Ring Energy, headquartered in The Woodlands, Texas, focuses on oil and gas exploration in the Permian Basin, holding 129.8 million BOE in proved reserves across 96,127 acres. The company employs 108 people and went public on March 28, 2007.
Alexander Dyes bought 63,203 shares of REI on 20 May at $0.79 per share, worth a total of $50K. They now own 878,087 REI shares, or a 8% holding increase.
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