Riley Permian Names Bobby Saadati to Board of Directors

Core Viewpoint - Riley Exploration Permian, Inc. has appointed Bobby Saadati as an independent member of its board of directors, effective February 4, 2026, which is expected to enhance the company's strategic direction and shareholder value [1][4]. Company Overview - Riley Exploration Permian, Inc. is a growth-oriented upstream oil and gas company operating in Texas and New Mexico, with infrastructure projects that complement its operations [4]. New Board Member Profile - Bobby Saadati is a senior executive in the oil and gas industry with extensive experience in energy investing, operations, mergers and acquisitions, and corporate strategy [2]. - Saadati has served as CEO of IKAV Energy USA since May 2020 and has held leadership roles at Aera Energy, California Resources Corporation, Devon Energy, Jefferies, and BP [3]. - He holds a B.A. in political science from the University of California, San Diego, a J.D. from Trinity Law School, and an M.B.A. from the University of Chicago [3]. Leadership Statement - Riley Permian's Chairman and CEO, Bobby Riley, expressed confidence that Saadati's diverse track record and operational leadership will add value to the board and enhance long-term shareholder value [4].