Ring Energy (NYSEAMERICAN:REI) is an independent oil and gas exploration and production company focused on the acquisition, development and operation of upstream assets in onshore U.S. resource plays. Since its incorporation in 2010, the company has pursued a strategy of acquiring underdeveloped, low-decline oil and natural gas properties and applying capital-efficient development programs to enhance reserves and production. Ring Energy’s asset base features both legacy conventional fields and emerging unconventional plays, enabling a balanced portfolio that supports growth and cash-flow generation.
The company’s core operations are concentrated in the Permian Basin of Texas and New Mexico, where Ring Energy holds interests in numerous oil sands, conventional reservoirs and shallow gas prospects. Employing a combination of vertical, horizontal and multi-stage completion techniques, the firm seeks to optimize well performance while managing operating costs. In addition to organic drilling and recompletion initiatives, Ring Energy selectively evaluates bolt-on acquisitions to expand its acreage position and extend the life of its reserves. The company’s technical team leverages geological and engineering expertise to identify high-value targets and apply tailored development plans.
Ring Energy’s history is marked by strategic acquisitions, including the purchase of key South Texas conventional properties in the early 2010s, which laid the foundation for its current asset base. Over time, the company has evolved its capital structure and operational footprint to support larger-scale development programs and improve financial flexibility. Headquartered in Midland, Texas, Ring Energy maintains field offices in core operating areas to ensure hands-on project management and close oversight of drilling operations.
The company is led by a management team with extensive upstream industry experience. Jeff Cerminaro serves as Chief Executive Officer, guiding corporate strategy, reserve development and investor relations. Supporting him is a leadership group comprised of senior executives in engineering, finance and land management, all focused on executing the company’s disciplined growth strategy. By combining technical acumen, a lean organizational structure and a focus on capital efficiency, Ring Energy aims to deliver sustainable production growth and value creation for its stakeholders.
