Ring Energy

Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas.

Ring Energy's mission is to create value for its stakeholders and improve returns by efficiently developing and operating oil and gas based opportunities in the United States with a focus on the Permian Basin and the Central Basin Platform areas of West Texas and New Mexico.

Ring Energy's vision is to be recognized as a reliable, transparent and cost-efficient operator in the oil and gas industry.

Ring Energy, Inc. has been recognized with numerous awards and commendations from industry partners and organizations. This includes awards for operational excellence, corporate responsibility and increasing shareholder value.