RING ENERGY, INC.

(Name of Issuer)

Common Stock, par value $0.001

(Title of Class of Securities)

76680V108

(CUSIP Number)

December 15, 2020

(Date of Event Which Requires Filing of This Statement)

o

Rule 13d-1(b)

☒

Rule 13d-1(c)

o

Rule 13d-1(d)

1

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

William R. Kruse

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)o

(b)o

3

SEC USE ONLY

4

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON WITH:

5

SOLE VOTING POWER

1,014,300¹

6

SHARED VOTING POWER

8,416,484¹

7

SOLE DISPOSITIVE POWER

1,014,300¹

8

SHARED DISPOSITIVE POWER

8,416,484¹

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

9,430,784¹

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

o

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

11.1%²

12

TYPE OF REPORTING PERSON (see instructions)

IN

1

William R. Kruse owns 1,014,300 shares of stock in his individual accounts over which he has sole voting and dispositive power.  William R. Kruse and Deborah L. Kruse own 8,416,484 shares in accounts as joint tenants with right of survivorship.  Includes shares acquired through December 19, 2020.

2

Based on 84,968,600 shares issued and outstanding as disclosed by the Company at the annual meeting on December 15, 2020.

1

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Deborah L. Kruse

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

(a)o

(b)o

3

SEC USE ONLY

4

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON WITH:

5

SOLE VOTING POWER

0¹

6

SHARED VOTING POWER

8,416,484¹

7

SOLE DISPOSITIVE POWER

0¹

8

SHARED DISPOSITIVE POWER

8,416,484¹

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

8,416,484¹

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

o

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.9%²

12

TYPE OF REPORTING PERSON (see instructions)

IN

1

William R. Kruse owns 1,014,300 shares of stock in his individual accounts over which he has sole voting and dispositive power.  William R. Kruse and Deborah L. Kruse own 8,416,484 shares in accounts as joint tenants with right of survivorship.  Includes shares acquired through December 19, 2020.

2

Based on 84,968,600 shares issued and outstanding as disclosed by the Company at the annual meeting on December 15, 2020.

Item 1(a).

Name of Issuer:

RING ENERGY, INC.

Item 1(b).

Address of Issuer’s Principal Executive Offices:

901 West Wall St., 3^rd Floor, Midland, TX 79701

Item 2(a).

Name of Person Filing:

William R. Kruse

Item 2(b).

Address of Principal Business Office or, if none, Residence:

1340 S. Main Street, Suite 300, Grapevine, TX 76051

Item 2(c).

Citizenship:

USA

Item 2(d).

Title of Class of Securities:

Common Stock, $0.001 par value per share

Item 2(e).

CUSIP Number: 76680V108

Item 3.

If this Statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under Section 15 of the Act;

(b)

o

Bank as defined in Section 3(a)(6) of the Act;

(c)

o

Insurance company as defined in Section 3(a)(19) of the Act;

(d)

o

Investment company registered under Section 8 of the Investment Company Act of 1940;

(e)

o

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;

(j)

o

A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);

(k)

o

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

Item 4.

Ownership William R. Kruse:

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount Beneficially Owned:

9,430,784 shares

(b)

Percent of Class:

11.1%

(c)

Number of shares as to which such person has:

(i)

sole power to vote or to direct the vote:

1,014,300 shares

(ii)

shared power to vote or to direct the vote:

8,416,484 shares

(iii)

sole power to dispose or to direct the disposition of:

1,014,300 shares

(iv)

shared power to dispose or to direct the disposition of:

8,416,484 shares

Item 4.

Ownership Deborah L. Kruse:

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount Beneficially Owned:

8,416,484 shares

(b)

Percent of Class:

9.9%

(c)

Number of shares as to which such person has:

(i)

sole power to vote or to direct the vote:

0 shares

(ii)

shared power to vote or to direct the vote:

8,416,484 shares

(iii)

sole power to dispose or to direct the disposition of:

0 shares

(iv)

shared power to dispose or to direct the disposition of:

8,416,484 shares

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.

 Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

Item 9.

Notice of Dissolution of Group.

Not applicable.

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of and do not have the effect of changing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect for the time being.

December 23, 2020

Date

/s/ William R. Kruse

Signature

William R. Kruse, Individual

Name/Title

/s/ Deborah L. Kruse

Signature

Deborah L. Kruse, Individual

Name/Title

Date: December 23, 2020

/s/ William R. Kruse

WILLIAM R. KRUSE

/s/ Deborah L. Kruse

Date: December 23, 2020

DEBORAH L. KRUSE