Rango Energy, Inc. : Rango Energy, Inc. : Rango Energy Provides Update on the
Drilling Operations on its Kettleman Middle Dome Project in California
Dallas, Texas July 10, 2013 - 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.
For further information please contact:
Rango Energy Inc.
Toll Free: 1 (888) 224-6039
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