Ring Energy, Inc. (NYSE MKT: REI) is a Texas-based oil and gas exploration, development and production
company with current operations in Texas and Kansas. Founded in 2012, the experienced management
team has aggressively sought to acquire select properties in their "back yard" which provides immediate
positive cash flow and development opportunities for future years. As of 12/31/14, the company has,
through exploitation and acquisitions, increased their proven reserves to an estimated 10.2 million BOE's
(barrel of oil equivalents) and an estimated $281.7 million* in PV-10 (future net revenues discounted 10%).