RING ENERGY INC

Ticker: REI CUSIP: 76680V108 Class: Common Stock

Encompass Capital Advisors LLC's Holding History (CIK: 0001541901)

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

Q1 2018

Shares 300,000 Value ($000) $4,305 Avg Close $14.54 Range $12.77 - $16.09

Q4 2017

Shares 2,692,102 Value ($000) $37,420 Avg Close $13.43 Range $11.58 - $15.13

Q3 2017

Shares 2,651,510 Value ($000) $38,421 Avg Close $12.89 Range $11.70 - $14.67

Q2 2017

Shares 2,132,330 Value ($000) $27,720 Avg Close $12.46 Range $10.55 - $14.14

Q1 2017

Shares 871,629 Value ($000) $9,431 Avg Close $12.15 Range $9.22 - $14.10

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	300,000	$4,305	$14.54	$12.77 - $16.09
Q4 2017	2,692,102	$37,420	$13.43	$11.58 - $15.13
Q3 2017	2,651,510	$38,421	$12.89	$11.70 - $14.67
Q2 2017	2,132,330	$27,720	$12.46	$10.55 - $14.14
Q1 2017	871,629	$9,431	$12.15	$9.22 - $14.10