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Bullboard - Stock Discussion Forum Ring Energy Inc REI

Energy Oil & Gas E&P
Ring Energy, Inc. is an oil and gas exploration, development, and production company. The Company is focused on the development of its Permian Basin assets. Its primary drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas. The Company's leasehold acreage positions total approximately 96,127... see more

NYSEAM:REI - Post Discussion

Ring Energy Inc > Ex-Saudi Aramco Exec's Oil Price Expectations
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Post by ditchdigger251 on Feb 23, 2022 12:37pm

Ex-Saudi Aramco Exec's Oil Price Expectations

This is a message from a senior ex-Aramco exec that should be shared.  According to al-Husseini oil's going to be very strong for the next 3 - 4 YEARS.

'We're in for a long stretch of higher oil prices,' says Sadad Al-Husseini (cnbc.com)
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