<SEC-DOCUMENT>0000950170-25-107516.txt : 20250812
<SEC-HEADER>0000950170-25-107516.hdr.sgml : 20250812
<ACCEPTANCE-DATETIME>20250812191355
ACCESSION NUMBER:		0000950170-25-107516
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250812
DATE AS OF CHANGE:		20250812

SUBJECT COMPANY:	

	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

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-86902
		FILM NUMBER:		251208465

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Warburg Pincus Partners II (US), L.P.
		CENTRAL INDEX KEY:			0001658788
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
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    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Class A Common stock, par value $0.001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001384195</issuerCik>
        <issuerName>Ring Energy, Inc.</issuerName>
        <issuerCusip>76680V108</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <street1 xmlns="http://www.sec.gov/edgar/common">1725 Hughes Landing Blvd</street1>
          <street2 xmlns="http://www.sec.gov/edgar/common">Suite 900</street2>
          <city xmlns="http://www.sec.gov/edgar/common">The Woodlands</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">TX</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">77380</zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
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        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
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      <reportingPersonName>Warburg Pincus &amp; Company US, LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of common stock ("Common Stock") outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission ("SEC") on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Warburg Pincus Partners II (US), L.P.</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus (E&amp;P) Energy LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus (E&amp;P) Energy GP, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus Energy (E&amp;P)-A, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>WP Energy Stronghold Holdings, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>WP Energy Partners Stronghold Holdings, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus Energy (E&amp;P) Partners-B, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus Energy (E&amp;P) Partners-A, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus (E&amp;P) XII LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus (E&amp;P) XII, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus XII (E&amp;P) Partners-2, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus XII (E&amp;P) Partners-1, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>WP XII Stronghold Holdings, L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>WP XII (E&amp;P) Partners (A), L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>WP XII (E&amp;P) Partners (B), L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus Private Equity (E&amp;P) XII (A), L.P.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus &amp; Co.</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Warburg Pincus LLC</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>5474165</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>5474165</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5474165</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>2.65</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>
The reported percentage is calculated based on 206,544,770 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Form 10-Q filed with the SEC on August 6, 2025.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Ring Energy, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1725 HUGHES LANDING BLVD, SUITE 900, THE WOODLANDS, TEXAS , 77380.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>This statement is filed by the entities listed below, all of whom together are referred to herein as the "Reporting Persons":
1.	 Warburg Pincus &amp; Company US, LLC;
2.	 Warburg Pincus Partners II (US), L.P.;
3.	 Warburg Pincus (E&amp;P) Energy LLC;
4.	 Warburg Pincus (E&amp;P) Energy GP, L.P.;
5.	 Warburg Pincus Energy (E&amp;P)-A, L.P.;
6.	 WP Energy Stronghold Holdings, L.P.;
7.	 WP Energy Partners Stronghold Holdings, L.P.;
8.	 Warburg Pincus Energy (E&amp;P) Partners-B, L.P.;
9.	 Warburg Pincus Energy (E&amp;P) Partners-A, L.P.;
10.	Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC;
11.	Warburg Pincus (E&amp;P) XII LLC;
12.	Warburg Pincus (E&amp;P) XII, L.P.;
13.	Warburg Pincus XII (E&amp;P) Partners-2, L.P.;
14.	Warburg Pincus XII (E&amp;P) Partners-1, L.P.;
15.	WP XII Stronghold Holdings, L.P.;
16.	WP XII (E&amp;P) Partners (A), L.P.;
17.	WP XII (E&amp;P) Partners (B), L.P.;
18.	Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P.;
19.	Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P.;
20.	Warburg Pincus Private Equity (E&amp;P) XII (A), L.P.;
21.	Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC;
22.	Warburg Pincus &amp; Co.; and
23.	Warburg Pincus LLC.
</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>The principal business address of the Reporting Persons is c/o Warburg Pincus LLC, 450 Lexington Avenue, New York, New York 10017.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>See responses to Item 4 on each cover page.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>See responses to Item 9 on each cover page.

The securities reported in this statement give effect to the sale of 8,919,487 shares of Common Stock by the Reporting Persons after June 30, 2025.

Warburg Pincus &amp; Company US, LLC 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. 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., WP XII (E&amp;P) Partners (B), 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 this paragraph, collectively, the "Warburg Entities"). In such capacities, each of the Warburg Entities may be deemed to beneficially own the reported securities.

The filing of this statement shall not be deemed an admission by any of the Reporting Persons, of beneficial ownership of the reported securities for purposes of Section 13(d) or Section 13(g) or for any other purpose.</amountBeneficiallyOwned>
        <classPercent>See responses to Item 11 on each cover page.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>See responses to Item 5 on each cover page.</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See responses to Item 6 on each cover page.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>See responses to Item 7 on each cover page.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See responses to Item 8 on each cover page.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus &amp; Company US, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Partners II (US), L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus (E&amp;P) Energy LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus (E&amp;P) Energy GP, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Energy (E&amp;P)-A, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>WP Energy Stronghold Holdings, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>WP Energy Partners Stronghold Holdings, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Energy (E&amp;P) Partners-B, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Energy (E&amp;P) Partners-A, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Energy (E&amp;P) Partners-B Stronghold, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus (E&amp;P) XII LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti /s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus (E&amp;P) XII, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus XII (E&amp;P) Partners-2, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus XII (E&amp;P) Partners-1, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>WP XII Stronghold Holdings, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>WP XII (E&amp;P) Partners (A), L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>WP XII (E&amp;P) Partners (B), L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Private Equity (E&amp;P) XII-E (A), L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Private Equity (E&amp;P) XII-D (A), L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus Private Equity (E&amp;P) XII (A), L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus XII (E&amp;P) Partners-2 Stronghold, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus &amp; Co.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Warburg Pincus LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Harsha Marti</signature>
        <title>Harsha Marti, Authorized Signatory</title>
        <date>08/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>

Exhibit 24.1  Joint Filing Agreement, by and among the Reporting Persons, incorporated by reference to Exhibit 24.1 to the Schedule 13G dated May 9, 2025.</signatureComments>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
