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Ring Energy Inc
1725 Hughes Landing Blvd., Suite 900
Phone: (281) 397-3699p:281 397-3699 THE WOODLANDS, TX  77380  United States Ticker: REIREI

Business Summary
Ring Energy, Inc. is an oil and gas exploration, development, and production company. The Company is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas. The Company's leasehold acreage positions total approximately 96,127 gross (80,535 net) acres, and it holds interests in approximately 1,043 gross (864 net) producing wells. All of its properties are located in the Permian Basin and its proved reserves are oil-weighted, with approximately 63% consisting of oil, 19% consisting of natural gas, and 18% consisting of natural gas liquids. Of those reserves, approximately 68% are classified as proved developed and 32% are classified as proved undeveloped. Its proved reserves are approximately 129.8 million barrels of oil equivalent (BOE).

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
1311 Crude petroleum and natural gas
1000 Metal mining

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer Paul D.Mckinney 64 10/1/2020 10/1/2020
Chief Financial Officer, Executive Vice President, Treasurer, Company Secretary Travis T.Thomas 45 10/26/2020 10/26/2020
Executive Vice President of Land, Legal, Human Resources and Marketing Stephen D.Brooks 68 11/30/2020 11/30/2020
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Stronghold Energy II Operating, LLC 508 W Wall St Midland TX United States

Business Names
Business Name
Blanca Corp.
CRH Mississippi South Fund
Pontious Mississippi South Fund
6 additional Business Names available in full report.

General Information
Number of Employees: 108 (As of 12/31/2023)
Outstanding Shares: 197,934,202 (As of 3/7/2024)
Shareholders: 84
Stock Exchange: ASE
Federal Tax Id: 900406406


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Saturday, April 27, 2024