Seeking Alpha

Ring Energy: Central Basin Platform Acquisition Increases Its Leverage Again

Ring made a $100 million acquisition, 90% in cash (including deferred payments). The acquisition price appears okay by itself, but this will increase Ring's projected leverage to near 2.0x at the end ...
Nasdaq

Ring Energy, Inc. Acquires Central Basin Platform Assets from Lime Rock Resources for $100 Million

Ring Energy announces a $100 million acquisition of Lime Rock's Central Basin Platform assets, enhancing operational capacity and shareholder value. Ring Energy, Inc. announced its agreement to ...
Seeking Alpha

Ring Energy Announces the Closing of the Founders Oil & Gas Permian Basin Assets Acquisition

Immediately accretive to Ring’s production, reserves and Adjusted Free Cash Flow (1); Accelerates Ring’s ability to pay down debt; and Further increases Ring’s inventory of low-risk, high ...
Rigzone

Ring Energy to Acquire Lime Rock's Central Basin Platform Assets

Texas-based Ring Energy, Inc. is acquiring the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP for $100 million, subject to customary closing adjustments. The purchase price of the ...
Oil

Ring Energy expands Central Basin Platform footprint in $100-million deal

Ring Energy expands Central Basin Platform footprint in $100-million deal. Ring Energy Inc. has agreed to acquire the oil-weighted Central Basin Platform (CBP) assets of Lime Rock Resources IV LP for ...
Nasdaq

Ring Energy, Inc. to Participate in Fireside Chat with Water Tower Research on Central Basin Platform Integration Strategies

Ring Energy will participate in a fireside chat with Water Tower Research on July 15, discussing strategic asset integration and synergies. Ring Energy, Inc. announced its participation in a fireside ...