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

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)

6 Months Ended

Jun. 30, 2017

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table presents the details of those exercises:

														Stock price on
		Options			Exercise			Shares			Shares			date of exercise			Aggregate value of
		exercised			price ($)			issued			retained			($)			shares retained ($)
			4,100			2.00			3,491			609			13.47			8,200.00
			60,000			2.00			50,156			9,844			12.19			120,000.00
			200			8.00			116			84			13.75			1,600.00
			1,500			10.89			1,188			312			13.75			16,335.00
			600			5.25			229			371			13.75			3,150.00

Totals			66,400						55,180			11,220						149,285.00
Average						2.25									13.31