Ring Energy Announces Fourth Quarter and Full Year 2020 Results Including Year-End 2020 Proved Reserves and Affirms 2021 Guidance einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
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Ring Energy Announces Fourth Quarter and Full Year 2020 Results Including Year-End 2020 Proved Reserves and Affirms 2021 Guidance Generates Free Cash Flow for Fifth Consecutive Quarter
THE WOODLANDS, Texas, March 16, 2021 (GLOBE NEWSWIRE) Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the fourth quarter and full year 2020 including Ring’s year-end 2020 reserves and affirmed 2021 guidance.
Highlights and Recent Key Items
Exceeded high end of guidance and sold 9,307 barrels of oil equivalent per day (“Boe/d”), or 856,271 barrels of oil equivalent (“Boe”) (86% oil), in the fourth quarter of 2020, despite no new wells coming online during the quarter;
Ring Energy Announces Fourth Quarter and Full Year 2020 Results Including Year-End 2020 Proved Reserves and Affirms 2021 Guidance benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
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CARLSBAD, Calif., Dec. 16, 2020 /PRNewswire/ Qualigen Therapeutics, Inc. (NASDAQ: QLGN) ( Qualigen or the Company ), today announced it has entered into a definitive agreement with a single institutional investor for the purchase and sale for $12,000,000 of (i) 2,370,786 Common Shares, (ii) 1,000,000 Pre-Funded Warrants (iii) 1,348,314 Common Warrants exercisable immediately and (iv) 842,696 Common Warrants exercisable six (6) months after issuance at a combined purchase price of $3.56 in a registered direct offering. The Common Warrants will have an exercise price of $4.07 per share and have a term of two years. The closing of the offering is expected to occur on or about December 18, 2020, subject to the satisfaction of customary closing conditions.