Ring Energy (REI) Reports Q1 EPS of $0.10

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Ring Energy Announces Fourth Quarter and Full Year 2021 Results, Year-End 2021 Proved Reserves and Provides 2022 Guidance

March 16, 2022 5:21 PM EDT

~ Continuing to Generate Free Cash Flow, Reduce Debt and Increase Liquidity ~

~ 2022 Capital Budget of $120 Million to $140 Million Supports Previously Announced Continuous Drilling Program ~

THE WOODLANDS, Texas, March 16, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today reported operational and financial results for the fourth quarter and full year 2021, including Rings year-end 2021 proved reserves. In addition, the Company provided first quarter and full year 2022 guidance and an update on its 2022 drilling program.

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