Press Release
  

FOR IMMEDIATE RELEASE
December 11, 2013 NYSE American: REI

RING ENERGY, INC. ANNOUNCES COMPLETION OF PUBLIC STOCK OFFERING OF 5,750,000 SHARES

MIDLAND, Texas — Ring Energy, Inc. (NYSE American: REI) (the “Company”) today announced that it has completed the sale of 5,750,000 shares of its common stock, including 750,000 shares covering the over-allotment option exercised by the underwriters, resulting in gross proceeds of $57.5 million and estimated net proceeds of approximately $54.3 million, after deducting underwriting commissions and estimated offering expenses payable by the Company.

SunTrust Robinson Humphrey, Inc. acted as sole book-running manager, and Capital One Securities, Inc., Global Hunter Securities, LLC, Euro Pacific Capital Inc., IBERIA Capital Partners L.L.C., Noble Financial Capital Markets, Northland Capital Markets, and Roth Capital Partners, LLC, acted as co-managers for the offering.

The Company intends to use the net proceeds from the offering to fund drilling and development of its properties, to pay for additional leases of oil and gas properties, to pay down borrowings under its credit facility, and to pay for acquisitions of oil and gas properties in and around existing properties.

The offering was made pursuant to a prospectus filed as part of an effective registration statement on Form S-1 filed with the Securities and Exchange Commission. Before investing, prospective investors should read the prospectus, when available, and other documents that the Company files with the SEC for more complete information about the Company and the offering. Investors may obtain these documents without charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus relating to the offering may be obtained from SunTrust Robinson Humphrey, Inc., at STRH Prospectus Department, 3333 Peachtree Rd., NE, Atlanta, GA 30326, or may be requested by telephone at 404-926-5744 or by e-mail at STRH.Prospectus@SunTrust.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. Any offering of the shares of common stock will be made only by means of a prospectus.


About Ring Energy, Inc.
Ring Energy, Inc. is an oil and gas exploration, development and production company with current operations in Texas and Kansas.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995 that involve a wide variety of risks and uncertainties, including, without limitations, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2012, its Form 10-Q for the quarter ended March 31, 2013 and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, the Company’s ability to acquire productive oil and/or gas properties or to successfully drill and complete oil and/or gas wells on such properties, general economic conditions both domestically and abroad, and the conduct of business by the Company, and other factors that may be more fully described in additional documents set forth by the Company.

For further information contact:
Bill Parsons, K M Financial, Inc.
(702) 489-4447 office
(602) 315-5926 mobile



 
  December 11, 2013

RING ENERGY, INC. ANNOUNCES COMPLETION OF PUBLIC STOCK OFFERING OF 5,750,000
 
  December 5, 2013

RING ENERGY, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK
 
  December 2, 2013

RING ENERGY, INC. ANNOUNCES PUBLIC COMMON STOCK OFFERING OF 5,000,000 SHARES
 
  November 7, 2013

RING ENERGY, INC. ANNOUNCES THIRD QUARTER AND NINE MONTH 2013 FINANCIAL AND OPERATING RESULTS
Third Quarter Cash Flow Increases 400% Over Second Quarter
 
  October 17, 2013

RING ENERGY, INC. ANNOUNCES DEVELOPMENT PROGRAM FOR KANSAS LEASES
Signs Joint Development Agreement with Torchlight Energy Resources, Inc.
 
  October 1, 2013

RING ENERGY, INC. PROVIDES THIRD QUARTER 2013 OPERATIONS UPDATE
 
  August 29, 2013

RING ENERGY, INC. ANNOUNCES MOVE
TO NYSE MKT

Begins Trading September 3, 2013
 
  August 14, 2013

RING ENERGY, INC. ANNOUNCES SECOND QUARTER AND SIX MONTH 2013 FINANCIAL AND OPERATING RESULTS
 
  July 31, 2013

RING ENERGY, INC.
PROVIDES MID-YEAR 2013 OPERATIONS UPDATE
 
  June 26, 2013

RING ENERGY, INC. ANNOUNCES CLOSING OF $19.3 MILLION PRIVATE PLACEMENT
Management Outlines Operations and Capital Budget for 2013
 
  May 14, 2013

RING ENERGY, INC. ANNOUNCES FIRST QUARTER 2013 FINANCIAL AND OPERATING RESULTS
 
  January 23, 2013

RING ENERGY, INC. ANNOUNCES REORGANIZATION
Board Headed by Arena Resources, Inc.
Co-founders
 
 
 

 
   
   

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Ring Energy, Inc. is an independent oil and gas exploration company with headquarters in Midland, Texas. Ring Energy’s business strategy is focused on the exploration, development and acquisition of oil and natural gas properties in the Permian and Mid-Continent regions of the United States.

   
   

 

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