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Ring Energy Bolts On 33,000 Acres, Expands Horizontal CBP Footprint

Midland, TX-based independent Ring Energy Inc. said Monday that it has acquired 33,000 undeveloped acres in Gaines County, TX, with an eye toward growing its horizontal drilling footprint in the Central Basin Platform (CBP) in the Permian Basin.

April 17, 2017

Ring Drills Seven Horizontal Wells in Permian’s CBP, Grows Production 10.8% in 1Q2017

Midland, TX-based Ring Energy Inc. continues to get results from its horizontal wells in the Permian Basin’s Central Basin Platform (CBP).

April 7, 2017

Ring Touts Results of First Horizontal Wells in Permian’s Central Basin Platform

In a fourth quarter operations update Monday, Ring Energy Inc. released new well results from its development of the Permian Basin’s Central Basin Platform (CBP).

January 10, 2017
Ring Energy Updates Results from Three-Well Program in Permian’s Central Basin Platform

Ring Energy Updates Results from Three-Well Program in Permian’s Central Basin Platform

Midland, TX-based Ring Energy Inc. announced new results Thursday from its three-well San Andres horizontal drilling program in the Permian Basin’s Central Basin Platform (CBP).

December 1, 2016
Ring Wrapping Up First Horizontal Program in Permian’s CBP

Ring Wrapping Up First Horizontal Program in Permian’s CBP

Ring Energy Inc., which is working on its first horizontal drilling program in the Permian Basin’s Central Basin Platform (CBP), is continuing to “aggressively look for and acquire additional acreage” after doubling down in the play, CEO Kelly Hoffman said Thursday.

September 22, 2016
Ring Limits Drilling, Scoping Out M&A Opportunities in Permian

Ring Limits Drilling, Scoping Out M&A Opportunities in Permian

Fresh from closing an acquisition that significantly increased its size, Ring Energy Inc. said it plans to limit drilling for now but is actively looking for more merger and acquisition (M&A) opportunities to become a premier exploration and production (E&P) company focused on the Permian Basin.

August 13, 2015
Ring Energy Tacks on Permian Acreage, Production For $75 Million

Ring Energy Tacks on Permian Acreage, Production For $75 Million

Ring Energy Inc., an independent oil and gas exploration and production (E&P) company based in Midland, TX, has agreed to purchase 14,000 net acres in the Delaware Basin, plus an undisclosed number of producing wells, in a deal valued at $75 million, the company said.

May 26, 2015

Southern LNG Applies for Elba Island Export License

Southern LNG Co., a subsidiary of El Paso Corp., has thrown its hat into the liquefied natural gas (LNG) export ring, applying to the Department of Energy (DOE) for authorization to export up to 0.5 Bcf/d from its Elba Island terminal in Savannah, GA, to countries that have free trade agreements (FTA) with the United States, according to an application filed with DOE. The company is seeking a 25-year export license.

May 21, 2012

Southern LNG Applies for Elba Island Export License

Southern LNG Co., a subsidiary of El Paso Corp., threw its hat into the liquefied natural gas (LNG) export ring last week, applying to the Department of Energy (DOE) for authorization to export up to 0.5 Bcf/d from its Elba Island terminal in Savannah, GA, to countries that have free trade agreements (FTA) with the United States, according to an application filed with DOE. The company is seeking a 25-year export license.

May 21, 2012

MichCon To Lower Rates for 1.2 Million Gas Customers

Michigan Consolidated Gas (MichCon), DTE Energy’s natural gas utility, will ring in the New Year with a 6.7% rate reduction for 1.2 million customers in Michigan, the company said Thursday.

December 28, 2007