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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

Ring Energy, Inc. Announces Closing of Andrews County Acquisition

Dateline City: MIDLAND, Texas Company Doubles Production, EBITDA, Proved Reserves and PV-10, Creating the Largest Horizontal San Andres Company on the Platform / Northwest Shelf MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced today that it has entered into a definitive agreement with Wishbone Energy Partners, LLC and its affiliates (“Wishbone”) to acquire its North Central Basin Platform assets located primarily in Southwest Yoakum County, Texas and

Ring Energy, Inc. Announces Closing of Andrews County Acquisition

Dateline City: MIDLAND, Texas MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced today that it has closed its transaction with Tessara Petroleum Resources, a wholly owned subsidiary of The Carlyle Group L.P. (NASDAQ: CG) (“Carlyle”), for assets located in Andrews County, Texas. Ring issued 2,623,948 million shares of its common stock valued at $5.80 per share. The transaction has an effective date of November 1, 2018. Language:

Ring Energy, Inc. Announces Closing of Andrews County Acquisition

Dateline City: MIDLAND, Texas Company Acquires Premium Acreage in Andrews County MIDLAND, Texas–(BUSINESS WIRE)–Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) announced today that it has entered into a Purchase and Sale Agreement with Tessara Petroleum Resources, a wholly owned subsidiary of The Carlyle Group L.P. (NASDAQ: CG) (“Carlyle”), to acquire assets located in Andrews County, Texas for 2,623,948 shares of common stock of the Company valued at $5.80 per

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Orogrande Basin to Be Designated as A New Field Discovery PLANO, Texas, July 26, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”), today announced that the Company’s Orogrande Project has begun to produce significant hydrocarbons from its University Founders A25 #1 well.  The company has successfully drilled a 1,000-foot, proof-of-concept lateral and completed with a six-stage fracture stimulation in the Pennsylvania formation.  The well produced a ~1.8MMCFPD peak daily

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PLANO, TX — (Marketwired) — 04/30/18 — Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (“Torchlight” or the “Company”), today announced that stimulation of the Penn formation has been successfully completed on the University Founders A25 #1H horizontal well in the Orogrande Project. A total of six stages were fracture stimulated using 1.6MM pounds of sand at 60 bpm. Average stage breakdown pressure was 4,500 psi. The stage plugs have now been

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PLANO, TX — (Marketwired) — 04/12/18 — Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (“Torchlight” or the “Company”), today announced that the fracture stimulation date has been set on the University Founders A25 #1H well in the Orogrande project for April 23rd. Cudd Energy Services will be performing the stimulation under the supervision of Maverick Operating and a six-stage hybrid fracture stimulation treatment design has been prepared. “We are excited to