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Ring Energy Inc Signs Definitive Agreement To Acquire North Central Basin Assets From Wishbone Energy Partners


Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Ring Energy Inc ::RING ENERGY, INC. SIGNS DEFINITIVE AGREEMENT TO ACQUIRE NORTH CENTRAL BASIN ASSETS FROM WISHBONE ENERGY PARTNERS.TOTAL PURCHASE PRICE FOR ACQUISITION IS $300 MILLION.SUNTRUST BANK HAS PROVIDED A FINANCING COMMITMENT LETTER FOR AN INCREASED $1 BILLION SENIOR CREDIT FACILITY.SUNTRUST BANK HAS PROVIDED A FINANCING COMMITMENT LETTER WITH A BORROWING BASE OF $425 MILLION. 

Company Quote

3.23
-0.03 -0.92%
26 Jun 2019