{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-042700","form_type":"8-K","ticker":"REI","cik":"0001384195","company_name":"RING ENERGY, INC.","filed_at":"2023-12-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.820039+00:00","generated_at":"2026-06-07T06:50:38.651186+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ring Energy reaffirms $600M borrowing base, pays final $11.9M for Founders acquisition, sells $1.5M non-core assets","bullets":["Borrowing base reaffirmed at $600M under $1.0B credit facility; no terms changed.","Final deferred payment of $11.9M made for Founders acquisition, $3.1M less than initial $15M due to purchase price adjustments.","Sold $1.5M of non-core assets in Gaines County, TX; proceeds used to reduce borrowings.","Next regularly scheduled bank redetermination expected spring 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-042700","json":"https://secwatch.observer/filing/0001628280-23-042700.json","markdown":"https://secwatch.observer/filing/0001628280-23-042700.md","text":"https://secwatch.observer/filing/0001628280-23-042700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023042700/0001628280-23-042700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1384195/000162828023042700/rei-20231221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:50:38.651186+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"}