Ring Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2019

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of put and call prices of those contracts


Date entered into		Barrels per day		Put price			Call price
2019 contracts
03/12/19		1,500		$	50.00		$	66.00
03/13/19		500			50.00			67.40
03/20/19		500			50.00			67.90
03/20/19		1,000			50.00			68.71
04/01/19		1,000			50.00			69.50
04/03/19		1,000			50.00			70.20

2020 contracts
04/01/19		1,000			50.00			65.83
04/01/19		1,000			50.00			65.40