---
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"
generated_at: "2026-05-23T20:46:24.486031+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ring Energy closes Lime Rock Permian acquisition for $68.6M cash, $10M deferred, and 6.45M shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-016778
- JSON: https://secwatch.observer/filing/0001628280-25-016778.json
- Plain text: https://secwatch.observer/filing/0001628280-25-016778.txt

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