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.
Bill Parsons, K M Financial, Inc.