{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-029835","form_type":"8-K","ticker":"REI","cik":"0001384195","company_name":"RING ENERGY, INC.","filed_at":"2023-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.755920+00:00","generated_at":"2026-06-11T07:35:17.734830+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ring Energy closes $65M acquisition of Founders Oil & Gas Permian Basin assets","bullets":["Total cash consideration ~$65M: $7.5M deposit, $42.5M at closing, $15M deferred due Dec 15, 2023.","Acquired ~3,600 net acres in Ector County, Texas, Central Basin Platform, similar to prior Stronghold assets.","Transaction funded with borrowings under Ring's senior revolving credit facility.","Immediately accretive to production, reserves, and adjusted free cash flow; accelerates debt reduction.","Adds low-risk, high-return drilling locations, increasing capital allocation flexibility."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-029835","json":"https://secwatch.observer/filing/0001628280-23-029835.json","markdown":"https://secwatch.observer/filing/0001628280-23-029835.md","text":"https://secwatch.observer/filing/0001628280-23-029835.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023029835/0001628280-23-029835-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023029835/rei-20230815.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T07:35:17.734830+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}