Ring Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2014

Summarizes the fair values of the assets acquired and liabilities assumed

Summarizes the fair values of the assets acquired and liabilities assumed

The following table summarizes the fair values of the assets acquired and the liabilities assumed:


Proved oil and natural gas properties	$	6,805,563
Asset retirement obligations		(294,772)
Total Identifiable Net Assets	$	6,510,791

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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