Ring Energy announces public stock sale to finance planned acquisition

SunTrust Robinson Humphrey, Seaport Global and Euro Pacific to assist

By Devika Patel

Knoxville, Tenn., June 17 – Ring Energy, Inc. said it will price a public offering of common shares with a 15%, 30-day greenshoe.

SunTrust Robinson Humphrey, Inc. is the bookrunner. Seaport Global Securities LLC and Euro Pacific Capital Inc. are senior co-managers.

Proceeds will be used for the company’s planned acquisition of producing wells and leaseholds in Texas and general corporate purposes.

Ring Energy is an oil and gas company based in Redlands, Calif.

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