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Ring Energy Details Year-end 2013 Financial Results

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March 24, 2014

An increase of 609% on oil and natural gas revenues helped Ring Energy Inc. (NYSE MKT: REI) end 2013 on a 1,047% increase over 2012 for its income earned in the fourth-quarter period, the company said March 21.

Net income earned in fourth-quarter 2013 was $1,534,957, compared to $133,821 from 2012, the company said, noting that the amount earned in fourth-quarter 2012 was based on oil and natural gas revenues of $712,180.

Ring Energy lost less money—$452, 209 in fourth-quarter 2013, compared to $1,669,283 in the same period 2012, the ...

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