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Ring Energy Provides Guidance on First Quarter 2021 Debt Reduction, Drilling Program and Sales

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Ring Energy Provides Guidance on First Quarter 2021 Debt Reduction, Drilling Program and Sales . Ring Energy, Inc.May 3, 2021 GMT Announces Timing of First Quarter 2021 Earnings Release and Conference Call THE WOODLANDS, Texas, May 03, 2021 (GLOBE NEWSWIRE) Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) announced today it further paid down debt in the first quarter of 2021, and provided an update on its previously announced Northwest Shelf (“NWS”) drilling program and sales volumes for the first quarter of 2021. In addition, the Company announced the timing of its first quarter 2021 earnings release and conference call.

Ring Energy Provides Guidance on First Quarter 2021 Debt Reduction, Drilling Program and Sales Volumes

FTSE 100 ends higher after jump in oil prices, Wall Street struggles ahead of Fed decision

FTSE 100 ends higher after jump in oil prices, Wall Street struggles ahead of Fed decision The UK blue chip index moved higher while US markets remain cautious ahead of Federal Reserve announcements FTSE 100 closes up 19 points S&P 500 drops flat after opening surge Sainsbury falls after COVID-19 costs 5.10pm: London s leading index pulls out a win The FTSE 100 ended Wednesday up 19 points, 0.3%, at 6,964, while the FTSE 250 added 7 points to finish at 22,440. Oil prices jumped after weekly crude stockpile data fell short of expectations, IG Chief Market Analyst Chris Beauchamp noted. Oil firms in London and on Wall Street have felt the benefit, as the commodity itself rallies, building on the gains made so far this week, Beauchamp wrote. As with equities, it has been unwise to assume the oil rally of recent months has come to an end, and a few more indications of strengthening demand could see oil recover the highs of March.

Galena Achieves 2020 Drilling Objectives at Abra – Updates MRE

Galena Mining Ltd. (ASX: G1A) announces achievement of the key objectives from the 2020 Abra Drilling Program and has subsequently completed an updated JORC Code 2012 Mineral Resource estimate for the Abra Base Metals Project located in the Gascoyne region of Western Australia. Galena Mining Ltd. (“Galena” or the “Company”) (ASX:G1A) announces achievement of the key objectives from the 2020 Abra Drilling Program and has subsequently completed an updated JORC Code 2012 Mineral Resource estimate (“April 2021 Resource”) for the Abra Base Metals Project (“Abra” or the “Project”) located in the Gascoyne region of Western Australia. The April 2021 Resource has been independently prepared by Optiro Pty Ltd (“Optiro”).

FTSE 100 to open higher ahead of Fed meeting

FTSE 100 edges higher as Fed nerves ease; Lloyds in demand after strong Q1 Companies FTSE 100 edges higher as Fed nerves ease; Lloyds in demand after strong Q1 The index of UK blue-chips opened 24 points to the good at 6,968.59 Over to you Mr Powell The FTSE 100 opened in positive territory ahead of the US Federal Reserve call on interest rates with traders betting that Jerome Powell and his cohort will maintain their ultra-accommodative monetary stance. There have been a few market wobbles of late with America’s rapid vaccination programme sparking a faster than anticipated economic rebound, which in turn precipitated inflationary fears.

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