Ring Energy Inc.

Publicly traded energy companies, industry leaders and capital providers talk 2020 plans in Dallas  Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas.  EnerCom Dallas is a financial [...]

Ring Energy Inc. announced today it completed the scheduled fall 2019 redetermination evaluation of its $1 billion senior credit facility. The Company entered into an amendment to the senior credit facility as part of the scheduled fall redetermination. The amendment reaffirmed the immediate borrowing base at $425 million and required the Company, as it has been required in the past, to enter into additional hedges for [...]

Ring Energy Inc. announced today financial results for the three months and nine months ended September 30, 2019. For the three-month period ended September 30, 2019, the Company reported oil and gas revenues of $50,339,105 compared to revenues of $32,687,179 for the quarter ended September 30, 2018. For the nine months ended September 30, 2019, the Company reported oil and gas revenues of $143,471,645, compared to [...]

Ring Energy Inc. has scheduled a conference call on Thursday, November 7, 2019 at 11:00 a.m. ET to discuss the 2019 third quarter financial and operating results. Ring expects to issue a press release summarizing these results after the close of market on Wednesday, November 6, 2019. To participate, dial 877-709-8150 at least five minutes before the call is to begin. Please reference the Ring Energy conference call [...]

Ring Energy Inc. today released its operations update for the third quarter of 2019. In the three months ended September 30, 2019, the Company drilled six new one-mile horizontal San Andres wells on its Northwest Shelf asset. Of the six new wells drilled, three were completed, tested and had Initial Potentials filed, while the remaining three were completed and are in varying stages of testing. In addition to the three [...]

Ring Energy Inc. announced today the appointment of Ms. Regina Roesener to the Company’s Board of Directors. Ms. Roesener is an independent Director. Ms. Roesener currently serves as the Chief Operating Officer, Director of Corporate Finance and a Member of the Board of Directors of NTB Financial Corporation , a member firm of FINRA and also a Registered Investment Advisor with the SEC. Founded in 1977, NTB is one [...]

Ring Energy Inc. today released a mid-quarter operations update for the third quarter of 2019. In the first 47 days ended August 16, 2019, the Company drilled six new 1-mile horizontal San Andres wells on its Northwest Shelf property . Of the six wells drilled, two were waiting on completion and four were drilled, completed and are in the process of being tested. Initial results are indicating Barrel of Oil Equivalents [...]

Ring Energy Inc. announced today financial results for the three months and six months ended June 30, 2019. For the three month period ended June 30, 2019, the Company reported oil and gas revenues of $51,334,225, compared to revenues of $29,924,883 for the quarter ended June 30, 2018. For the six months ended June 30, 2019, the Company reported oil and gas revenues of $93,132,540, compared to $59,816,274 for the six [...]

Ring Energy Inc. has scheduled a conference call on Thursday, August 8, 2019 at 12:00 p.m. ET to discuss the 2019 second quarter financial and operating results. Ring expects to issue a press release summarizing these results after the close of market on Wednesday, August 7, 2019. To participate, dial 877-709-8150 at least five minutes before the call is to begin. Please reference the Ring Energy conference call [...]

Ring Energy Inc. announced today an amended capital expenditure budget for 2019 of approximately $152 million. The amended CAPEX results in a reduction of approximately $2 million from the preliminary budget of $154 million announced on April 29, 2019. The decrease is the result of a reduction in new horizontal wells to be drilled in 2019 from 50 to 32 and the reallocation of those funds to the upgrading / reworking of a [...]