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)

3 Months Ended

Mar. 31, 2020

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of put and call prices of those contracts


Date entered into		Barrels per day		Put price			Call price
2020 contracts
04/01/19		1,000		$	50.00		$	65.83
04/01/19		1,000			50.00			65.40
11/05/19		1,000			50.00			58.40
11/07/19		1,000			50.00			58.25
11/11/19		1,500			50.00			58.65

2021 contracts
02/25/20		1,000		$	45.00		$	54.75
02/25/20		1,000			45.00			52.71
02/27/20		1,000			40.00			55.08
03/02/20		1,500			40.00			55.35