Ring Energy, Inc. /
Founders Oil & Gas IV, LLC
Ring Energy purchases Founders oil and gas interests in Texas
What happened
Ring Energy, Inc. completed its acquisition of interests in oil and gas leases and related property from Founders Oil & Gas IV, LLC in Ector County and Crane County, Texas.
The transaction was for approximately $65.0 million in aggregate cash consideration, subject to final post-closing settlement.
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Ring Energy purchases Founders oil and gas interests in Texas
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