Ring Energy Announces Executive Management Changes
01 December 2020 - 8:05AM
Business Wire
Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”)
announced today executive management changes effective November 30,
2020.
Ring Energy, Inc. has announced the promotion of Mr. Stephen D.
Brooks to Executive Vice President of Land, Legal, Human Resources
and Marketing. He will report directly to Paul D. McKinney, Chief
Executive Officer and Chairman of the Board. In this new position,
Mr. Brooks will be assuming roles previously held by Mr. Matt
Garner, who joined Ring Energy, Inc. in 2016 and has served as
General Counsel and Vice President of Land for the company.
Following the conclusion of a transition period, Mr. Garner will
remain in Austin, Texas, where he intends to explore new
professional opportunities.
Paul D. McKinney, Chief Executive Officer and Chairman of the
Board, commented, “I would like to thank Matt Garner for his
commitment and contribution to the Ring Energy Team since joining
in 2016. During this time, Matt oversaw the land and legal issues
of several strategic acquisitions that were instrumental to the
Company’s growth and profitability. We wish him all the best in his
future pursuits.” Additionally, Mr. McKinney said, “I would like to
thank Steve Brooks for accepting this newly created and expansive
role, and I look forward to his leadership helping me integrate and
focus all disciplines of the Company on managing costs and
improving profitability.”
About Ring Energy, Inc.
Ring Energy, Inc. is an oil and gas exploration, development and
production company with current operations in Texas and New Mexico.
www.ringenergy.com
Safe Harbor Statement
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Forward-looking
statements involve a wide variety of risks and uncertainties, and
include, without limitations, statements with respect to the
Company’s strategy and prospects. Such statements are subject to
certain risks and uncertainties which are disclosed in the
Company’s reports filed with the SEC, including its Form 10-K for
the fiscal year ended December 31, 2019, its Form 10Q for the
quarter ended September 30, 2020 and its other filings with the
SEC. Readers and investors are cautioned that the Company’s actual
results may differ materially from those described in the
forward-looking statements due to a number of factors, including,
but not limited to, the Company’s ability to acquire productive oil
and/or gas properties or to successfully drill and complete oil
and/or gas wells on such properties, general economic conditions
both domestically and abroad, and the conduct of business by the
Company, and other factors that may be more fully described in
additional documents set forth by the Company.
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David Fowler, President Ring Energy, Inc. (432) 682-7464
Bill Parsons K M Financial, Inc. (702) 489-4447
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