Ring Energy, Inc. Announces Closing of Northwest Shelf Assets from Wishbone Energy Partners

Ring Energy, Inc. Announces Closing of Andrews County Acquisition

Dateline City:
MIDLAND, Texas

Company Doubles Estimated Production, Future EBITDA, Proved Reserves and PV-10
Acquisition Creates Largest Horizontal San Andres Company on the Central Basin Platform / Northwest Shelf

MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced
today that it has closed its transaction with Wishbone Energy Partners,
LLC, Wishbone Texas Operating Company LLC and WB WaterWorks, LLC
(“Wishbone”) to acquire their Northwest Shelf assets located primarily
in southwest Yoakum County, Texas and eastern Lea County, New Mexico.

Language:
English

Contact:

Bill Parsons, K M Financial, Inc.
(702) 489-4447

Ticker Slug:
Ticker:
REI

Exchange:
NYSEAM

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