Ring Energy Promotes Exec to CFO Role

Wednesday,March 24,2021

Ring Energy, Inc. announced that Travis Thomas will be promoted, effective today, from his current position as Vice President of Finance to CFO of the Company, and will be based in the newly relocated Woodlands Texas headquarters.

Randy Broaddrick, who has served the Company as CFO since its reverse merger with Stanford Energy in 2012, will remain in the Tulsa, OK area to spend more time with his family, pursue other interests, and will continue in a supportive role to the Company as needed.

About Thomas

Travis Thomas has 16 years of financial leadership experience and 11 years in the energy industry at both public and private companies. Prior to joining Ring in October 2020, he served as the Chief Accounting Officer at Paradox Resources, LLC where he was responsible for all financial affairs of the company. Mr. Thomas received a BBA with a major in Finance from the McCombs School of Business at the University of Texas at Austin and is a member of several industry organizations including the Petroleum Accountant Society of Houston and the Houston Energy Finance Group.