| Name | Title | Contact Details |
|---|
We are an oil and gas producer focused on horizontal drilling of multiple stacked pay zones in the oil-rich Permian Basin. We have a substantial inventory of drilling locations to grow our production and reserve base. Our experienced management team has a proven track record in the oil and gas industry and is focused on maximizing value to shareholders.
Management`s primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. Ring Energy, Inc. (NYSE MKT: REI) is a Texas-based oil and gas exploration, development and production company with current operations in Texas and Kansas. Founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. As of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million BOE`s (barrel of oil equivalents) and an estimated $198 million* in PV-10 (future net revenues discounted 10%). Ring Energy`s management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation in reservoir engineering, Ring has the components in place to build a profitable and successful program.
Colonial Oil is a Houston, TX-based company in the Energy and Utilities sector.
Netherland, Sewell and Associates is a Dallas, TX-based company in the Energy and Utilities sector.
We`re one of the world`s leading integrated energy companies producing safe, reliable energy now and for the future. Our success is driven by our people and their commitment to getting results the right way – by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth.