DECEMBER 2014 www.ringenergy.com www.ringenergy.com OTCQX:RNGE NYSEOTCQX:RNGE MKT: REI RNGE
Introduction 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 opportunities…
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 with focus on the Central Basin Platform Compliment with additional resource upside in the Mississippian play Proven strategy with focused approach Acquire Exploit…
Executive Summary Company Profile Midland, Texas based E&P company focused on domestic exploration and Mississippian Lime production of oil and natural gas with current operations in Texas and Play Kansas (16,997 gross acres) Year…
Proven Strategy on Familiar Acreage Rings 22,505 gross acres (as of 10/1/14) position in Andrews and Gaines Counties is located 10 miles away from the core of Arenas legacy acreage position Ring can execute its vertical drilling…
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…
San Andres Cross Section www.ringenergy.com NYSE MKT: REI OTCQX:RNGE 10
Ring Energys Permian Assets Andrews and Gaines Counties, Texas 22,505 gross acres Drilling Inventory PUD + Potential Locations 40/20/10 Acre PUDs - 192 (SEC; as of 12/31/13) Wells Drilled To Date in 2014 92 as of 10/1/14…
Kansas Leasehold Low Entry Cost Favorable Terms on Long Term Gray, Finney & Haskell Leasehold of 16,997 gross acres and Counties, Kansas 14,232 net acres. Entered into joint development agreement. Initiated pilot development…
2014 CAPEX Growth Plan 2014 Capital Budget - 125 million PERMIAN BASIN PROPERTIES Three Rig Program 135-140 New Development Wells 10 Re-fracs Infrastructure Improvements KANSAS PROPERTIES Commenced Pilot Development Program in…
Appendix www.ringenergy.com NYSE OTCQX:RNGE MKT: REI
Oil and Gas Reserves As Of December 31, 2013 Crude Oil Natural Gas Total PV-10 (Bbls) (Mcf) (Boe) (000) Proved Developed Reserves: Texas 1,941,367 599,751 2,041,326 59,977 Kansas - 31,000 5,167 48 Total PD Reserves 1,941,367…
Income Statement 3 Months Ended Sept 30, 6 Months Ended Sept 30, 2013 2014 2013 2014 Revenue 2,820,731 10,929,771 5,264,267 28,104,461 Pre-Tax Income (131,493) 2,740,428 (1,987,166) 9,066,502 Net Income (131,493) 1,726,469…
Balance Sheet 9 Mos Ending 12 Mos Ending ( thousands) 9/30/2014 12/31/2013 Assets: Cash and Cash Equivalents 29,066.80 52,350.60 Other Current Assets 4,582.90 3,954.50 Total Current Assets 33,649.70 56,305.00 PP&E, net…
Analyst Coverage Ring Energy, Inc. Analyst Coverage FIRM ANALYST Canaccord Genuity Inc. Eli Kantor (713) 331-9901 ekantorcanaccordgenuity.com Capital One Securities, Inc. Richard Tullis (504) 593-6118…
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