JULY 2014 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…
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…
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…
Proven Strategy on Familiar Acreage Rings 20,747 gross acres (as of 6/30/14) 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 20,747 gross acres Drilling Inventory PUD + Potential Locations 40/20/10 Acre PUDs - 192 (SEC; as of 12/31/13) Additional Potential Locations - 1,740 as of 4/1/14…
Kansas Leasehold Low Entry Cost Gray, Finney & Haskell Favorable Terms on Long Term Counties, Kansas Leasehold of 16,997 gross acres and 14,232 net acres. Entered into joint development agreement. Initiated pilot development…
2014 CAPEX Growth Plan 2014 Capital Budget - 115 million PERMIAN BASIN PROPERTIES 130 New Development Wells Acquisition and Leasing, 21.5MM, 19% 10 Re-fracs Infrastructure Improvements Contingency, 9.7MM, 8% Drilling,…
Appendix www.ringenergy.com NYSE OTCQX:RNGE MKT: REI
Management Team Lloyd T. (Tim) Rochford Co-Founder and Chairman of the Board Mr. Rochford, 67, has been active as an individual consultant and entrepreneur in the oil and gas industry since 1973. During that time, he has been an…
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 Mos Ending 12 Mos Ending ( thousands) 3/31/14 12/31/13 Total Revenue 5,970.4 10,315.7 Net Income (Loss) 1,163.6 (452.2) 2 Cash Flow 4,061.1 5,552.3 1 Earnings (Loss) Per Share 0.05 (0.03) 1,2 Cash Flow…
Balance Sheet 3 Mos ending 12 Mos ending ( thousands) 3/31/14 12/31/13 Assets: Cash and Cash Equivalents 37,732.8 52,350.6 Other Current Assets 2,928.3 3,954.4 Total Current Assets 40,661.1 56,305.0 PP&E, net 76,586.6 55,418.4…
Analyst Coverage Ring Energy, Inc. Analyst Coverage FIRM ANALYST(S) Capital One Securities, Inc. Richard Tullis (504) 593-6118 richard.tulliscapitalone.com Euro Pacific Capital, Inc. Joel Musante, CFA (800) 727-7922 ext: 144…