Riley Exploration Permian Names Bobby Saadati to Strengthen Board Oversight and Strategy

Riley Permian adds energy dealmaker to strengthen board oversight and operational strategy

Board appointment targets growth, infrastructure and M&A execution

Riley Exploration Permian names Bobby Saadati as an independent director effective Feb. 4, 2026, in a move the company says will deepen its operational and strategic capabilities as it advances development in the Permian Basin. Saadati is a senior oil and gas executive whose career spans upstream operations, energy investing, mergers and acquisitions, and midstream asset management. Riley’s chairman and CEO Bobby Riley says he is “very pleased” to welcome Saadati and that his operational leadership and strategic insight will strengthen the board.

The company frames the appointment as directly aligned with its growth-oriented upstream strategy across Texas and New Mexico and with the infrastructure projects that complement its drilling and production plans. Saadati’s background in overseeing acquisitions, managing producing asset portfolios and operating gas processing plants maps to Riley Exploration Permian’s need for technical governance and deal execution as it looks to expand production and improve midstream integration in the Permian Basin. The board addition signals a focus on improving operational oversight alongside execution of capital projects and potential strategic transactions.

Saadati brings CEO experience at IKAV Energy USA since 2020 and has held senior roles at Aera Energy, California Resources Corporation, Devon Energy, Jefferies and BP, giving him a mix of corporate, investment and operational perspectives. He holds degrees in political science (UC San Diego), a J.D. (Trinity Law School) and an M.B.A. (University of Chicago), qualifications the company highlights as strengthening its governance and transaction capabilities. Riley says Saadati’s track record will contribute to creating and enhancing long-term shareholder value as the company pursues development and infrastructure objectives.

Company scope and contacts

Riley Exploration Permian is an upstream oil and gas company operating in Texas and New Mexico with complementary infrastructure projects. The company directs stakeholders to its website, www.rileypermian.com, for further information and lists investor contact details in its release.

Appointee background in brief

Saadati’s resume includes leadership of producing asset portfolios and gas processing facilities, plus experience in energy M&A and capital markets, positioning him to advise on both operational execution and strategic transactions as Riley ramps development in the Permian Basin.