Ring Energy recently sold its non-core footprint in the Delaware Basin, using the proceeds to pay down debt. The Permian Basin E&P also aims to offload assets in New Mexico.
Anatomy of a Deal: Ring Energy s Conventional Wisdom hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.
The Oklahoma City-based E&P is intentionally letting Haynesville natural gas production fall off this year as the industry faces a volatile supply-demand imbalance.