---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-003065"
form_type: "8-K"
ticker: "REI"
cik: "0001384195"
company_name: "RING ENERGY, INC."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:50:18.100874+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ring Energy Q4 2023 sales ~19,400 Boe/d near high end; debt down $3M; Q1 2024 guidance 18,000-18,500 Boe/d

## Summary
- Q4 2023 sales volumes ~19,400 Boe/d (70% oil), near high-end of guidance 18,900-19,500 Boe/d.
- Reduced debt by $3.0M in Q4; made $11.9M final Founders acquisition payment; ended 2023 with $425M borrowings.
- Q1 2024 guidance: avg sales 18,000-18,500 Boe/d (~69% oil); capex $37-42M for two-rig drilling program.
- Winter weather deferred ~1,900 Boe/d for 10 days in early Q1; production now restored.
- Plans to drill 4-5 horizontal and 4-6 vertical wells in Q1 2024.

## SEC filing metadata
- accession: 0001628280-24-003065
- form_type: 8-K
- ticker: REI
- cik: 0001384195
- company_name: RING ENERGY, INC.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384195/000162828024003065/0001628280-24-003065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384195/000162828024003065/rei-20240129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-003065
- JSON: https://secwatch.observer/filing/0001628280-24-003065.json
- Plain text: https://secwatch.observer/filing/0001628280-24-003065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.