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

Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2021

FAIR VALUE MEASUREMENTS

Schedule of valuation of assets and liabilities that are measured at fair value on a recurring basis



		Fair Value Measurement Classification
		Quoted prices in
		Active Markets for			Significant Other			Significant
		Identical Assets or			Observable Inputs			Unobservable
		(Liabilities) (Level 1)			(Level 2)			Inputs (Level 3)			Total
As of December 31, 2020

Commodity Derivatives - Liabilities		$	—		$	(4,156,601)		$	—		$	(4,156,601)

Total		$	—		$	(4,156,601)		$	—		$	(4,156,601)


		Fair Value Measurement Classification

		Quoted prices in
		Active Markets for			Significant Other			Significant
		Identical Assets or			Observable Inputs			Unobservable
		(Liabilities) (Level 1)			(Level 2)			Inputs (Level 3)			Total
As of June 30, 2021

Commodity Derivatives - Liabilities		$	—		$	(52,665,356)		$	—		$	(52,665,356)

Total		$	—		$	(52,665,356)		$	—		$	(52,665,356)