP was converted into the right to receive 97.796467 shares of TGC common stock. Following completion of the Merger, TGC effected a reverse stock split of its common stock in a ratio of one-for-twelve (the "Reverse Split"). Following completion of the Merger, TGC was renamed Riley Exploration Permian, Inc. (the "Issuer"). Each Reporting Person was a beneficial owner of shares of REP prior to the Merger and acquired the shares of common stock of the Issuer described in Table I in connection with the Merger.

F2: These shares are owned directly by Boomer Petroleum, LLC, of which 50% is owned by Balmon California, Inc., which is a wholly owned subsidiary of Balcal Holdings Ltd., which is a wholly owned subsidiary of Balmon Investments Ltd., which is wholly owned by Alvin Libin. Balmon California, Inc., Balcal Holdings Ltd., Balmon Investments Ltd. and Alvin Libin are indirect beneficial owners of the reported securities.

F3: The $29.64 price was calculated by multiplying $2.47, which was the closing price of the common stock of TGC on February 26, 2021, by twelve, which is the number of shares that each TGC shareholder received per share in connection with the Reverse Split.

F4: These shares are owned directly by Boomer Petroleum, LLC, of which 50% is owned by Texel Resources Inc., which is a wholly owned subsidiary of Tokay Capital Corp., which is wholly owned by the Estate of Antonie VandenBrink. Texel Resources Inc., Tokay Capital Corp. and the Estate of Antonie VandenBrink are indirect beneficial owners of the reported securities. All of the Reporting Persons are a "group" for purposes of Section 13(d) of the Exchange Act.