Building a Successful E&P in the Permian Basin
Ring Energy, Inc. (NYSE American: REI) is headquartered in The Woodlands, Texas and is a Texas-based oil and gas exploration, development, and production company with current operations in the Permian Basin of West Texas -- recognized as the top producing oil basin in North America. Formed in 2012, the experienced management team has aggressively sought to acquire select low decline, and long-lived oil and gas properties in the Permian Basin with development opportunities for future years. As of 12/31/20, the Company has, through exploration and acquisitions, increased their proved reserves to an estimated 76.5 million boe (barrel of oil equivalent). With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation and reservoir engineering, and long-established industry relationships, REI is poised for profitability and success.