SEC Form SC 13D/A filed by Riley Exploration Permian Inc. (Amendment)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934

(Amendment No. 2)*

Riley Exploration Permian, Inc.

(Name of Issuer)

Common stock, $.001 par value per share

(Title of Class of Securities)

76665T 102

(CUSIP Number)

Sandra VandenBrink

Chief Investment Officer

512, 50 Brentwood Common NW

Calgary, Alberta, Canada T2L 2MR

(403) 531-0080

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

July 13, 2023

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-l(f) or 240.13d-l(g), check the following box. ☐

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Item 1. Security and Issuer

This Amendment No. 2 (this “Amendment”) amends and supplements the Statement of Beneficial Ownership on Schedule 13D (as amended, the “Original Statement”) filed by Boomer Petroleum, LLC with the SEC on March 8, 2021 with respect to the common stock, $0.001 par value per share (the “Common Stock”), of Riley Exploration Permian, Inc., a Delaware corporation (the “Issuer”), as amended on December 3, 2021. The Issuer reports that its principal executive offices are located at 29 E. Reno Avenue, Suite 500, Oklahoma City, Oklahoma  73104.

Except as set forth herein, the Original Statement is unmodified. Capitalized terms used but not defined in this Amendment have the meaning ascribed to such term in the Original Statement.

Item 2. Identity and Background

(b) The principal business address of Texel Resources, Inc., Tokay Capital Corp. and the Estate of Antonie VandenBrink is 512, 50 Brentwood Common NW, Calgary, Alberta, Canada T2L 2MR.

Item 5. Interest in the Securities of the Issuer

(a) and (b) During the period beginning on June 19, 2023 and ending on the date of this Amendment, Texel Resources Inc. has sold an aggregate of 189,103 shares of Common Stock of the Issuer in open market transactions.

As a result of such sales, 1,785,109 shares, or 8.8% of the Issuer’s outstanding shares of Common Stock, are now owned directly by Texel Resources Inc., which is a wholly owned subsidiary of Tokay Capital Corp., which is wholly owned by the Estate of Antonie VandenBrink. Tokay Capital Corp. and the Estate of Antonie VandenBrink are indirect beneficial owners of these securities. Texel Resources, Tokay Capital and the Estate will constitute a “group” for purposes of Section 13(d) of the Exchange Act.

Each percentage ownership of shares of Common Stock set forth in this Statement is based on 20,182,205 shares of Common Stock reported by the Issuer as outstanding as of May 2, 2023, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023.

(c) Within the past 60 days, the Reporting Persons made the following acquisitions of shares of Common Stock:

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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