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 12/31/18, the company has, through exploitation and acquisitions, increased their proved reserves to an estimated 36.6 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, and is on pace to build another profitable and successful public oil company.
Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Their current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. They also operate in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas.
Additionally, Matador conducts midstream operations, primarily through their midstream joint venture, San Mateo Midstream, LLC, in support of their exploration, development and production operations and provide natural gas processing, oil transportation services, natural gas, oil and salt water gathering services and salt water disposal services to third parties.
Sundance Energy Inc (NASDAQ:SNDE) is a leading US oil and gas producer, with extensive experience and a strategy for sustainable, systematic expansion. With a strong asset base in the core of the Eagle Ford, Sundance has the expertise, cash flow, and operational efficiency to sustain long-term growth and liquidity.
Sundance is focused on creating shareholder value through the application of their advanced technical capabilities and regional expertise. Their objective is to efficiently develop and manage their strong portfolio of assets to provide consistent growth of production, cash flow and underlying reserves, and to grow the listed metrics on a per share basis within cash flow.