Riley Exploration Permian Appoints Bobby Saadati to Board

By Chris Stiles • Saturday, February 07 16:45 • Permanent Link

Riley Exploration Permian, Inc. (NYSE American: REPX) has announced the appointment of Bobby Saadati as an independent member of its board of directors, effective February 4, 2026. Saadati is a senior executive in the oil and gas industry, with previous roles including CEO of IKAV Energy USA and chairman of the board at Aera Energy. He brings a wealth of experience in energy investing, operations, mergers and acquisitions, and corporate strategy to the board.

Bobby Riley, chairman and CEO of Riley Permian, expressed his enthusiasm about Saadati joining the board, citing his successful track record and diverse expertise. Riley expects Saadati's insight and strategic guidance to contribute to the company's efforts in creating and enhancing long-term shareholder value.

Riley Permian is a growth-oriented upstream oil and gas company operating in Texas and New Mexico, with infrastructure projects that complement its operations. Following these announcements, the company's shares moved -1.93%, and are now trading at a price of $27.50. For the full picture, make sure to review Riley Exploration Permian's 8-K report.

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