<SEC-DOCUMENT>0000950170-25-079270.txt : 20250529
<SEC-HEADER>0000950170-25-079270.hdr.sgml : 20250529
<ACCEPTANCE-DATETIME>20250529195513
ACCESSION NUMBER:		0000950170-25-079270
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250527
FILED AS OF DATE:		20250529
DATE AS OF CHANGE:		20250529

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus Private Equity (E&P) XII-E (A), L.P.
		CENTRAL INDEX KEY:			0001792224
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005856

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus Private Equity (E&P) XII-D (A), L.P.
		CENTRAL INDEX KEY:			0001792199
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005855

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WP XII (E&P) Partners (A), L.P.
		CENTRAL INDEX KEY:			0001792213
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005857

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus XII (E&P) Partners-2, L.P.
		CENTRAL INDEX KEY:			0001792220
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005860

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus XII (E&P) Partners-1, L.P.
		CENTRAL INDEX KEY:			0001792222
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005859

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WP XII STRONGHOLD HOLDINGS, L.P.
		CENTRAL INDEX KEY:			0001945099
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005858

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		(212) 878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus Private Equity (E&P) XII (A), L.P.
		CENTRAL INDEX KEY:			0001792241
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005854

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus (E&P) XII LLC
		CENTRAL INDEX KEY:			0001912643
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005852

	BUSINESS ADDRESS:	
		STREET 1:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus (E&P) XII, L.P.
		CENTRAL INDEX KEY:			0001912644
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005861

	BUSINESS ADDRESS:	
		STREET 1:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-878-0600

	MAIL ADDRESS:	
		STREET 1:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS XII (E&P) PARTNERS-2 STRONGHOLD, LLC
		CENTRAL INDEX KEY:			0001945090
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251005853

	BUSINESS ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		(212) 878-0600

	MAIL ADDRESS:	
		STREET 1:		C/O WARBURG PINCUS LLC
		STREET 2:		450 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RING ENERGY, INC.
		CENTRAL INDEX KEY:			0001384195
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				980495938
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1725 HUGHES LANDING BLVD.
		STREET 2:		SUITE 900
		CITY:			THE WOODLANDS
		STATE:			TX
		ZIP:			77380
		BUSINESS PHONE:		281-397-3699

	MAIL ADDRESS:	
		STREET 1:		1725 HUGHES LANDING BLVD.
		STREET 2:		SUITE 900
		CITY:			THE WOODLANDS
		STATE:			TX
		ZIP:			77380

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Transglobal Mining Corp.
		DATE OF NAME CHANGE:	20070425

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Blanca Corp.
		DATE OF NAME CHANGE:	20061220
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-05-27</periodOfReport>

    <issuer>
        <issuerCik>0001384195</issuerCik>
        <issuerName>RING ENERGY, INC.</issuerName>
        <issuerTradingSymbol>REI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001912643</rptOwnerCik>
            <rptOwnerName>Warburg Pincus (E&amp;P) XII LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001912644</rptOwnerCik>
            <rptOwnerName>Warburg Pincus (E&amp;P) XII, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001792220</rptOwnerCik>
            <rptOwnerName>Warburg Pincus XII (E&amp;P) Partners-2, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001792222</rptOwnerCik>
            <rptOwnerName>Warburg Pincus XII (E&amp;P) Partners-1, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001945099</rptOwnerCik>
            <rptOwnerName>WP XII STRONGHOLD HOLDINGS, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001792213</rptOwnerCik>
            <rptOwnerName>WP XII (E&amp;P) Partners (A), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001792224</rptOwnerCik>
            <rptOwnerName>Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001792199</rptOwnerCik>
            <rptOwnerName>Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001792241</rptOwnerCik>
            <rptOwnerName>Warburg Pincus Private Equity (E&amp;P) XII (A), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001945090</rptOwnerCik>
            <rptOwnerName>WARBURG PINCUS XII (E&amp;P) PARTNERS-2 STRONGHOLD, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-05-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>55700</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.8</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>26249575</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See  Footnotes</value>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-05-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>31171</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.8</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>26218404</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See  Footnotes</value>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents a weighted average price. These shares of common stock, par value $0.001 of the Issuer (the &quot;Common Stock&quot;) were sold in multiple transactions at $0.80 per share.</footnote>
        <footnote id="F2">Represents a weighted average price. These shares of Common Stock were sold in multiple transactions at $0.80 per share.</footnote>
        <footnote id="F3">The reporting persons undertake to provide to Ring Energy, Inc. (the &quot;Issuer&quot;), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the &quot;SEC&quot;), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.</footnote>
        <footnote id="F4">Following the reported transactions, the shares of Common Stock are directly held as follows: 7,401,454 by Warburg Pincus Energy (E&amp;P)-A, L.P.; 4,723,248 by WP Energy Stronghold Holdings, L.P.; 386,719 by WP Energy Partners Stronghold Holdings, L.P.; 447,024 by Warburg Pincus Energy (E&amp;P) Partners-A, L.P.; 150,757 by Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC; 4,790,756 by Warburg Pincus Private Equity (E&amp;P) XII (A), L.P.; 114,968 by Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P.; 173,958 by Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P.; 313,309 by WP XII (E&amp;P) Partners (A), L.P.; 6,835,012 by WP XII Stronghold Holdings, L.P.; 806,216 by Warburg Pincus XII (E&amp;P) Partners-1, L.P.; and 74,983 by Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC.</footnote>
        <footnote id="F5">Warburg Pincus &amp; Company US, LLC (&quot;Warburg Pincus&quot;) is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&amp;P) Energy LLC and Warburg Pincus (E&amp;P) XII LLC. Warburg Pincus (E&amp;P) Energy LLC is the general partner of Warburg Pincus (E&amp;P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&amp;P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&amp;P) Partners-A, L.P., and Warburg Pincus Energy (E&amp;P) Partners-B, L.P. Warburg Pincus Energy (E&amp;P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC. (continued in footnote 7)</footnote>
        <footnote id="F6">(continued from footnote 6) Warburg Pincus (E&amp;P) XII LLC is the general partner of Warburg Pincus (E&amp;P) XII, L.P., which is the general partner of Warburg Pincus XII (E&amp;P) Partners-1, L.P., Warburg Pincus XII (E&amp;P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&amp;P) Partners (A), L.P., Warburg Pincus Private Equity (E&amp;P) XII (A), L.P., Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P. Warburg Pincus XII (E&amp;P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 6 and 7, collectively, the &quot;Warburg Entities&quot;).</footnote>
        <footnote id="F7">Each of the Warburg Entities disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Warburg Entities are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.</footnote>
    </footnotes>

    <remarks>This report is filed as form 2 of 2 to report related transactions for the following filers: Warburg Pincus Energy (E&amp;P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC, Warburg Pincus Energy (E&amp;P) Partners-A, L.P., Warburg Pincus Private Equity (E&amp;P) XII (A), L.P., Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P., Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P., WP XII (E&amp;P) Partners (A), L.P., WP XII Stronghold Holdings, L.P., Warburg Pincus XII (E&amp;P) Partners-1, L.P., Warburg Pincus (E&amp;P) XII, L.P., Warburg Pincus (E&amp;P) XII LLC, Warburg Pincus XII (E&amp;P) Partners-2, L.P., Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC, Warburg Pincus Energy (E&amp;P) Partners-B, L.P., Warburg Pincus Partners II (US), L.P., Warburg Pincus &amp; Company US, LLC, Warburg Pincus (E&amp;P) Energy LLC and Warburg Pincus (E&amp;P) Energy GP, L.P.</remarks>

    <ownerSignature>
        <signatureName>Warburg Pincus (E&amp;P) XII LLC, By: Warburg Pincus &amp; Company, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus (E&amp;P) XII, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus XII (E&amp;P) Partners-2, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus XII (E&amp;P) Partners-1, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WP XII Stronghold Holdings, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WP XII (E&amp;P) Partners (A), L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Private Equity (E&amp;P) XII (A), L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC, By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-05-29</signatureDate>
    </ownerSignature>
</ownershipDocument>
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