Ring Energy is an active Permian Basin operator with approximately 919 gross producing wells, while accelerating Crane County development with 12 well records showing 2026 activity, including 10 horizontal wells. The new Havara 400 Gas Battery air permit in Block B21 strengthens the development signal and creates OFS opportunities spanning drilling, completions and facilities through artificial lift, chemicals, automation, well servicing and long-term production optimization.

Ring Energy’s facility acquisitions, revealed through TCEQ permit transfers, underscore its strategic expansion in Andrews County. As Chord Energy refocuses on the Williston Basin, Ring consolidates CBP assets to drive low-cost, margin-rich growth. These regulatory transfers aren’t just formalities — they’re indicators of who’s doubling down and who’s cashing out in the Permian Basin.

Ring Energy’s recently announced $100 million acquisition of Lime Rock Resources IV’s Central Basin Platform (CBP) assets is now moving from headline to execution — and the regulatory filings confirm it.

Ring Energy, Inc. (NYSE American: REI) has officially closed its acquisition of Central Basin Platform (CBP) assets from Lime Rock Resources, adding ~17,700 net acres in Andrews County, Texas to its growing Permian Basin footprint.