Financial Data and Key Metrics Changes - For Q3 2020, the company reported revenues of $31.5 million, a net loss of $2 million, and a loss per diluted share of $0.03, which included a pretax unrealized loss on hedges of $6.2 million [8] - For the nine months ended September 30, 2020, revenues were $81.7 million, with a net loss of $93.2 million and a loss per diluted share of $1.37 [9] - Adjusted EBITDA increased almost 45% over the prior quarter, and free cash flow increased almost 46% [5] Business Line Data and Key Metrics Changes - Oil sales for Q3 were 781,626 barrels, and gas sales were 581,123 MCF, totaling 878,480 BOE, with average received prices of $38.80 per barrel of oil and $1.96 per MCF of gas [12] - For the nine-month period, oil sales were 266,980 barrels, and gas sales were 1,764,165 MCF, totaling 2,361,008 BOE, with average received prices of $38.40 per barrel of oil and $1.30 per MCF of gas [13] Market Data and Key Metrics Changes - The company reduced its bank debt by $15 million, exiting the quarter with almost $18 million in cash and over $32 million in liquidity [5] - The differential between the oil price received and WTI averaged approximately $2 per barrel [13] Company Strategy and Development Direction - The company plans to focus on consolidating existing assets that are similar or accretive to its long-life, shallow decline assets [41][42] - The company aims to utilize cash flows to continue reducing debt under its credit facility [14] - The management emphasized the importance of evaluating investment opportunities based on liquidity improvement, especially in the current low commodity price environment [37][38] Management's Comments on Operating Environment and Future Outlook - The management acknowledged challenges due to the pandemic and economic downturn, which are keeping energy prices at historically low levels [30] - The company is planning its business assuming prices will remain low and is focused on maintaining liquidity [31][32] - Management expressed confidence in the company's low decline, long-life production base, which requires less capital to maintain production levels [31][72] Other Important Information - The company completed a public offering and a registered direct offering, raising approximately $20.8 million in gross proceeds [18] - The company has recorded four consecutive quarters of positive post-CapEx cash flow [14] Q&A Session Summary Question: How does the company evaluate bringing back a rig versus doing a deal? - The decision is based on the merits of each investment opportunity, with a preference for acquiring assets in the current environment due to additional value from undeveloped opportunities [68] Question: What are the costs associated with new wells? - The estimated cost for a new well on the Northwest shelf is about $2.2 million, while on the Central Basin platform, it could be around $2 million or less [79] Question: What is the maintenance CapEx budget and development plan if current prices persist? - The company is willing to allow some production decline but prefers to maintain liquidity and will exhaust higher return opportunities before picking up a drilling rig [108]

Corporate Presentation November 2020 www.ringenergy.com www.ringenergy.com www.ringenergy.com OTCQX:RNGE NYSE American: REI Forward-Looking Statements and Cautionary Note Regarding Hydrocarbon Disclosures Forward –Looking Statements This Presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, the Securities Act of 1933 and the Securities Exchange Act of 1934. All statements, other than statements of historical facts included in this Pres ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36057 RING ENERGY, INC. (Exact Name of registrant as specified in its charter) Nevada 90-0406406 (State or other jurisdiction of incorporation or organi ...

Financial Data and Key Metrics Changes - For Q2 2020, the company reported revenues of $10.6 million, a net loss of $135 million, and a loss per diluted share of $1.99, which included a pre-tax unrealized loss on hedges of $26.8 million and $147.9 million in ceiling test impairment [7] - For the first six months of 2020, revenues were $50.2 million, with a net loss of $91.2 million and a loss per diluted share of $1.34 [8] - The company achieved $9.7 million in net cash flow for Q2 and $33.6 million for the first half of 2020, with capital expenditures of $1.8 million and $17.9 million respectively [10][31] - The average received price for oil was $24.23 per barrel and $38.16 per barrel for the first six months [11] Business Line Data and Key Metrics Changes - Oil sales for Q2 were 429,751 barrels, and gas sales were 417,491 MCF, totaling 499,333 BOE [11] - The company limited production during May due to low prices, resulting in a differential of approximately $2.50 per barrel compared to WTI [12] - The company completed 4 ESP to rod conversions in Q2, significantly reducing workover costs from approximately $200,000 to around $30,000 [27][28] Market Data and Key Metrics Changes - Current production is approximately 9,000 BOE per day, with an anticipated 20% year-over-year drop in production from 2019 to 2020 [29] - The company has a high-quality inventory of over 340 Tier 1 and Tier 2 locations, providing over a 15-year drilling inventory [39] Company Strategy and Development Direction - The company plans to use cash flows to reduce debt under its credit facility, which was reduced to $375 million during the spring redetermination [14] - The company is focused on maintaining positive cash flow while minimizing capital expenditures, with plans to drill new wells contingent on stabilized oil prices in the mid-$40 range [33][66] - The company is not actively pursuing new leasing but is renewing acreage that shows promise for development [74] Management's Comments on Operating Environment and Future Outlook - Management noted that M&A activity has been underperforming due to the pandemic and expects further activity to be pushed to 2021 [36] - The management expressed optimism about the market's gradual improvement and the potential for increased drilling activity if prices stabilize [66][84] Other Important Information - The company has received $4.5 million in non-refundable payments related to the divestiture of Delaware assets, indicating ongoing negotiations and interest from buyers [21][98] - The company has approximately 30 permits ready for drilling, indicating preparedness for future operations [77] Q&A Session Summary Question: When will the company resume drilling activities? - The company plans to focus predominantly on the Northwest Shelf for future drilling activities [44] Question: What is the company's outlook on hedging for 2021? - The company has hedges in place for 2021 at an average floor of $42.22 for approximately 4,500 barrels a day [47] Question: Can the company provide a breakdown of impairments by area? - The company stated that impairments are not calculated by area due to full cost accounting practices [63] Question: What is the expected CapEx if prices stay above $40 but below $45? - The company anticipates a CapEx spend of $25 million to $27 million for the year, with potential acceleration in drilling if prices stabilize [68] Question: What is the status of the Delaware asset sale? - The company confirmed that the buyer is actively working on arrangements and has provided non-refundable payments, indicating a strong commitment to the deal [21][91]

Corporate Presentation August 2020 www.ringenergy.com www.ringenergy.com www.ringenergy.com OTCQX:RNGE NYSE American: REI Forward-Looking Statements and Cautionary Note Regarding Hydrocarbon Disclosures Forward –Looking Statements This Presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, the Securities Act of 1933 and the Securities Exchange Act of 1934. All statements, other than statements of historical facts included in this Presen ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36057 RING ENERGY, INC. (Exact Name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 90-04064 ...

Ring Energy, Inc. (NYSE:REI) Q1 2020 Earnings Conference Call May 12, 2020 11:00 AM ET Company Participants Tim Rochford - Chairman of the Board of Directors Kelly Hoffman - Chief Executive Officer David Fowler - President Randy Broaddrick - Chief Financial Officer Danny Wilson - Executive Vice President and Head of Operations Hollie Lamb - Vice President of Engineering Conference Call Participants Neal Dingmann - SunTrust Robinson John White - Roth Capital Richard Tullis - Capital One Noel Parks - Coker & ...

Corporate Presentation May 2020 www.ringenergy.com www.ringenergy.comOTCQX:RNGE NYSE American: REI Forward-Looking Statements and Cautionary Note Regarding Hydrocarbon Disclosures Forward –Looking Statements This Presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, the Securities Act of 1933 and the Securities Exchange Act of 1934. All statements, other than statements of historical facts included in this Presentation regarding the Co ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36057 RING ENERGY, INC. (Exact Name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 90-0406 ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 Form 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2019 Or ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ___________to ___________ 901 West Wall St, 3rd Floor Midland, TX 79701 (Address of principal executive offices) (Zip Code) (432) 682-7464 (Regis ...