Corporate Presentation MAY 2017 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 headquartered in Midland Exploit acreage position through highly economic, vertical and horizontal wells using the most recent drilling and completion techniques Acquire…
Executive Summary Company Profile Midland, Texas based E&P company focused on domestic exploration and Mississippian production of oil and natural gas with current operations in Texas and Kansas Lime Play Year End 2015 Proved…
Proven Reservoir Exploiting with Improved Technology Rings 42,852 gross acres position in Andrews and Gaines Counties is located - 10 miles north of the core of Arenas legacy acreage position Ring will maintain a vertical drilling…
Central Basin Platform Asset Asset Description Andrews and Gaines 42,852 gross / 25,790 net acres 192 total drilled gross vertical wells (as of Counties, Texas September 30, 2016) 3 total drilled gross horizontal wells (as of…
Why Horizontal Now Ring has quietly evaluated the horizontal well results from the sidelines and believes it can produce enhanced economic returns with horizontal development Horizontal results have grown increasingly consistent as…
Horizontal San Andres Activity As Ring has drilled vertically, there have been several active horizontal operators. Ring has Horizontal Pilot Area outlined the top 16 offsetting wells below. W-2 Gross BOE Net BOE / Sand / Gross…
3-Well Horizontal San Andres Overview Parallel Wells PDP Locations (3) PUD Locations (6) PROB Locations (3) POSS Locations (3) 3-Well Horizontal Program Status Update Drilling began mid-August Completions began…
Central Basin Drilling Inventory 1,000+ 238 Horizontal 217 6 Vertical 105 Horizontal 211 6 Vertical 99 PUD Probable & Possible Potential San Andres Additional Potential San Horizontal Andres Vertical Spacing 6…
Delaware Basin Assets Asset Description 20,794 gross / 20,490 net acres Culberson and Reeves 4 total drilled gross vertical well (as of September Counties, Texas 30, 2016) Well performing in line with type curve expectations…
Recent Developments & Preliminary 2017 Capex Guidance Recent Developments Three-well horizontal drilling program began in mid-August in the Central Basin Platform Augustus 1H and Tiberius 1H 24 hour well test after 45 days on…
Growth in Reserves & Production Ring was able to add scale through the Delaware Basin acquisition and has significantly grown production over the last several years The low-decline nature of the Permian Basin assets help Ring…
Texas Acreage Growth Ring Energy Acreage Growth TX Gross TX Net Date Acres Acres 70,000 Current 63,646 46,280 12/31/2015 45,969 33,282 60,000 9/30/2015 45,969 33,272 50,000 6/30/2015 29,939 17,999 40,000 3/31/2015 29,898…
Appendix www.ringenergy.com NYSE OTCQX:RNGE MKT: REI
Management Team Lloyd T. (Tim) Rochford Co-Founder and Chairman of the Board Mr. Rochford, 70, 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, 58, 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, 2016 Crude Oil Natural Gas Total PV-10 (Bbls) (Mcf) (Boe) (in thousands) Proved Developed Reserves: Texas 8,451,200 10,223,800 10,155,167 112,853 Kansas 27,800 257,500 70,717 523 Total…
Income Statement 3 Months Ended 3/31, 3 Months Ended 3/31, 2016 2017 Revenue 12,243,793 6,092,388 Pre-Tax Income (Loss) 2,619,531 ( 24,246,101) Net Income (Loss) 1,279,281 ( 15,275,044) Earnings (Loss) Per Share1 0.03…
Balance Sheet 3 Months Ending 12 Months Ending ( thousands) 3/31/2017 12/31/2016 Assets: Cash and Cash Equivalents 55,418.13 71,086.38 Other Current Assets 5,160.46 4,134.53 Total Current Assets 60,578.59 75,220.91 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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