Ring Energy (REI) Registration Filing summary

Company overview and business model

• Operates as an oil and gas exploration, development, and production company focused on the Permian Basin, targeting oil and liquids-rich formations in the Northwest Shelf and Central Basin Platform.

• Executive offices are located in The Woodlands, Texas, and common stock is listed on NYSE American under the symbol REI.

Financial performance and metrics

• Incorporates by reference audited financial statements and reserve reports, with the most recent annual and quarterly filings available through the SEC and company website.

• As of December 19, 2024, 198,196,034 shares of common stock were outstanding; no preferred shares outstanding.

Use of proceeds and capital allocation

• Net proceeds from securities sales may be used for debt reduction or refinancing, working capital, capital expenditures, and potential future acquisitions.

• Specific allocations will be detailed in future prospectus supplements.