Ring Energy Announces Issuance of Inaugural Sustainability Report
December 29 2021 - 4:45PM
Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”)
today announced that it has issued its Inaugural Sustainability
Report, which is now available on the Company’s website at
www.ringenergy.com under the “Sustainability” tab.
The report provides detailed information about
Ring’s Environmental, Social and Governance (“ESG”) initiatives and
related key performance indicators. In the creation of the
document, the Company consulted the Sustainability Accounting
Standards Board’s (“SASB”) Oil and Gas Exploration and Production
Sustainability Accounting Standard, the recommendations of the Task
Force on Climate-related Financial Disclosures (“TCFD”), the
Sustainable Development Goals (“SDGs”) promulgated by the United
Nations, and other reporting guidance from industry frameworks and
standards.
Paul D. McKinney, Chairman of the Board and
Chief Executive Officer, commented, “Ring’s Board of Directors and
executive team share a commitment to providing greater transparency
and more clearly communicating our ESG initiatives and practices.
Equally committed to our efforts is what we view as a best-in-class
employee team and together, we are focused on creating long-term
value and financial sustainability for our stakeholders while
fostering a culture that is steadfast on environmental stewardship,
operational safety, social responsibility and sound corporate
governance. We invite you to review our Inaugural Sustainability
Report to learn more about our ESG performance and our plans to
drive further alignment in the future with the various reporting
frameworks as we continue our ESG reporting journey.”
About Ring Energy, Inc.
Ring Energy, Inc. is an oil and gas exploration,
development, and production company with current operations focused
on the conventional development of its Permian Basin assets in West
Texas and New Mexico. For additional information, please visit
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, 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.
Contact Information
Al Petrie AdvisorsAl Petrie, Senior PartnerPhone:
281-975-2146Email: apetrie@ringenergy.com
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