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Published on 12/15/2008 in the Prospect News Special Situations Daily.

RAM Energy investor buys more than 800,000 shares

By Lisa Kerner

Charlotte, N.C., Dec. 15 - RAM Energy Resources, Inc. investors led by Jefferies & Co., Inc. reported the purchase of 803,073 shares between Dec. 1 and Dec. 9 at weighted average prices of between $0.73 and $0.8981 per share, according to a schedule 13D/A filed with the Securities and Exchange Commission.

The investors bought 1,072,818 shares between Nov. 21 and Nov. 25, a prior SEC filing said.

Jefferies beneficially owns 17,124,998 shares, or 21.8%, of the Tulsa, Okla.-based independent energy company.


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