Ring

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

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).

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).

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.

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.

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.

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.

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.

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.