**Exhibit            31.2**

**CERTIFICATIONS**

I,Robert “Steve” Owenscertify            that:

1.     As Acting Chief Financial            Officer,I have            reviewed this quarterly report on Form 10-Q ofRing Energy,            Inc.

             

2.     Based            on my knowledge, this report does not contain any untrue statement of a material fact            or omit to state a material fact necessary to make the statements made, in light of the            circumstances under which such statements were made, not misleading with respect to the            period covered by this report.

3.     Based            on my knowledge, the financial statements, and other financial information included in            this report, fairly present in all material respects the financial condition, results            of operations and cash flows of the registrant as of, and for, the periods presented in            this report.

4.     As Acting Chief Financial            Officer,I            amresponsible for            establishing and maintaining disclosure controls and procedures (as defined in Exchange            Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

(a)     Designed            such disclosure controls and procedures, or caused such disclosure controls and            procedures to be            designed under mysupervision, to ensure            that material information relating to the registrant, including its consolidatedsubsidiaries, is made            known to meby            others within those entities, particularly during the period in which this report is            being            prepared.

             

(b)     Evaluated            the effectiveness of the registrant’s disclosure controls and procedures and            presented in this reportmyconclusions about the            effectiveness of the disclosure controls and procedures, as of the end of the period            covered by this report based on such evaluationand

(c)     Disclosed            in this report any change in the registrant’s internal control over financial            reporting that occurred during the registrant’s most recent fiscal quarter (the            registrant’s fourth fiscal quarter in the case of an annual report) that has            materially affected, or is reasonably likely to materially affect, the            registrant’s internal control over financial reportingand

5.     As Acting Chief Financial            Officer,I have            disclosed, based onmymost recent evaluation of            internal control over financial reporting, to the registrant’s auditors and the            audit committee of the registrant’s board of directors:

(a)     All            significant deficiencies and material weaknesses in the design or operation of internal            control over financial reporting which are reasonably likely to adversely affect the            registrant’s ability to record, process, summarize and report financial            informationand

             

(b)     Any            fraud, whether or not material, that involves management or other employees who have a            significant role in the registrant’s internal control over financial            reporting.
| Date: May 8, 2007 | By: | /s/ Robert “Steve”                        Owens            |
|-------------------|-----|-------------------------------------------------------------------------------------------------------------------------------|

|   | Robert “Steve” Owens, President

                            Acting Chief Financial Officer |
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