Company: REI
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038401
Chunk: 115

Company: RING ENERGY, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 115
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,337,276)— (1,337,276)Oil and natural gas production taxes(3,627,264)— (3,627,264)Depreciation, depletion and amortization (3)— (24,699,421)(24,699,421)Asset retirement obligation accretion— (352,184)(352,184)Operating lease expense— (175,090)(175,090)General and administrative expense— (7,713,534)(7,713,534)Interest income— 144,933 144,933 Interest (expense)— (10,946,127)(10,946,127)Gain (loss) on derivative contracts— (1,828,599)(1,828,599)Gain (loss) on disposal of assets— 51,338 51,338 Other income— — — Income Before Provision for Income Taxes$74,758,163 $(45,518,684)$29,239,479 Total Assets (3)$1,365,645,578 $24,108,307 $1,389,753,885 Capital expenditures$35,360,832 $— $35,360,832 

37

For the Six months ended June 30, 2025Exploration and ProductionCorporateTotal CompanyOil, Natural Gas, and Natural Gas Liquids Revenues$161,693,966 $— $161,693,966 Lease operating expenses(39,923,533)— (39,923,533)Gathering, transportation and processing costs(337,421)— (337,421)Ad valorem taxes(3,180,755)— (3,180,755)Oil and natural gas production taxes(7,417,062)— (7,417,062)Depreciation, depletion and amortization (3)— (48,185,897)(48,185,897)Asset retirement obligation accretion— (708,800)(708,800)Operating lease expense— (350,181)(350,181)General and administrative expense— (15,758,495)(15,758,495)Interest income— 159,716 159,716 Interest (expense)— (21,256,190)(21,256,190)Gain (loss) on derivative contracts— 13,719,264 13,719