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Wright Reports > Company Profile Report > R > Rancher Energy Corp.

Rancher Energy Corp. - Company Profile Snapshot

Company Profile: Rancher Energy Corp.
Ticker: RNCH
Exchanges: OTC
2008 Sales: 6,344,400
Major Industry: Oil, Gas, Coal & Related Services
Sub Industry: Oil Refiners & Distributors
Country: UNITED STATES
Employees: 16

Business Description
Rancher Energy Corp.. The Group's principal activity is that of an oil and gas exploration and development company with a strategy to reinvigorate older, historically productive oil fields in the hydrocarbon-rich Rocky Mountain region of the United States. It intends to increase production in its oilfields by using CO2 injection coupled with hydrocarbon recovery techniques, including 3-D seismic data and directional drilling. The Group currently operates three fields in the Powder River Basin: the South Glenrock B Field, the Big Muddy Field and the Cole Creek South Field.

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