Company: REI
Filing Date: 2025-05-06
Form Type: 424B5
Source: 0001628280-25-022693
Chunk: 6

Company: RING ENERGY, INC.
Filing Date: 2025-05-06
Form: 424B5
Chunk 6
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 world undertake to control inflation, including the impacts such actions have on general economic conditions;

• the potential for production decline rates and associated production costs for our wells to be greater than we forecast;

• risks and liabilities associated with the acquisition and integration of companies and properties;

• cost and availability of drilling rigs, and related equipment, supplies, personnel, and oilfield services;

• geological concentration of our oil and natural gas reserves;

• the timing and extent of our success in acquiring, discovering, developing, and producing oil and natural gas reserves;

• our dependence on the availability, use and disposal of water in our drilling, completion and production operations;

• significant competition for oil and natural gas acreage and acquisitions;

• environmental or other governmental regulations, including legislation related to hydraulic fracture stimulation and climate change measures;

• our ability to secure reliable transportation for oil and natural gas we produce and to sell the oil and natural gas at market prices;

• future environmental, social and governance compliance developments and increased attention to such matters which could adversely affect our ability to raise equity and debt capital;

• management’s ability to execute our plans to meet our optimal goals;

• the occurrence of cybersecurity incidents, attacks or other breaches to our information technology systems or on systems and infrastructure used by the oil and gas industry;

• our ability to find and retain highly skilled personnel and our ability to retain key members of our management team on commercially reasonable terms;

• adverse weather conditions;

• costs and liabilities associated with environmental, health, and safety laws;

• social unrest, political instability, or armed conflict in major oil and natural gas producing regions outside the United States, including evolving geopolitical and military hostilities in the Middle East, Russia, and Ukraine and acts of terrorism or sabotage;

• our insurance coverage may not adequately cover all losses that may be sustained in connection with our business activities; and

• possible adverse results from litigation and the use of financial resources to defend ourselves.

Reserve engineering is a process of estimating underground accumulations of oil, natural gas, and natural gas liquids that cannot be measured in an exact way. The accuracy of any reserve estimate depends on the quality of available data, the interpretation of such data and price and cost assumptions made by reserve engineers. In addition, the results of drilling, testing and production activities may justify revisions of estimates that were made previously. If significant, such revisions would change the schedule of any further production and our development program. Accordingly, reserve estimates may differ significantly from the quantities of oil, natural gas and natural gas liquids that are ultimately recovered.

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