Veriforce Partnership Enhances Ring Energy's Safety and Compliance Capabilities

Ring Energy Inc. (NYSE:REI) has partnered with Veriforce to enhance safety and compliance. Veriforce is a global provider of contractor management and workforce qualification solutions. The partnership will help Ring Energy streamline its contractor oversight processes and provide expert-led workforce training programs. Ring Energy is an independent oil & natural gas company that acquires, explores, develops, and produces oil & natural gas properties.

Ring Energy Inc. (NYSE: REI), an independent oil and natural gas company that acquires, explores, develops, and produces oil and natural gas properties, has partnered with Veriforce to enhance safety and compliance in its operations. Veriforce, a global provider of contractor management and workforce qualification solutions, will help Ring Energy streamline its contractor oversight processes and provide expert-led workforce training programs [1].

The partnership aims to centralize contractor oversight and integrate training programs such as SafeLand and H2S awareness to streamline field readiness. According to Chris Gafford, HSE Manager for Ring Energy, "Our goal was to free up time with our field and office personnel, improving how we verify contractor insurance and MSAs. More importantly, we needed a better way to understand how our contractors are handling safety. Veriforce provides that insight" [1].

This initiative reflects Ring Energy's continued growth in the Permian Basin and its commitment to risk reduction and workforce scalability. By enhancing safety and compliance, Ring Energy seeks to improve operational efficiency and maintain its position as a leading operator in the region.

References:
[1] https://www.prnewswire.com/news-releases/back-to-back-catalysts-line-up-for-us-oil-and-gas-producers-as-domestic-output-tightens-302511975.html