Ram Energy Resources Inc., Tulsa, Okla., (Nasdaq: RAME) has closed its acquisition of assets in southeastern New Mexico and West Texas from privately held Layton Enterprises Inc., Lubbock, Texas, for $18.5 million. The assets consist of 100% working interest in 120 wells. Net production is 232 barrels of oil and 290,000 cubic feet of gas per day. Ram is the operator.

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