MARCH 2016 ROTH Capital Partners Conference 2016 www.ringenergy.com www.ringenergy.com OTCQX:RNGE NYSE MKT: REI OTCQX:RNGE RNGE
Presentation By: Tim Rochford Chairman of the Board David Fowler - President www.ringenergy.com NYSE MKT: REI OTCQX:RNGE
Ring Co-Founders Prior Success Proven and simple strategy Arena Resources was formed in 2001 by Tim Rochford and Stan McCabe with a focus of growing production and reserves organically and via acquisition Sold in July 2010 for…
Company Strategy Build premiere Permian Basin E&P Company Compliment with additional Kansas resource upside in the Mississippian play Proven strategy with focused approach Acquire Exploit Explore Look for upside Apply new Step…
Executive Summary Company Profile Midland, Texas based E&P company focused on domestic exploration and production of oil and natural gas with current operations in Texas and Kansas (17,631 gross acres) Year End 2015 Reserves will…
Permian Basin History Permian Basin 80 years of production 30 billion barrels produced Contains estimated 22% of remaining U.S. oil reserves and 29% of estimated U.S. reserve growth San Andres Zone Facts 1 6 billion San Andres…
Central Basin Platform - Proven Strategy on Familiar Acreage Rings 30,663 gross acres (as of 12/31/15) position in Andrews and Gaines Counties is located 10 miles north of the core of Arenas legacy acreage position Ring can execute…
San Andres Cross Section www.ringenergy.com NYSE MKT: REI OTCQX:RNGE 9
Ring's Central Basin Platform Assets Andrews and Gaines 2015 Activity and Current Production Counties, Texas 30,663 Gross Acres Seagraves Denver City Drilled 8 wells New Mexico/Texas state line Completed 12 wells (carry over…
Ring's Delaware Basin Assets Description of the Asset Culberson and Reeves Acquired assets from private company for 75MM in Counties, Texas June 2015 Financed the acquisition with a 51.75MM equity Loving issuance and fundings under…
Ring's Kansas Leasehold Description of the Asset Low Entry Cost Gray, Finney & Haskell Favorable Terms on Long Term Leasehold of Counties, Kansas 17,631 gross acres and 16,673 net acres. Entered into joint development agreement.…
Rings Growth in Production & Reserves Production (Boepd) Ring was able to add scale through the Delaware Basin 3,000 acquisition and has significantly grown production on its Platform assets over the last several years 2,500…
Central Basin Platform Rigs Released 12/19/14 Rig 3- 9/17/14 Rig 2- 2/12/14 Rig 1- 6/5/13 www.ringenergy.com NYSE MKT: REI OTCQX:RNGE 14
Delaware Basin Eff. Date 5/1/15 Ring Begins Operations 7/1/15 www.ringenergy.com NYSE MKT: REI OTCQX:RNGE 15
Texas Acreage Growth TX Gross TX Net RING ENERGY ACREAGE GROWTH Date Acres Acres 60000.00 12/1/2015 50,646.00 37,807.00 9/30/2015 45968.66 33281.75 50000.00 6/30/2015 29,938.80 17,999.25 3/31/2015 29,897.68 17,725.37…
Ring Investment Highlights Strong Management Team Proven track record of creating shareholder value Implement similar strategy as Arena Resources Leverage relationships in Permian Basin to source robust pipeline of acquisition…