Ring Energy, Inc. (NYSE American: REI) is a Midland, Texas-based oil and gas exploration, development, and production company with current operations in the Permian Basin of West Texas recognized as the top producing oil basin in North America. Founded in 2012, the experienced management team has aggressively sought to acquire select properties in the Permian Basin with development opportunities for future years. As of 12/31/17, the company has, through exploitation and acquisitions, increased their proved reserves to an estimated 31.9 million BOE’s (barrel of oil equivalents). REI’s management understands what is required to build an oil and gas company from the ground up, having successfully done so on more than one occasion.
With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation, and reservoir engineering, coupled with long-established industry relationships, REI has the components in place to build another profitable and successful public oil company.
InPlay Oil Corp. is a growth-oriented light oil development and production company based in Calgary, Alberta.
InPlay’s activity is focused on large oil in place pools with low recovery factors, low declines, and long life reserves primarily targeting the Cardium Formation in Alberta. InPlay has a strong balance sheet allowing it to weather commodity volatility and develop its extensive inventory of horizontal drilling locations. InPlay’s shares trade on the Toronto Stock Exchange under the symbol IPO.