News Releases

  • RAM Energy Announces Hedging Position

    As of the end of March 2020, RAM Energy has in place various commodity hedges with both Shell and Macquarie.  Currently, RAM has 100% swap contracts at fixed prices with its hedging counterparties.

    Specifically, RAM has over 60% of its expected oil production hedged until October 2022 at prices in excess of $50.00 / Bbl (WTI). 

    Further, RAM has in excess of 64% of its natural gas production until October 2022 hedged at prices exceeding $2.39/MMbtu.

    Given that strip commodity pricing is less than our average hedge prices, RAM will receive hedge settlements monthly and will use such settlements for general corporate purposes.

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About RAM Energy

RAM Energy is an independent oil and natural gas producer engaged in the acquisition, exploration and development of both conventional and non-conventional oil and gas assets. RAM has a long history of successfully drilling oil and natural gas wells in core areas in Texas, Oklahoma and Louisiana. Currently, RAM Energy is focused on extending its success in the Giddings Austin Chalk Field in Fayette County, Texas.