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Management`s primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. Ring Energy, Inc. (NYSE MKT: REI) is a Texas-based oil and gas exploration, development and production company with current operations in Texas and Kansas. Founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. As of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million BOE`s (barrel of oil equivalents) and an estimated $198 million* in PV-10 (future net revenues discounted 10%). Ring Energy`s management understands what is required to build an oil an 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 in reservoir engineering, Ring has the components in place to build a profitable and successful program.
Clay Petroleum Group is a Middleburg, FL-based company in the Energy & Utilities sector.
Sabine Oil & Gas is a privately-held natural gas and oil company. Sabine’s inventory is comprised of low‐risk development opportunities spanning various geographies and commodity mixes, and also has significant exploration upside. Sabine’s 2013 Capital program is focused almost entirely on oil and liquids‐rich projects.
Minex Inc is a Virginia, MN-based company in the Energy and Utilities sector.
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