SEC Filing Summary: Tengasco, Inc. (8-K)
Business Context and Reporting Period
This Form 8-K was filed by Tengasco, Inc. on April 3, 2012. The report discloses a corporate governance event regarding the Board of Directors. Note: The input metadata references "Riley Exploration Permian, Inc.", but the filing text explicitly identifies the registrant as Tengasco, Inc.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial data.
Material Changes
On April 3, 2012, Dr. John A. Clendening resigned from the Board of Directors of Tengasco, Inc. due to recurring health problems. Dr. Clendening had served as a director continuously since February 2003, with prior service from 1998 to 2000.
Management Commentary and Risks
The Board of Directors commended Dr. Clendening for his service, citing his experience in geology and the oil and gas exploration and production industry as highly beneficial to the Company. The Board expressed appreciation for his service and wishes for his recovery. No other risks, contingencies, or unusual items were disclosed in this filing.
Key Facts for Investor Verification
- Verify the current composition of the Tengasco, Inc. Board of Directors following Dr. Clendening's resignation.
- Confirm whether a replacement director has been appointed or if the seat remains vacant.
- Review subsequent filings for any impact on company strategy or operations resulting from this departure.