Ring Energy Inc.

Ring Energy Inc. today announced it has entered into an agreement to acquire the Central Basin Platform assets of Founders Oil & Gas IV, LLC for $75 million in cash . Founders' CBP operations are located in the Permian Basin in Ector County, Texas and are focused on the development of approximately 3,600 net acres that are similar to Ring's CBP assets acquired in 2022 from Stronghold Energy Operating II, LLC and its [...]

Ring Energy Inc. today announced a $25 million net reduction of borrowings during the second quarter on its senior revolving credit facility with a current borrowing base of $600 million . The Company also announced the sale of its non-core asset position in the West Texas' Delaware Basin to an unaffiliated private buyer. Ring ended the second quarter of 2023 with $397 million of borrowings outstanding on its recently [...]

Ring Energy Inc. today announced that the borrowing base was reaffirmed at $600 million under its $1.0 billion senior revolving credit facility . Key Highlights Reaffirmation of the borrowing base at $600 million; No changes to the terms under the Credit Facility Agreement and Ring is currently in compliance with all applicable covenants under the Agreement; and Next regularly scheduled bank redetermination for the [...]

EnerCom Denver conference will kick off with the annual Charity Golf Tournament on Sunday, August 13th sponsored by conference Global Sponsor Netherland, Sewell & Associates, EnerCom, Studio X and SLS Group Hole-in-One contest sponsored by SLS Group includes a 2023 Porsche Macan prize Registration is now open for the 28th annual EnerCom Denver - The Energy Investment Conference that brings together a growing list of [...]

Registration is now open for the 28th annual EnerCom Denver - The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders at www.enercomdenver.com A growing list of energy companies have already confirmed their participation in the conference Presentation opportunities are still available for E&P, Midstream, OFS, and Energy Transition companies EnerCom, Inc [...]

Investors can register for EnerCom Denver - The Energy Investment Conference featuring a broad group of public and private oil and gas companies at www.enercomdenver.com EnerCom Denver® - The Energy Investment Conference celebrates 28 years of bringing together the energy sector, including companies, investors, analysts, and key industry leaders, to Denver, Aug. 13-16, 2023 A robust list of energy companies have already [...]

Ring Energy Inc. today announced its participation in an investor event hosted by Water Tower Research on May 17, 2023 at 2:00 PM Eastern. As part of WTR's ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Paul McKinney, Ring's Chairman and Chief Executive Officer. Included in the discussion will be a variety of important topics, including the Company's [...]

Ring Energy Inc. today reported operational and financial results for the first quarter of 2023. In addition, the Company provided second quarter guidance and reiterated its full year 2023 outlook. First Quarter 2023 Highlights and Recent Key Items Grew first quarter 2023 sales volumes 2% to a record 18,292 barrels of oil equivalent per day from 17,856 Boe/d for the fourth quarter of 2022; First quarter 2023 sales volumes [...]

Ring Energy Inc. today announced the timing of its first quarter 2023 earnings release and conference call. Ring plans to issue its first quarter 2023 earnings release after the close of trading on Wednesday, May 3, 2023. The Company has scheduled a conference call on Thursday, May 4, 2023 at 11:00 a.m. ET to discuss its first quarter 2023 operational and financial results. To participate, interested parties should dial [...]

Ring Energy Inc. today announced its participation in the EnerCom Dallas Conference to be held in Dallas, Texas where Chairman and Chief Executive Officer Paul McKinney is scheduled to make a presentation on Tuesday, April 18th at 9:15 am Central Daylight Time. Senior management will also host one-on-one meetings with investors. The presentation will be webcast live and archived on Ring's website, www.ringenergy.com, in [...]