Brief: Ring Energy Inc Terminates Purchase And Sale Agreement Of Its Delaware Basin Acreage
30/10/2020 12:43
Oct 30 (Reuters) - Ring Energy Inc REI.A :
* RING ENERGY, INC. TERMINATES PURCHASE AND SALE AGREEMENT
OF ITS
DELAWARE BASIN ACREAGE
* RING ENERGY - PROSPECTIVE BUYER WAS UNABLE TO CONSUMMATE
CLOSING
OF CO'S DELAWARE BASIN ASSETS LOCATED IN CULBERSON AND REEVES
COUNTIES, TEXAS
* RING ENERGY - HAS RECEIVED $5.5 MILLION IN NON-REFUNDABLE
DEPOSITS WHICH HAVE BEEN USED TO REDUCE OUTSTANDING BALANCE ON
SENIOR CREDIT FACILITY
Source text for Eikon: ID:nBwbK43d2a
Further company coverage: REI.A
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