<SEC-DOCUMENT>0000950170-25-083978.txt : 20250609
<SEC-HEADER>0000950170-25-083978.hdr.sgml : 20250609
<ACCEPTANCE-DATETIME>20250609192642
ACCESSION NUMBER:		0000950170-25-083978
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250605
FILED AS OF DATE:		20250609
DATE AS OF CHANGE:		20250609

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus Energy (E&P) Partners-A, L.P.
		CENTRAL INDEX KEY:			0001774136
		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:		251035570

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus & Co US, LLC
		CENTRAL INDEX KEY:			0001635320
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36057
		FILM NUMBER:		251035578

	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 Partners II (US), L.P.
		CENTRAL INDEX KEY:			0001658788
		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:		251035577

	BUSINESS ADDRESS:	
		STREET 1:		450 LEXINGTON AVENUE
		STREET 2:		C/O WARBURG PINCUS LLC
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128780600

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus (E&P) Energy GP, L.P.
		CENTRAL INDEX KEY:			0001774123
		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:		251035575

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus (E&P) Energy LLC
		CENTRAL INDEX KEY:			0001774132
		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:		251035576

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WP ENERGY STRONGHOLD HOLDINGS, L.P.
		CENTRAL INDEX KEY:			0001945107
		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:		251035573

	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 Energy (E&P) Partners-B, L.P.
		CENTRAL INDEX KEY:			0001774137
		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:		251035571

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus Energy (E&P)-A, L.P.
		CENTRAL INDEX KEY:			0001774139
		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:		251035574

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WP ENERGY PARTNERS STRONGHOLD HOLDINGS, L.P.
		CENTRAL INDEX KEY:			0001945079
		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:		251035572

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WARBURG PINCUS ENERGY (E&P) PARTNERS-B STRONGHOLD, LLC
		CENTRAL INDEX KEY:			0001945097
		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:		251035569

	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>
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<SEQUENCE>1
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<?xml version="1.0"?>
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    <periodOfReport>2025-06-05</periodOfReport>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001635320</rptOwnerCik>
            <rptOwnerName>Warburg Pincus &amp; Co US, 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>
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    <reportingOwner>
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            <rptOwnerCik>0001658788</rptOwnerCik>
            <rptOwnerName>Warburg Pincus Partners II (US), L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>450 LEXINGTON AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>C/O WARBURG PINCUS LLC</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001774132</rptOwnerCik>
            <rptOwnerName>Warburg Pincus (E&amp;P) Energy 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>
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    <reportingOwner>
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            <rptOwnerCik>0001774123</rptOwnerCik>
            <rptOwnerName>Warburg Pincus (E&amp;P) Energy GP, 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>
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            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
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    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001774139</rptOwnerCik>
            <rptOwnerName>Warburg Pincus Energy (E&amp;P)-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>0001945107</rptOwnerCik>
            <rptOwnerName>WP ENERGY 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>
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            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
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    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001945079</rptOwnerCik>
            <rptOwnerName>WP ENERGY PARTNERS STRONGHOLD HOLDINGS, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WARBURG PINCUS</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
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            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001774137</rptOwnerCik>
            <rptOwnerName>Warburg Pincus Energy (E&amp;P) Partners-B, 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>
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            <isOfficer>false</isOfficer>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001774136</rptOwnerCik>
            <rptOwnerName>Warburg Pincus Energy (E&amp;P) Partners-A, L.P.</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>C/O WARBURG PINCUS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>450 LEXINGTON AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001945097</rptOwnerCik>
            <rptOwnerName>WARBURG PINCUS ENERGY (E&amp;P) PARTNERS-B 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>
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        <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>2025-06-05</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>26606</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.75</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>24853999</value>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                    <footnoteId id="F8"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-06-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>215476</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.77</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>24638523</value>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                    <footnoteId id="F8"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-06-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>257468</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.78</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>24381055</value>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                    <footnoteId id="F8"/>
                </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 prices ranging from $0.75 to $0.76, inclusive.</footnote>
        <footnote id="F2">Represents a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $0.75 to $0.78, inclusive.</footnote>
        <footnote id="F3">Represents a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $0.76 to $0.80, inclusive.</footnote>
        <footnote id="F4">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="F5">Following the reported transactions, the shares of Common Stock are directly held as follows: 6,882,769 by Warburg Pincus Energy (E&amp;P)-A, L.P.; 4,392,250 by WP Energy Stronghold Holdings, L.P.; 359,619 by WP Energy Partners Stronghold Holdings, L.P.; 415,697 by Warburg Pincus Energy (E&amp;P) Partners-A, L.P.; 140,193 by Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC; 4,455,025 by Warburg Pincus Private Equity (E&amp;P) XII (A), L.P.; 106,910 by Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P.; 161,767 by Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P.; 291,352 by WP XII (E&amp;P) Partners (A), L.P.; 6,356,027 by WP XII Stronghold Holdings, L.P.; 749,717 by Warburg Pincus XII (E&amp;P) Partners-1, L.P.; and 69,729 by Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC.</footnote>
        <footnote id="F6">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="F7">(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="F8">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 1 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 &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Partners II (US), L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus (E&amp;P) Energy LLC, By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus (E&amp;P) Energy GP, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Energy (E&amp;P)-A, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WP Energy Stronghold Holdings, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>WP Energy Partners Stronghold Holdings, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Energy (E&amp;P) Partners-B, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Energy (E&amp;P) Partners-A, L.P., By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC, By: Warburg Pincus &amp; Company US, LLC, By: /s/ Harsha Marti, Authorized Signatory</signatureName>
        <signatureDate>2025-06-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
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</SEC-DOCUMENT>
