AUGUST 2016 www.ringenergy.com www.ringenergy.com OTCQX:RNGE NYSEOTCQX:RNGE MKT: REI RNGE
Ring Energy Team Management Team Key Board Members Kelly Hoffman Lloyd T. (Tim) Rochford CEO and Director Co-Founder and Chairman of the Board Co-Founded AOCO and pioneered Fuhrman Mascho Co-Founder of Arena Resources field…
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 Year End 2015 Reserves: 24.4 MMBOE of proven…
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…
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 its vertical drilling…
San Andres Cross Section www.ringenergy.com NYSE MKT: REI OTCQX:RNGE 9
Ring Energys Permian Assets 2015 Activity and Current Production Andrews and Gaines Counties, Texas 30,663 Gross Acres Drilled 8 wells Completed 12 wells (carry over from 2014) Re-completed 5 wells Re-fraced 3 wells…
Rings 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 issuance and fundings under the…
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 Ring was able to add scale through the Delaware Basin acquisition and has significantly grown production on its Platform assets over the last several years The low-decline nature of the Permian…
Appendix www.ringenergy.com NYSE OTCQX:RNGE MKT: REI
Management Team Lloyd T. (Tim) Rochford Co-Founder and Chairman of the Board Mr. Rochford, 69, has been active as an individual consultant and entrepreneur in the oil and gas industry since 1973. During that time, he has been an…
Management Team (contd) David A. Fowler President and Director Mr. Fowler, 57, has served in several management positions for various companies in the insurance and financial services industries. In 1994, he joined Petroleum Listing…
Oil and Gas Reserves As Of December 31, 2015 Crude Oil Natural Gas Total PV-10 (Bbls) (Mcf) (Boe) (in thousands) Proved Developed Reserves: Texas 7,148,900 8,541,400 8,572,467 111,354 Kansas 18,400 0 18,400 378 Total PD…
Income Statement 3 Months Ended March 31, 3 Months Ended March 31, 2015 2016 Revenue 6,092,388 6,045,701 Pre-Tax Income (Loss) (24,246,101) (1,548,609) Net Income (Loss) (15,275,044) (975,624) Earnings (Loss) Per Share1…
Balance Sheet 3 Months Ending 12 Months Ending ( thousands) 3/31/2016 12/31/2015 Assets: Cash and Cash Equivalents 3,811.17 4,431.35 Other Current Assets 3,402.82 4,283.14 Total Current Assets 7,213.99 8,714.49 PP&E, net…
Analyst Coverage Ring Energy, Inc. Analyst Coverage FIRM ANALYST(S) Canaccord Genuity Inc. Sam Burwell (212) 389-8051 SBurwellcanaccordgenuity.com Capital One Securities, Inc. Richard Tullis (504) 593-6118…
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