Jeffrey Robertson

Noel Parks

Jeffrey Grampp

John White

Neal Dingmann

Bertrand Donnes

- Ring Energy has established a debt reduction target of approximately **$18 million** for the third quarter of 2025.  **[1384195_4eb35449bb524a398ef031f626a211c3_0]** 
- The company anticipates its borrowings outstanding on its credit facility will decrease from **$448 million** as of June 30, 2025, to approximately **$430 million** by September 30, 2025.  **[1384195_4eb35449bb524a398ef031f626a211c3_0]** 
- This debt reduction effort is a response to a drop in oil prices experienced earlier this year, aimed at maximizing free cash flow and strengthening the balance sheet.  **[1384195_4eb35449bb524a398ef031f626a211c3_0]** 
- Warburg Pincus has recently exited its full common equity position in Ring Energy.  **[1384195_4eb35449bb524a398ef031f626a211c3_0]**

RING ENERGY (REI)