Current REI Stock Info

Ring Energy, Inc. (ticker: REI) released its operations update for the fourth quarter of 2017.

In the three months ended December 31, 2017, on its central basin platform asset (CBP), Ring drilled 19 new horizontal San Andres wells and was in the process of drilling number 20 at the end of the quarter.

Source: Ring Energy

In the fourth quarter, Ring completed, tested and filed initial potentials on 13 new horizontal San Andres wells. The average IP on the 13 completed wells in the fourth quarter 2017 was approximately 458 BOEPD. Ring ha...


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