Brief: Ring Energy Releases First Quarter 2020 Operations Update

Ring Energy

22/04/2020 21:44

April 22 (Reuters) - Ring Energy Inc  REI.A :
    * RING ENERGY, INC. RELEASES FIRST QUARTER 2020 OPERATIONS
UPDATE
    * RING ENERGY INC - NET ESTIMATED PRODUCTION FOR Q1 OF 2020
WAS
APPROXIMATELY 991,772 BOES VERSUS 878,600 BOES
    * RING ENERGY INC - MARCH 2020 AVERAGE NET PRODUCTION WAS
APPROXIMATELY 11,474 BOEPD, AS COMPARED TO NET DAILY PRODUCTION
OF 6,381 BOES IN MARCH 2019
    * RING ENERGY INC - FOR 2020, COMPANY CURRENTLY HAS IN PLACE
"FINANCIAL" HEDGES IN FORM OF "COSTLESS COLLARS" ON 5,500
BARRELS OF OIL PER DAY

Source text for Eikon:  ID:nBw7fGG0Qa 
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