Ranken Energy Corp.

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Description

Ranken Energy Corp. is offering for sale its Paoli North Field in McClain County, Oklahoma, in a self-marketed package. The package includes 100% interest (78% net revenue interest) in 1,052 acres in sections 27, 28, 33 and 34-5N-1W. Production is 350 barrels of oil and 535,000 cubic feet of gas per day from six producing wells targeting the Bromide, Trenton and Gibson sands and Viola limestone. Upside includes 11 proved undeveloped locations, five proved developed nonproducing zones behind pipe and 10 probable locations. Contact Charles Brown, 405-340-2363.