Rango Energy Provides Update on the Drilling Operations on its Kettleman Middle Dome Project in California

Rango Energy Provides Update on the Drilling Operations on its Kettleman Middle 
Dome Project in California 
DALLAS, TEXAS -- (Marketwired) -- 07/10/13 -- Rango Energy, Inc.
(OTCBB:RAGO), an oil and gas development company, is pleased to
announce drilling has reached a depth of 8,556 feet on the planned
13,000 ft. first well at the Kettleman Middle Dome (KMD) project.  
Drilling is currently turning through the Temblor Sands that lay
directly underneath the Monterey Shale. The drilling has recently
passed through a 1,750 foot thick section of the Monterey Shale and
will pass through the Temblor Sands, the Vaqueros sandstone, and the
Kreyenhagen Shale before reaching the McAdams formation at
approximately 12,000 feet.  
The McAdams sandstone has been a prolific producer in the adjacent
Coalinga and Kettleman North Dome, with over 300 wells producing at
an average of over 2.7 MMBOE (million barrels equivalent) per well.  
Within the North Dome both the Temblor Sands and the Vaqueros
sandstones were also prolific oil and gas formations. In 1928 the
first production from the Temblor within the Kettleman North Dome
generated Initial Production (IP) rates of 3,670 barrels per day of
oil and 80 million cubic feet of gas. The discovery well for the
Vaqueros sandstone at the North Dome occurred ten years later in 1938
and had IP rates of 560 barrels per day and 880 thousand cubic feet
of gas.  
Currently Occidental Petroleum has targeted the Kreyenhagen Shale for
production in the Kettleman Middle Dome area.  
Craig Alford, PGeol., and Vice President of Rango Energy, commented,
"We are amazed at the potential of the Kettleman Middle Dome. Apart
from our target, the McAdams sandstone, there are a minimum of four
other oil and gas bearing horizons that could be put into production
by Rango at this site." 
About Rango Energy  
Rango Energy, Inc. is an exploration stage oil and natural gas
company with a strategy to identify, evaluate, explore, and develop
new opportunities for oil and natural gas production across North
America. 
Safe Harbor Statements  
Certain information contained in this news release constitutes
"forward-looking statements" as such term is used in applicable
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Forward-looking statements are based on the opinions and estimates of
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Company's ability to control or predict. Important factors that may
cause actual results to differ materially and that could impact the
Company and the statements contained in this news release can be
found in the Company's filings with the SEC. Such risks and other
factors include, among others, the ability to locate and acquire
suitable interests in oil and gas properties on terms acceptable to
the Company, the availability of financing on acceptable terms,
accidents, labor disputes, acts of God and other risks of the oil and
gas industry including, without limitation, risk of liability under
environmental protection legislation, delays in obtaining
governmental approvals or permits, title disputes or claims
limitations on insurance coverage. The Company believes that the
expectations reflected in the forward-looking statements included in
this news release are reasonable; however, no assurance can be given
that these expectations will prove to be correct, and such
forward-looking statements should not be unduly relied upon. The
Company assumes no obligation to update or supplement any
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future events or otherwise.
Contacts:
Rango Energy Inc.
Toll Free:  1 (888) 224-6039
info@rangoenergy.com
www.rangoenergy.com
 
 
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