{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-016778","form_type":"8-K","ticker":"REI","cik":"0001384195","company_name":"RING ENERGY, INC.","filed_at":"2025-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.126277+00:00","generated_at":"2026-05-23T20:46:24.486031+00:00","sec_items":["1.01","2.01","3.02","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 Lime Rock Permian acquisition for $68.6M cash, $10M deferred, and 6.45M shares","bullets":["Acquired ~17,700 net acres (100% HBP) and ~2,300 Boe/d (>80% oil) production from 101 gross wells in Andrews County, TX.","Total consideration: ~$68.6M cash at closing (net of $5M deposit), $10M deferred cash due Dec 31, 2025, and 6.45M shares of common stock.","Acquisition expected to generate $34M 2025E Adjusted EBITDA, valued at <85% of proved developed PV-10; accretive to key per-share metrics.","Adds >40 gross drilling locations with superior economics; assets mostly contiguous to existing Shafter Lake CBP footprint.","Funded with cash on hand and borrowings under senior credit facility; registration rights agreement filed for shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-016778","json":"https://secwatch.observer/filing/0001628280-25-016778.json","markdown":"https://secwatch.observer/filing/0001628280-25-016778.md","text":"https://secwatch.observer/filing/0001628280-25-016778.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1384195/000162828025016778/0001628280-25-016778-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1384195/000162828025016778/rei-20250331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T20:46:24.486031+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"}