Sec Form 4 Filing - Riley Exploration Group, LLC @ Riley Exploration Permian, Inc. - 2023-07-26

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Riley Exploration Group, LLC 2. Issuer Name and Ticker or Trading Symbol Riley Exploration Permian, Inc. [ REPX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 29 EAST RENO AVE., SUITE 500, 3. Date of Earliest Transaction (MM/DD/YY) 07/26/2023 (Street) OKLAHOMA CITY, OK73104 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.001 per share 07/26/2023 J( 1 ) 6,734 D 2,248,467 D ( 2 ) Common Stock, par value $0.001 per share 390,860 D ( 3 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Riley Exploration Group, LLC 29 EAST RENO AVE., SUITE 500 OKLAHOMA CITY, OK73104 X Yorktown Energy Partners IX, L.P. 410 PARK AVENUE 20TH FLOOR NEW YORK, NY10022 X Yorktown IX Associates LLC 410 PARK AVENUE 20TH FLOOR NEW YORK, NY10022 X Yorktown Energy Partners X, L.P. 410 PARK AVENUE 20TH FLOOR NEW YORK, NY10022 X Yorktown X Associates LLC 410 PARK AVENUE 20TH FLOOR NEW YORK, NY10022 X Signatures Riley Exploration Group, LLC /s/ Bryan H. Lawrence, Manager Yorktown Energy Partners IX, L.P., By: Yorktown IX Company LP, its general partner., By: Yorktown IX Associates LLC, its general partner 11/16/2023 Signature of Reporting Person Date /s/ Bryan H. Lawrence, Managing Member Yorktown Energy Partners IX, L.P., By: Yorktown IX Company LP, its general partner, By: Yorktown IX Associates LLC, its general partner 11/16/2023 Signature of Reporting Person Date /s/ Bryan H. Lawrence, Managing Member Yorktown IX Associates LLC 11/16/2023 Signature of Reporting Person Date /s/ Bryan H. Lawrence, Managing Member Yorktown Energy Partners X, L.P., By: Yorktown X Company LP, its general partner, By: Yorktown X Associates LLC, its general partner 11/16/2023 Signature of Reporting Person Date /s/ Bryan H. Lawrence, Managing Member Yorktown X Associates LLC 11/16/2023 Signature of Reporting Person Date /s/ Bryan H. Lawrence, Managing Member 11/16/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On July 26, 2023, certain members of Riley Exploration Group, LLC ("REG") elected to participate in an Offer to Exchange (the "Offer to Exchange") whereby REG exchanged its membership units held by each participating member for an aggregate amount of 6,734 shares of common stock, par value $0.001 per share, of Riley Exploration Permian, Inc. (the "Common Stock"). Through the Offer to Exchange, each participating member received approximately 0.58121840 shares of Common Stock for each REG membership unit that was exchanged on behalf of such member. ( 2 )Shares owned directly by REG. Yorktown Energy Partners IX, L.P. ("Yorktown IX") and Yorktown Energy Partners X, L.P. ("Yorktown X") are members who together control REG. Yorktown IX Associates LLC is the sole general partner of Yorktown IX Company LP, the sole general partner of Yorktown IX. Yorktown X Associates LLC is the sole general partner of Yorktown X Company LP, the sole general partner of Yorktown X. ( 3 )Shares owned directly by Yorktown X. Yorktown X Associates LLC is the sole general partner of Yorktown X Company LP, the sole general partner of Yorktown X.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.