RING ENERGY INC

Ticker: REI CUSIP: 76680V108 Class: Common Stock

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 430 Value ($000) $1 Avg Close $1.96 Range $1.30 - $2.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	430	$1	$1.96	$1.30 - $2.77