Ring Energy, Inc (REI) is a growth-oriented independent oil and natural gas company headquartered in The Woodlands, Texas, with operations focused on the acquisition, exploration, and development of high-quality oil and liquids-rich assets in the Permian Basin of West Texas. Formed in 2012, REI's experienced management team aggressively seeks to acquire select low decline and long-lived oil and gas properties in the Permian Basin, positioning the company for profitability and success.
With over 100 years of combined experience in the oil and gas industry, REI leverages new technological advancements, careful geological evaluation, reservoir engineering, and long-established industry relationships to drive sustainable operations. The company's proven reserves totaled 129.8 million barrels of oil equivalent as of December 31, 2023, with a focus on creating long-term value for stockholders through environmental sustainability, operational safety, social responsibility, and sound corporate governance.
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