Ring Energy Provides Management Team Update
Ring Energy (NYSE American: REI) has announced a key addition to its management team. Phillip Feiner has joined the company as Vice President, General Counsel, bringing over 25 years of energy industry experience. Mr. Feiner will lead Ring's legal and human resources efforts, playing a important role in executing the company's long-term strategy.
CEO Paul D. McKinney expressed confidence in Mr. Feiner's appointment, highlighting the importance of this role in maximizing cash flow, improving the balance sheet, and driving increased stockholder value. Mr. Feiner's extensive background includes positions at Nacero Inc., HSB Solomon Associates, Kosmos Energy, and Cano Petroleum, demonstrating his expertise in various sectors of the energy industry.
Ring Energy (NYSE American: REI) ha annunciato un'importante aggiunta al suo team di gestione. Phillip Feiner è entrato a far parte dell'azienda come Vicepresidente, Consigliere Generale, portando con sé oltre 25 anni di esperienza nel settore energetico. Il signor Feiner guiderà gli sforzi legali e delle risorse umane di Ring, giocando un ruolo fondamentale nell'esecuzione della strategia a lungo termine dell'azienda.
Il CEO Paul D. McKinney ha espresso fiducia nella nomina del signor Feiner, evidenziando l'importanza di questo ruolo nel massimizzare i flussi di cassa, migliorare il bilancio e aumentare il valore per gli azionisti. Il vasto background del signor Feiner include posizioni presso Nacero Inc., HSB Solomon Associates, Kosmos Energy e Cano Petroleum, dimostrando la sua competenza in vari settori dell'industria energetica.
Ring Energy (NYSE American: REI) ha anunciado una adición clave a su equipo de gestión. Phillip Feiner se ha unido a la empresa como Vicepresidente, Asesor General, aportando más de 25 años de experiencia en la industria energética. El Sr. Feiner liderará los esfuerzos legales y de recursos humanos de Ring, desempeñando un papel importante en la ejecución de la estrategia a largo plazo de la empresa.
El CEO Paul D. McKinney expresó su confianza en la designación del Sr. Feiner, resaltando la importancia de este rol en maximizar el flujo de efectivo, mejorar el balance y aumentar el valor para los accionistas. El extenso historial del Sr. Feiner incluye puestos en Nacero Inc., HSB Solomon Associates, Kosmos Energy y Cano Petroleum, lo que demuestra su experiencia en varios sectores de la industria energética.
링 에너지(Ring Energy, NYSE American: REI)는 경영팀에 중요한 인사를 추가했다고 발표했습니다. 필립 페이너가 부사장 겸 법무담당 부사장으로 회사에 합류하여 25년 이상의 에너지 산업 경험을 제공합니다. 페이너 씨는 링의 법률 및 인사 활동을 이끌며 회사의 장기 전략을 실행하는 데 중요한 역할을 할 것입니다.
CEO인 폴 D. 맥키니는 페이너 씨의 임명에 대한 신뢰를 표명하며, 이 역할이 현금 흐름을 극대화하고, 재무제표를 개선하며, 주주 가치를 증대시키는 것의 중요성을 강조했습니다. 페이너 씨의 폭넓은 배경에는 나세로(Nacero Inc.), HSB 솔로몬 어소시에이츠(HSB Solomon Associates), 코스모스 에너지(Kosmos Energy) 및 카노 석유(Cano Petroleum)에서의 직책이 포함되어 있으며, 이는 그가 에너지 산업의 다양한 분야에서 전문성을 지니고 있음을 보여줍니다.
Ring Energy (NYSE American: REI) a annoncé une importante addition à son équipe de direction. Phillip Feiner a rejoint l'entreprise en tant que Vice-Président, Conseiller Général, apportant plus de 25 ans d'expérience dans l'industrie de l'énergie. M. Feiner dirigera les efforts juridiques et des ressources humaines de Ring, jouant un rôle essentiel dans l'exécution de la stratégie à long terme de l'entreprise.
Le PDG Paul D. McKinney a exprimé sa confiance dans la nomination de M. Feiner, soulignant l'importance de ce rôle dans la maximisation des flux de trésorerie, l'amélioration du bilan et l'augmentation de la valeur pour les actionnaires. L'expérience variée de M. Feiner comprend des postes chez Nacero Inc., HSB Solomon Associates, Kosmos Energy et Cano Petroleum, démontrant son expertise dans divers secteurs de l'industrie énergétique.
Ring Energy (NYSE American: REI) hat eine wichtige Ergänzung seines Managementteams bekannt gegeben. Phillip Feiner ist dem Unternehmen als Vizepräsident, General Counsel beigetreten und bringt über 25 Jahre Erfahrung in der Energiebranche mit. Herr Feiner wird die rechtlichen und personaltechnischen Bemühungen von Ring leiten und spielt eine entscheidende Rolle bei der Umsetzung der langfristigen Strategie des Unternehmens.
CEO Paul D. McKinney äußerte Vertrauen in die Ernennung von Herrn Feiner und hob die Bedeutung dieser Rolle bei der Maximierung des Cashflows, der Verbesserung der Bilanz und der Steigerung des Aktionärswerts hervor. Herr Feiners umfassender Hintergrund umfasst Positionen bei Nacero Inc., HSB Solomon Associates, Kosmos Energy und Cano Petroleum, was sein Fachwissen in verschiedenen Sektoren der Energiebranche unterstreicht.
- Addition of experienced executive Phillip Feiner as VP, General Counsel
- Feiner brings 25+ years of energy industry experience to the role
- New appointment aligns with company's strategy to maximize cash flow and improve balance sheet
- None.
THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced a management team update, including the addition of a new senior executive.
Mr. Phillip Feiner has joined Ring as Vice President, General Counsel. With more than 25 years of energy industry experience, including with both public and private companies, Mr. Feiner is responsible for leading Ring’s legal and human resources efforts.
Mr. Paul D. McKinney, Chairman of the Board and Chief Executive Officer, commented, “We are pleased to have Phillip join the Company given his substantial background and industry experience. This role is key to the execution of our long-term strategy, and I – along with the rest of the team – look forward to working closely with Phillip as we continue to focus on maximizing the Company’s cash flow, improving the balance sheet, and driving increased value for our stockholders.”
Prior to joining Ring, Mr. Feiner most recently served as General Counsel for Nacero Inc., a renewable fuels company. Prior to Nacero, Phillip served as General Counsel for HSB Solomon Associates, a global consulting and benchmarking firm serving the upstream, midstream, and downstream energy space. From 2011 to 2019, Mr. Feiner worked at Kosmos Energy as Assistant General Counsel where he was promoted to Vice President, Legal and HR and subsequently to Vice President and Deputy General Counsel. Prior to Kosmos Energy, Phillip served as Vice President and General Counsel for Cano Petroleum. Mr. Feiner received a B.A. degree from the University of North Carolina at Wilmington and a J.D. degree from Wake Forest University School of Law.
About Ring Energy, Inc.
Ring Energy, Inc. is an oil and gas exploration, development, and production company with current operations focused on the development of its Permian Basin assets. For additional information, please visit www.ringenergy.com.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements involve a wide variety of risks and uncertainties, and include, without limitation, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the Securities and Exchange Commission, including its Form 10-K for the fiscal year ended December 31, 2023, and its other filings. Ring undertakes no obligation to revise or update publicly any forward-looking statements, except as required by law.
Contact Information
Al Petrie Advisors
Al Petrie, Senior Partner
Phone: 281-975-2146
Email: apetrie@ringenergy.com
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