Ring Energy Inc. today announced it has completed its previously announced acquisition of the Central Basin Platform assets of Founders Oil & Gas IV, LLC . 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 affiliate . KEY [...]
Ring Energy Inc. today announced its participation in the EnerCom Denver Conference to be held in Denver, Colorado where Alex Dyes, Executive Vice President of Engineering and Corporate Strategy, is scheduled to make a presentation on Monday, August 14th, 2023 at 1:55 pm Mountain Time . Senior management will also host one-on-one meetings with investors. The presentation will be webcast live and archived on Ring's [...]
Final Call for One-on-One Meeting Requests for all Companies by Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals. World Class Energy Companies to Present; Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website www.enercomdenver.com Investors, Analysts, and Energy Industry Professionals Can Still Register to [...]
Ring Energy Inc. today reported operational and financial results for the second quarter of 2023. In addition, the Company reaffirmed its pro forma guidance for the third and fourth quarters of 2023 assuming completion of its recently announced transaction to acquire additional assets in the Central Basin Platform of the Permian Basin from Founders Oil & Gas IV, LLC for $75 million in cash, subject to customary closing [...]
Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website www.enercomdenver.com - Presenting Companies Continue to be Added Investor One-on-One Meeting Requests for All Companies Now Open for Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals Investors, Analysts, and Energy Industry Professionals Can Still Register [...]
Investor One-on-One Meeting Requests Now Open for institutional investors, portfolio managers, financial analysts, CIOs, and other investment industry professionals. Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver - The Energy Investment Conference at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver [...]
Ring Energy Inc. today announced the timing of its second quarter 2023 earnings release and conference call. Ring plans to issue its second quarter 2023 earnings release after the close of trading on Thursday, August 3, 2023. The Company has scheduled a conference call on Friday, August 4, 2023 at 11:00 a.m. ET to discuss its second quarter 2023 operational and financial results. To participate, interested parties should [...]
Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver - The Energy Investment Conference at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver EnerCom, Inc. announced today that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for [...]
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 [...]