December 1, 2016 / 2:32 PM / 9 months ago

BRIEF-Ring Energy Inc sees preliminary capital expenditure budget for 2017

Dec 1 (Reuters) - Ring Energy Inc :

* Ring Energy, Inc. Releases update on three well horizontal drilling program

* Ring Energy Inc - sees preliminary capital expenditure budget for 2017 of approximately $70 million

* Ring Energy Inc - funding for 2017 capex budget will come from existing cash flow from operations and company's $60 million senior credit facility Source text for Eikon: Further company coverage:

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