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Ring Energy Announces Participation in Water Tower Research Fireside Chat Series Event on May 17

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THE WOODLANDS, Texas, May 16, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in an investor event hosted by Water Tower Research (“WTR”) 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 targeting conventional reservoirs in the Permian Basin, the opportunities provided by Ring’s transformational acquisition of additional Central Basin Platform assets in the second half of 2022, the Company’s commitment to enhancing the strength of its balance sheet, and management’s strategy to further build long-term shareholder value.

Investors and other interested parties can access the event by registering in advance at https://us06web.zoom.us/webinar/register/WN_k75PhFgBSyin4AE2EAv7Ug#/registration.

About Ring Energy, Inc.

Ring Energy, Inc. is an oil and gas exploration, development, and production company with current operations focused on the conventional development of its Permian Basin assets. For additional information, please visit www.ringenergy.com.

SAFE HARBOR STATEMENT

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements involve a wide variety of risks and uncertainties, and include, without limitations, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2022, and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements.

Contact Information

Al Petrie Advisors
Al Petrie, Senior Partner
Phone: 281-975-2146
Email: apetrie@ringenergy.com


Ring Energy, Inc.

NYSE:REI

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346.39M
166.44M
12.04%
47.77%
6.88%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
THE WOODLANDS

About REI

company profile management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. ring energy, inc. (nyse mkt: rei) is a texas-based oil and gas exploration, development and production company with current operations in texas and kansas. founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. as of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million boe's (barrel of oil equivalents) and an estimated $198 million* in pv-10 (future net revenues discounted 10%). ring energy's management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. with over 100 years of combined experienc