Ring Energy to Participate in Water Tower Research Fireside Chat on April 1, 2025

Rhea-AI Summary

Ring Energy (NYSE American: REI) has announced its participation in a Water Tower Research Fireside Chat scheduled for April 1, 2025, at 10:00 AM Central Time. The discussion, led by WTR Managing Director Jeff Robertson with Ring's Chairman and CEO Paul McKinney, will focus on several key topics:

The session will primarily address Ring's recently announced $100-million acquisition of producing assets in the Permian Basin's Central Basin Platform and its impact on the company's 2025 outlook. Additional discussion points include:

• The acquisition's effect on Ring's conventional Permian Basin asset base
• Funding considerations and financial scale implications
• Economic analysis of acquisition versus drilling in current market conditions
• Strategy for maximizing free cash flow to strengthen the balance sheet

Investors can access the event through advance registration via Zoom, and the presentation will be available on Ring Energy's website.

THE WOODLANDS, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in a fireside chat with Water Tower Research (“WTR”) on Tuesday, April 1, 2025 at 10:00 AM Central Time.

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 recently announced $100-million acquisition of producing assets on the Central Basin Platform of the Permian Basin and the impact the transaction has on Ring’s outlook for 2025 and beyond. Topics will also include:

• Acquisition’s impact on Ring’s conventional asset base in the Permian Basin;
• Funding and the impact on Ring’s financial scale;
• Economic tradeoff between acquiring production or drilling in current commodity/cost environment; and
• Strategy to maximize free cash flow to strengthen balance sheet.

Investors and other interested parties can access the event by registering in advance at https://us06web.zoom.us/webinar/register/6417430107423/WN_KGfsFAmKQ722yoIPdOKhAw.The presentation will also be available through Ring’s web site, www.ringenergy.com on the “Overview” page under the “Investors” tab.

About Ring Energy, Inc.
Ring Energy, Inc. is an oil and gas exploration, development, and production company with current operations focused on the 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, 2024, 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

FAQ

What is the value of Ring Energy's latest Permian Basin asset acquisition?

Ring Energy announced a $100-million acquisition of producing assets located in the Central Basin Platform of the Permian Basin.

When is Ring Energy's Water Tower Research Fireside Chat scheduled?

The Fireside Chat is scheduled for April 1, 2025, at 10:00 AM Central Time.

What key topics will be discussed in Ring Energy's upcoming Fireside Chat?

The discussion will cover the $100M asset acquisition impact, Permian Basin asset base, funding implications, economic comparison of acquisition vs. drilling, and free cash flow maximization strategy.

How can investors access Ring Energy's Fireside Chat presentation?

Investors can access the event through advance registration via Zoom and through Ring Energy's website at www.ringenergy.com under the 'Investors' tab.

What is the strategic focus of Ring Energy's recent acquisition?

The acquisition focuses on producing assets in the Central Basin Platform of the Permian Basin, aiming to impact Ring's outlook for 2025 and beyond while strengthening their conventional asset base.