rango energy inc (RAGO) Snapshot

Rango Energy Inc. announced that as of 6 am Pacific Time, June 10, 2013, drilling has reached a depth of 5,761 feet on the planned 13,000 foot first well at the Kettleman Middle Dome project. The project covers over 11,300 acres of a producing oil field sandwiched directly between two giant 400+ million barrel fields in the San Joaquin Basin, Central California. The target for well #17-18 is the oil rich McAdams sandstone formation, a 900 to 1,200 foot thick Eocene age reservoir located at a depth of approximately 12,000 feet. The McAdams sandstone has been a prolific producer in the adjacent Kettleman North Dome field, producing at an average of over 2 million barrels per well. Other oil bearing formations that have been mapped directly at the KMD project are the Kreyenhagen Shale, the Vaqueros sandstone and the much-publicized, Monterey Shale. Currently the well is drilling through the renowned Monterey Shale, the top of which was reached at a depth of approximately 5,500 feet. Intermediate casing was successfully set into the Monterey at a depth 5,596 feet and drilling continues within the formation.

To discuss progress at its Kettleman Middle Dome (KMD) project in the San Joaquin Valley

On May 21, 2013, the board of directors of Rango Energy Inc. appointed Harpreet Sangha, the Company's current Chairman, as Chief Executive Officer of the Company, appointed Herminder Rai, the Company's current Chief Financial Officer, as a director of the Company, and appointed Craig Alford as Vice President Exploration and as a director of the Company. On May 27, 2013, the board of directors of the Company accepted the resignation of Charles Paul George as President, Secretary and a director of the board of directors of the Company. Concurrent with the resignation of Mr. George, the board of directors appointed Harpreet Sangha, the Company's current Chairman and Chief Executive Officer, as President and Secretary of the Company.