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Riley Permian Buys Northwest Shelf E&P Silverback II for $142MM

Summary by Hart Energy
Riley Exploration Permian Inc. is adding Northwest Shelf assets from EnCap-backed Silverback Exploration II. Riley is also cutting capex and focusing on preserving inventory amid weak oil prices.
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Hart EnergyHart Energy

Riley Permian Buys Northwest Shelf E&P Silverback II for $142MM

Riley Exploration Permian Inc. is adding Northwest Shelf assets from EnCap-backed Silverback Exploration II. Riley is also cutting capex and focusing on preserving inventory amid weak oil prices.

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Hart Energy broke the news in on Thursday, May 8, 2025.
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