REI Ring Energy

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wilmawatts
Posts: 685
Joined: Fri Apr 01, 2011 10:12 am

REI Ring Energy

Post by wilmawatts »

Revenue growth looks impressive. Permian basin infill wells.

These guys are drilling up a storm of relatively cheap vertical wells

Hope they advance past the infill stuff to some laterals - but they are not in the sweet spot of the Permian

Another hot Texas company to look at Dan. I bought in after the recent share offering, and it has not done much, and probably wont until the next earnings call
dan_s
Posts: 34923
Joined: Fri Apr 23, 2010 8:22 am

Re: REI Ring Energy

Post by dan_s »

It has been assigned to one of our SMU interns. Ring does have a solid team.
Dan Steffens
Energy Prospectus Group
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