RAM Energy Sets Public Offering

RAM Energy Resources, Inc. announced today the public offering of 7,500,000 shares of its common stock, priced at $4.00 per share. All 7,500,000 shares are being offered by RAM Energy Resources.
In addition, Danish Knights, A Limited Partnership, a principal stockholder of RAM Energy Resources, has granted the underwriters a 30-day option to purchase 1,125,000 shares to cover over-allotments.
Net proceeds of the offering available to RAM Energy Resources of approximately $28.1 million will be used to provide additional working capital for general corporate purposes, including acquisition, development, exploitation and exploration of oil and natural gas properties, and reduction of indebtedness.
RBC Capital Markets acted as sole book-running manager of the offering with Jefferies & Company, Johnson Rice & Company L.L.C., Sanders Morris Harris, Ferris, Baker Watts Incorporated, and Gilford Securities Incorporated as co-managers.



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