Ring Energy Inc. (NYSE MKT: REI) (“Company”)(“Ring”) announced today financial results for the third quarter and nine months ended September 30, 2013. For the three month period ended September 30, 2013, Ring had oil and gas revenues of $2,820,731, compared to $374,739 for the quarter ended September 30, 2012. For the three month period ended September 30, 2013, the Company had a net loss of $131,493 or $0.01 per fully [...]
Ring Energy Inc. (NYSE MKT: REI) (“Ring”) announced today it has entered into a joint development agreement (“Agreement”) with Torchlight Energy Resources, Inc. (OTCQB: TRCH) (“Torchlight”) to develop all of Ring’s existing Kansas leasehold of approximately 17,000 acres. Operations are scheduled to begin before year end 2013. Highlights of the Agreement are – Ring will be the operator. Torchlight will pay 100% of [...]
Ring Energy Inc. (NYSE MKT: REI) (“Ring” or the “Company”) today announced its operations update for the third quarter of 2013. During the third quarter, Ring drilled eighteen wells on its Permian Basin properties in Andrews County, Texas, making a total of twenty-three new wells drilled since securing a rig in early June, and re-stimulated five existing wells. Twenty of the twenty-three wells were completed and placed in [...]
Ring Energy Inc. (OTCQB: RNGE) (“Ring”)(“Company”) announced today that effective Tuesday, September 3, 2013, its common stock will begin trading on the NYSE MKT Exchange under the symbol “REI”. Ring’s common stock, currently trading on the OTCQB under the symbol “RNGE”, will cease trading on the OTCQB effective with the date of listing on the NYSE MKT Exchange. Scott Cutler, Executive Vice President, Global Listings at [...]
Ring Energy Inc. (OTCQB: RNGE) (“Company”)(“Ring”) announced today financial results for the second quarter and six months ended June 30, 2013. For the three month period ended June 30, 2013, Ring had oil and gas revenues of $1,291,579, compared to $342,522 for the quarter ended June 30, 2012. For the three month period ended June 30, 2013, the Company had a net loss of $890,393 or $0.06 per fully diluted share, compared [...]
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