Ring Energy Secures Reaffirmation of $585 Million Credit Facility

Reuters2025-12-16

Ring Energy Secures Reaffirmation of $585 Million Credit Facility

Ring Energy Inc. announced the reaffirmation of its borrowing base at $585 million under its existing $1.0 billion senior revolving credit facility. There were no changes to the terms of the credit facility, and the next scheduled bank redetermination will occur in the spring of 2026. The company expressed appreciation for the continued support of its banking syndicate, emphasizing its focus on strengthening its balance sheet, managing costs, and maintaining production levels as it looks ahead to 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ring Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9602857-en) on December 16, 2025, and is solely responsible for the information contained therein.

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