About Us

About Us

Ring Energy, Inc. (REI) is a growth oriented independent exploration and production company engaged in oil and natural gas development, production, acquisition, and exploration activities currently focused in the Permian Basin, which is one of the most prolific hydrocarbon-producing regions in the United States. With headquarters located in The Woodlands, Texas, our primary drilling operations target the oil and liquids rich producing formations in the Northwest Shelf and Central Basin Platform in West Texas. The management team of REI has extensive experience in studying, drilling, and producing the San Andres formation over the past 35+ years and has drilled numerous vertical and horizontal San Andres wells on REI’s Central Basin Platform and Northwest Shelf assets.

Our Mission and Key Principles

Our mission is to deliver competitive and sustainable returns to our shareholders by developing, acquiring, exploring for, and commercializing oil and natural-gas resources vital to the world’s health and welfare.

Successfully achieving Ring’s mission requires a firm commitment to operating safely in a socially responsible and environmentally friendly manner. Key principles supporting Ring’s strategic vision are to:

  • Ensure health, safety, and environmental excellence with a strong commitment to Ring’s employees and the communities in which we work and operate;
  • Continue our focus on generating adjusted free cash flow to improve and build a sustainable financial foundation;
  • Pursue rigorous capital discipline focused on Ring’s highest returning opportunities;
  • Improve margins and drive value by targeting additional operating cost reductions and capital efficiencies; and
  • Strengthen the balance sheet by steadily paying down debt, divesting of non-core assets and becoming a peer leader in Debt/EBITDA metrics.

Our Leadership

REI’s seasoned management team has experienced numerous oil cycles and understands the need to keep overhead and operating costs low.