Ram Energy Files for Public Offering

Ram Energy Resources, Inc. today announced that it had filed a registration statement with the Securities and Exchange Commission for a public offering of shares of its common stock.

The public offering of shares of stock is expected to gross Ram Energy Resources up to $50 million.

Net proceeds from the offering will be used to repay outstanding indebtedness and for general corporate purposes. In addition, subject to market conditions, Danish Knights, A Limited Partnership, a principal stockholder of Ram Energy Resources, intends to sell a portion of its shares of common stock of RAME that would result in gross proceeds of $15 million.

The book-running manager for the offering will be RBC Capital Markets.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.



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