Fiscal Second Quarter 2021 Operations and Financial Update MAY 11, 2021 Riley Permian at a Glance • New breed of small-cap E&P outperforming largecaps in operating and financial metrics • Low base-decline assets enable less capitalintensive reinvestment for maintenance and growth • Shareholder-focused capital allocation framework includes growing within moderate reinvestment rate and robust dividend payout • Conservative balance sheet and low leverage • New ventures beginning with enhanced oil recovery (EOR ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 REPORT ON FORM 10-K (Mark one) Commission File No. 1-15555 Riley Exploration Permian, Inc. (name of registrant as specified in its charter) | Delaware | 87-0267438 | | --- | --- | | (state or other jurisdiction of Incorporation or organization) | (I.R.S. Employer Identification No.) | 29 E. Reno Avenue, Suite 500, Oklahoma City, OK 73104 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area co ...

U.S. Securities and Exchange Commission Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 Commission File No. 1-15555 Tengasco, Inc. Indicate by checkmark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the reg ...

U.S. Securities and Exchange Commission Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 Commission File No. 1-15555 Tengasco, Inc. (Exact name of registrant as specified in its charter) Delaware 87-0267438 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 8000 E. Maplewood Ave, Suite 130, Greenwood Village, CO 80111 (Address of principal executive off ...

U.S. Securities and Exchange Commission Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 Commission File No. 1-15555 Tengasco, Inc. (Exact name of registrant as specified in its charter) Delaware 87-0267438 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 8000 E. Maplewood Ave, Suite 130, Greenwood Village, CO 80111 (Address of principal executive of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 REPORT ON FORM 10-K (Mark one) ☒ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2019 or ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from __________ to __________. Commission File No. 1-15555 TENGASCO, INC. (name of registrant as specified in its charter) | Delaware | 87-0267438 | | --- | - ...

PART I. FINANCIAL INFORMATION [ITEM 1. FINANCIAL STATEMENTS](index=3&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) This section presents Tengasco, Inc.'s unaudited condensed consolidated financial statements, including Balance Sheets, Statements of Operations, and Cash Flows, with detailed notes [Unaudited Condensed Consolidated Balance Sheets](index=3&type=section&id=Unaudited%20Condensed%20Consolidated%20Balance%20Sheets) As of September 30, 2019, total assets decreased to **$9.18 million** from **$9.48 million**, primarily due to reduced oil and gas properties, impacting equity Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | Sep 30, 2019 | Dec 31, 2018 | | :--- | :--- | :--- | | **Total current assets** | $4,510 | $4,347 | | Oil and gas properties, net | $4,344 | $4,804 | | **Total assets** | **$9,182** | **$9,484** | | **Total current liabilities** | $556 | $548 | | **Total liabilities** | **$2,670** | **$2,717** | | **Total stockholders' equity** | **$6,512** | **$6,767** | | **Total liabilities and stockholders' equity** | **$9,182** | **$9,484** | [Unaudited Condensed Consolidated Statements of Operations](index=5&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Operations) The company reported a **net loss of $182,000** for Q3 2019 and **$269,000** for the nine months, primarily due to lower oil and gas revenues Statements of Operations Summary (in thousands, except per share data) | Metric | Q3 2019 | Q3 2018 | Nine Months 2019 | Nine Months 2018 | | :--- | :--- | :--- | :--- | :--- | | **Total revenues** | **$1,215** | **$1,654** | **$3,777** | **$4,497** | | Total cost and expenses | $1,396 | $1,369 | $4,083 | $3,997 | | **Net income (loss) from operations** | **($181)** | **$285** | **($306)** | **$500** | | **Net income (loss) from continuing operations** | **($182)** | **$298** | **($269)** | **$530** | | Net income from discontinued operations | $— | $— | $— | $1,120 | | **Net income (loss)** | **($182)** | **$298** | **($269)** | **$1,650** | | EPS from continuing operations (basic & diluted) | ($0.02) | $0.03 | ($0.03) | $0.05 | [Unaudited Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash from operating activities significantly decreased to **$371,000** for the nine months ended September 30, 2019, with cash and equivalents ending at **$3.48 million** Statements of Cash Flows Summary (in thousands) | Cash Flow Activity | Nine Months Ended Sep 30, 2019 | Nine Months Ended Sep 30, 2018 | | :--- | :--- | :--- | | Net cash provided by operating activities | $371 | $1,063 | | Net cash provided by investing activities | $36 | $2,184 | | Net cash used in financing activities | ($40) | ($30) | | **Net change in cash and cash equivalents** | **$367** | **$3,217** | | Cash and cash equivalents, beginning of period | $3,115 | $185 | | **Cash and cash equivalents, end of period** | **$3,482** | **$3,402** | [Notes to Unaudited Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) These notes detail the company's oil and gas operations, key accounting policies, new lease standard adoption, capital stock, related party transactions, discontinued operations, and commitments - The company's primary business is the exploration and production of oil and natural gas in Kansas[22](index=22&type=chunk) - On January 1, 2019, the company adopted the new lease accounting standard ASU 2016-02, resulting in the recognition of right-of-use assets and lease liabilities of approximately **$98,000** for operating leases[56](index=56&type=chunk) - The company has a Rights Agreement in place, effective March 2017, designed to protect its ability to use net operating loss carryforwards by discouraging any person or group from acquiring **4.95%** or more of its common stock[47](index=47&type=chunk)[48](index=48&type=chunk) - The company sold its methane facility assets on January 26, 2018, for **$2.65 million**. The results of this business are reported as discontinued operations, which included a gain on sale of **$1.157 million** in 2018[23](index=23&type=chunk)[81](index=81&type=chunk) [ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](index=19&type=section&id=ITEM%202.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management attributes the decline in financial performance to lower oil prices and sales volumes, with net revenue decreasing and operating cash flow significantly reduced Q3 2019 vs Q3 2018 Performance | Metric | Q3 2019 | Q3 2018 | Change | | :--- | :--- | :--- | :--- | | Net Income (Loss) from Continuing Ops | ($182,000) | $298,000 | ($480,000) | | Revenues | $1.21 million | $1.65 million | ($439,000) | | Average Oil Price | $51.18/barrel | $64.34/barrel | ($13.16)/barrel | Nine Months 2019 vs Nine Months 2018 Performance | Metric | Nine Months 2019 | Nine Months 2018 | Change | | :--- | :--- | :--- | :--- | | Net Income (Loss) from Continuing Ops | ($269,000) | $530,000 | ($799,000) | | Revenues | $3.8 million | $4.5 million | ($720,000) | | Average Oil Price | $52.09/barrel | $61.27/barrel | ($9.18)/barrel | | Net Oil Sales Volume | 72.1 thousand barrels | 73.0 thousand barrels | (0.9) thousand barrels | - As of September 30, 2019, the company had a revolving credit facility with a borrowing base of **$4 million** and a credit limit of **$3.8 million**, with no outstanding borrowings. The facility's maturity was extended to July 31, 2021[100](index=100&type=chunk)[102](index=102&type=chunk) - Net cash from operating activities decreased to **$371,000** in the first nine months of 2019 from **$1.0 million** in the same period of 2018, primarily due to lower revenues and higher production costs[103](index=103&type=chunk) [ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](index=21&type=section&id=ITEM%203.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) The company's primary market risk is volatile crude oil prices, with minimal interest rate risk and no derivative hedging activities - The company's major market risk exposure is the volatile and unpredictable pricing of its oil production[113](index=113&type=chunk) - The borrowing base under the credit facility is subject to redetermination, and reductions could adversely affect liquidity and capital availability. As of September 30, 2019, the borrowing base was **$4 million**[111](index=111&type=chunk)[112](index=112&type=chunk) - Interest rate risk is low, as there was no balance on the variable-rate credit facility. A **10%** increase in the interest rate would have approximately zero impact on interest expense based on the September 30, 2019 balance[115](index=115&type=chunk)[116](index=116&type=chunk) - The company had no open derivative agreements for commodities or interest rates as of September 30, 2019[114](index=114&type=chunk)[116](index=116&type=chunk) [ITEM 4. CONTROLS AND PROCEDURES](index=23&type=section&id=ITEM%204.%20CONTROLS%20AND%20PROCEDURES) The CEO and CFO concluded that disclosure controls and procedures were effective, with no material changes to internal controls over financial reporting - The CEO and CFO concluded that the company's disclosure controls and procedures were adequate and effective as of September 30, 2019[121](index=121&type=chunk) - No changes were made to the company's internal controls over financial reporting during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[122](index=122&type=chunk) PART II. OTHER INFORMATION [ITEM 1. LEGAL PROCEEDINGS](index=23&type=section&id=ITEM%201.%20LEGAL%20PROCEEDINGS) The company reports no pending material legal proceedings - The company is not a party to any pending material legal proceedings[123](index=123&type=chunk) [ITEM 1A. RISK FACTORS](index=23&type=section&id=ITEM%201A.%20RISK%20FACTORS) Risk factors are incorporated by reference from the company's Annual Report on Form 10-K for the year ended December 31, 2018 - Risk factors are incorporated by reference from the Form 10-K for the year ended December 31, 2018[124](index=124&type=chunk) [ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS](index=23&type=section&id=ITEM%202.%20UNREGISTERED%20SALES%20OF%20EQUITY%20SECURITIES%20AND%20USE%20OF%20PROCEEDS) The company reports no unregistered sales of equity securities or use of proceeds during the period - None reported[125](index=125&type=chunk) [ITEM 3. DEFAULTS UPON SENIOR SECURITIES](index=23&type=section&id=ITEM%203.%20DEFAULTS%20UPON%20SENIOR%20SECURITIES) The company reports no defaults upon senior securities - None reported[126](index=126&type=chunk) [ITEM 4. MINE SAFETY DISCLOSURES](index=23&type=section&id=ITEM%204.%20MINE%20SAFETY%20DISCLOSURES) This item is not applicable to the company - Not Applicable[127](index=127&type=chunk) [ITEM 5. OTHER INFORMATION](index=23&type=section&id=ITEM%205.%20OTHER%20INFORMATION) The company reports no other information for this item - None reported[127](index=127&type=chunk) [ITEM 6. EXHIBITS](index=24&type=section&id=ITEM%206.%20EXHIBITS) This section lists the exhibits filed with the report, including CEO/CFO certifications and XBRL data files - Exhibits filed with the report include CEO/CFO certifications (**31, 32**) and XBRL interactive data files (**101 series**)[128](index=128&type=chunk)

U.S. Securities and Exchange Commission Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 Commission File No. 1-15555 Tengasco, Inc. 720-420-4460 (Registrant's telephone number, including area code) (Exact name of registrant as specified in its charter) Delaware 87-0267438 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 8000 E. Maplewood Ave, Suite 13 ...

PART I. FINANCIAL INFORMATION [ITEM 1. FINANCIAL STATEMENTS](index=3&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) This section presents Tengasco, Inc.'s unaudited condensed consolidated financial statements for Q1 2019, encompassing Balance Sheets, Statements of Operations, and Cash Flows, along with explanatory notes [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased slightly to **$9.525 million** as of March 31, 2019, while total liabilities rose to **$2.850 million**, and stockholders' equity decreased to **$6.675 million** Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | March 31, 2019 | December 31, 2018 | | :--- | :--- | :--- | | **Total Current Assets** | $4,481 | $4,347 | | Oil and gas properties, net | $4,650 | $4,804 | | **Total Assets** | **$9,525** | **$9,484** | | **Total Current Liabilities** | $659 | $548 | | Total Liabilities | $2,850 | $2,717 | | **Total Stockholders' Equity** | **$6,675** | **$6,767** | | **Total Liabilities and Stockholders' Equity** | **$9,525** | **$9,484** | - The company adopted new lease accounting standards (ASU 2016-02), resulting in the recognition of a 'Right of use asset - operating leases' of **$84,000** and corresponding current and noncurrent lease liabilities totaling **$84,000** as of March 31, 2019[7](index=7&type=chunk)[10](index=10&type=chunk)[54](index=54&type=chunk) [Condensed Consolidated Statements of Operations](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) The company reported a net loss from continuing operations of **$96,000** for Q1 2019, a decline from **$133,000** net income in Q1 2018, primarily due to decreased oil and gas revenues Statement of Operations Summary (in thousands, except per share data) | Metric | Q1 2019 | Q1 2018 | | :--- | :--- | :--- | | Total Revenues | $1,171 | $1,367 | | Total Cost and Expenses | $1,309 | $1,249 | | Net Income (Loss) from Operations | $(138) | $118 | | **Net Income (Loss) from Continuing Operations** | **$(96)** | **$133** | | Net Income from Discontinued Operations | $— | $1,110 | | **Net Income (Loss)** | **$(96)** | **$1,243** | | EPS from Continuing Operations (Basic & Diluted) | $(0.01) | $0.01 | [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash used in operating activities was **$18,000** for Q1 2019, while investing activities provided **$139,000**, leading to a **$109,000** increase in cash and cash equivalents to **$3.224 million** Cash Flow Summary (in thousands) | Activity | Q1 2019 | Q1 2018 | | :--- | :--- | :--- | | Net cash provided by (used in) operating activities | $(18) | $138 | | Net cash provided by investing activities | $139 | $2,609 | | Net cash used in financing activities | $(12) | $(16) | | **Net change in cash and cash equivalents** | **$109** | **$2,731** | | Cash and cash equivalents, end of period | $3,224 | $2,916 | [Notes to Unaudited Condensed Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) These notes detail the company's oil and gas operations, significant accounting policies, the adoption of new lease standards, discontinued operations, and a shareholder rights agreement to protect net operating losses - The company's primary business is the exploration and production of oil and natural gas, with a focus on Kansas[18](index=18&type=chunk) - On January 26, 2018, the company sold its methane facility assets for **$2.65 million**, with the results now reported under discontinued operations[19](index=19&type=chunk)[76](index=76&type=chunk) - The company adopted ASU 2016-02 Leases (Topic 842) on January 1, 2019, resulting in the recognition of right-of-use assets and lease liabilities of approximately **$98,000** for operating leases[54](index=54&type=chunk) - A Rights Agreement is in place to protect the company's ability to use its net operating losses (NOLs) by discouraging any person or group from acquiring **4.95%** or more of the company's stock[46](index=46&type=chunk) [ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](index=20&type=section&id=ITEM%202.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management attributes the **$229,000** decrease in net income to lower revenue from reduced oil prices and increased production costs, while maintaining liquidity with a **$3 million** credit facility Q1 2019 vs Q1 2018 Performance | Metric | Q1 2019 | Q1 2018 | Change | | :--- | :--- | :--- | :--- | | Net Oil Sales (MBbl) | 23.4 | 23.7 | (0.3) | | Average Oil Price/barrel | $49.88 | $57.36 | $(7.48) | | Net Revenue (millions) | $1.2 | $1.4 | $(0.2) | | Net Income (Loss) from Continuing Operations (thousands) | $(96) | $133 | $(229) | - The decrease in net revenue was primarily caused by a **$175,000** impact from lower average oil prices and a **$17,000** impact from a slight decrease in sales volumes[89](index=89&type=chunk)[91](index=91&type=chunk) - Production costs increased by **$49,000**, mainly due to changes in oil inventory adjustments, higher pumping charges, and increased chemical costs[92](index=92&type=chunk) - As of March 31, 2019, the company had a **$3 million** borrowing base under its credit facility with no outstanding borrowings and was in compliance with all financial covenants[94](index=94&type=chunk) [ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](index=22&type=section&id=ITEM%203.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) The company's primary market risks stem from volatile crude oil prices impacting revenues and its borrowing base, with minimal interest rate risk due to no outstanding credit facility balance - The company's major market risk is the pricing of its oil production, which is volatile and driven by worldwide crude oil prices[104](index=104&type=chunk) - Reductions in oil and gas reserve estimates, potentially due to lower commodity prices, could lead to a reduction in the company's borrowing base, limiting financial resources[102](index=102&type=chunk) - As of March 31, 2019, the company had no outstanding balance on its variable-rate credit facility, minimizing immediate interest rate risk[106](index=106&type=chunk)[107](index=107&type=chunk) [ITEM 4. CONTROLS AND PROCEDURES](index=24&type=section&id=ITEM%204.%20CONTROLS%20AND%20PROCEDURES) The CEO and CFO concluded that disclosure controls and procedures were effective, with no material changes to internal controls over financial reporting during Q1 2019 - The CEO and CFO evaluated the company's disclosure controls and procedures and found them to be adequate and effective as of March 31, 2019[111](index=111&type=chunk) - No changes were made during the quarter ended March 31, 2019, that materially affected, or are reasonably likely to materially affect, the company's internal controls over financial reporting[112](index=112&type=chunk) PART II. OTHER INFORMATION [ITEM 1. LEGAL PROCEEDINGS](index=24&type=section&id=ITEM%201.%20LEGAL%20PROCEEDINGS) The company is not currently involved in any pending material legal proceedings - There are no pending material legal proceedings involving the company[113](index=113&type=chunk) [ITEM 1A. RISK FACTORS](index=24&type=section&id=ITEM%201A.%20RISK%20FACTORS) This section incorporates by reference the comprehensive risk factors detailed in the company's Annual Report on Form 10-K for FY2018 - The company refers to its Form 10-K filed on March 28, 2019 for a discussion of risk factors[114](index=114&type=chunk) [ITEM 6. EXHIBITS](index=25&type=section&id=ITEM%206.%20EXHIBITS) This section lists the exhibits filed with the Form 10-Q, including CEO/CFO certifications and XBRL interactive data files - Exhibits filed with the report include CEO/CFO certifications and XBRL data files[118](index=118&type=chunk) SIGNATURES - The report was signed on May 14, 2019, by Michael J. Rugen, the Chief Executive Officer and Chief Financial Officer[122](index=122&type=chunk)[123](index=123&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 REPORT ON FORM 10-K (Mark one) Commission File No. 1-15555 TENGASCO, INC. (name of registrant as specified in its charter) Delaware 87-0267438 (state or other jurisdiction of Incorporation or organization) 8000 E. Maplewood Ave., Suite 130, Greenwood Village, CO 80111 (Address of Principal Executive Offices) (Zip Code) (I.R.S. Employer Identification No.) Registrant's telephone number, including area code: (720) 420-4460. Securities reg ...