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Rangeford Resources Inc. (RGFR)

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Rangeford Resources Corporation

5215 N. Oconnor Blvd.
.Suite 1820
Irving, Texas 75039

Ph: 970 218-7080
Ph: 406 855-3003

Website: http://www.rangeford-resources.com/

Steven R. Henson President
Suzannah Guthrie Secretary
Gregory Hadley, Director
 

 



Transfer Agent: Island Stock Transfer
Incorporated In: NV, USA
CIK: 0001438035

AS: 75,000,000
OS: 10,459,806
Float: 181,700  a/o Jan. 31, 2013

 

The following information is provided concerning the East Texas oil field. The field has two outstanding features: it's tremendous size, and the simple nature of the geologic trap. The East Texas oil field covers over 132,000 productive acres, and at one time had over 26,000 actively producing wells. Since it's discovery in 1930, the field has produced over 5,110,339,000 barrels of oil and over 501 billion cubic feet of natural gas. The field produced 33,512,688 barrels of oil in 1991, and is expected to produce about 460,000,000 more barrels before being depleted. There are currently about 11,400 active wells, with about 8,000 of those producing.

Form 8K

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8932203


Purchase and Sale Agreement

 

On November 15, 2012, Rangeford Resources, Inc. (the "Company") entered into a Purchase and Sale Agreement (the "Agreement") with Great Northern Energy, Inc. ("GNE") to acquire a substantial non-operating working interest in oil assets in East Texas in consideration for a Purchase Price of $3,900,000 ("Cash Portion") that breaks down into a deposit of $100,000; a Promissory Note in the amount of $1,100,000 bearing 8% interest per annum, which is due and payable in full, twelve months from the date of the Note, with four equal quarterly payments due beginning on closing; a Promissory Note in the amount of $2,700,000, due on June 30, 2014,with initial payment of $1,200,000 due on closing, and secured by the assets being purchased under the Agreement. Both Promissory Notes are secured by a Pledge and Security Agreement that grants a security interest in all of the working interests and options of the Company and any proceeds resulting therefrom to GNE; additional consideration consists of 6,500,000 shares of the Company's common stock, and an additional 3,500,000 shares of common stock is reserved for roll-ups and bonuses.  The properties included under the Operating Agreement, described below, hold over 100 proven undeveloped oil locations and as many rework wells at depths above 3,400 feet, with lifting costs estimated at $13.00/BOE or less on the currently producing wells. 


East Texas Oil Field

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The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (570 km2) and parts of five counties, and having 30,340 historic and active oil wells, it is the second largest oil field in the United States outside of Alaska, and first in total volume of oil recovered since its discovery in 1930.[1] It is a component of the Mid-Continent Oil Province, the huge region of petroleum deposits extending from Kansas to New Mexico to the Gulf of Mexico.

Red counties show the core of East Texas

The field includes parts of Gregg, western Rusk, southern Upshur, southeastern Smith, and northeastern Cherokee counties in the northeastern part of the state. Overall the field is about 45 miles (72 km) long on the north-south axis, and five miles (8 km) across. Interstate 20 cuts across the field from east to west, and the towns of Kilgore, Overton, and Gladewater are on the field. At one time, downtown Kilgore had more than 1,000 active wells clustered in a tight area, making it the densest oil development in the world.[2]


On November 15, 2012, the Company entered into a Premises Use Agreement (the "PUA") with Prism Corporation ("Prism") and GNE for the premises on the 18 th floor of the main building of Williams Square in Las Colinas, Irving, Texas, with an address of 5215 North O'Connor Boulevard, Suite 1820, Irving Texas 75039, for a deposit of $7,500 and first month's rent of $7,244 due in January, 2013, with increases in the rent, contingent upon the useable square footage increase due to a planned build-out, occurring each six months thereafter and until the original lease executed between GNE and Prism expires, or by September 30, 2016.

 

This brief description of the Premises Use Agreement is only a summary of the material terms and is qualified in its entirety by reference to the full text of the form of the Premises Use Agreement as attached to this Current Report on Form 8-K as Exhibit 10.2.
 


Great Northern Energy is headquartered in the Las Colinas complex within the City of Irving, Texas at Williams Square.  For more information about the company please contact us.

5215 N. O'Connor Blvd.
Suite 1820
Las Colinas Complex Williams Square
Irving, Texas 75039


Phone: (406) 855-3003
Email:
joe@gneoil.com
Website: http://gneoil.com/GNEOIL_Contact_Us.html
  Great Northern Energy (GNE) is a Dallas based oil and gas corporation with a focus on the acquisition and development of non-shale assets within the continental United States.  GNE has assembled a significant base of assets and projects.  Currently GNE produces over 300 gross barrels per day in oil and a large amount of natural gas from all projects combined.  In 2012, the company expects to rework and drill wells which will add over 1,000 barrels per day to these total values.  There are over 200 wells in the project operational base in 8 counties.  GNE holds some WI and ORR in most projects it operates.

A list of owners and principal employees is available on request.  GNE fully covers land, legal, engineering, geology and field services with its central employees and staff.  We have a very significant number of field services and resources to supplement all of our activity in drilling and production.  Great Northern Energy is registered as an oil and gas operator with the Texas Railroad Commission. 

GNE has recently acquired 6,000+ acres in Harrison County, Texas with over 200 existing wells for re-completion procedures that will result in 1,000 barrels a day oil production. Shallow oil zones with vast oil reserves for a long production life (2500 ft.)
https://www.linkedin.com/pub/rj-abercrombie/12/777/a39


Bossier Shale, Haynesville Shale Texas
DRILLING REPORT | NOV. 25 TO DEC.1
http://www.tylerpaper.com/pdf/DR%2012092012.pdf

County Operator Lease/Well Field Survey/no Type Depth Location
Harrison Great Northern Energy W.B. Taylor H.12A Longwood (Goodland Lime) Wilson, T.D./778 Oil/Gas 2,500 2 miles West of Waskom
               

DRILLING REPORT | NOV. 18 TO NOV. 24
http://www.tylerpaper.com/pdf/DR%2012022012.pdf

County Operator Lease/Well Field Survey/no Type Depth Location
Harrison Great Northern Energy Cornelius 4 Longwood (Goodland Lime) White, J.L./784 Oil/Gas 2,500 2 miles West of Waskom
Harrison Great Northern Energy W.B. Taylor H. 9A Longwood (Goodland Lime) Wilson, T.D./778 Oil/Gas 2,500 2 miles West of Waskom

DRILLING REPORT | NOV. 11 TO NOV. 17
http://www.tylerpaper.com/pdf/DR%2011252012.pdf

County Operator Lease/Well Field Survey/no Type Depth Location
Harrison Great Northern Energy Cornelius 3 Longwood (Goodland Lime) White, J.L./784 Oil/Gas 2,500 2 miles West of Waskom
               


The drilling report was produced with data from the Texas Railroad Commission, from Nov. 18 to Nov. 24. The following counties were searched: Anderson, Angelina, Camp, Cass, Cherokee,
Dallas, Ellis, Freestone, Gregg, Harrison, Henderson, Houston, Kaufman, Leon, Limestone, Marion, Nacogdoches, Navarro, Panola, Rains, Robertson, Rusk, San Augustine, Shelby,
Smith, Upshur, Van Zandt and Wood. For information aboutthe drilling report contact Business Editor Casey Murphy at cmurphy@tylerpaper.com or 903-596-6289.


Longwood Oil and Gas Field (Oilfield) is located in Latex, Harrison County, TX

Degrees Minutes Seconds: Decimal Degrees:
Latitude: 32°34'4" N Latitude: 32.567780
Longitude: 94°2'23" W Longitude: -94.039720

WASKOM LONGWOOD Oil Field

  • Goodland Lime Development Re-drilling over a 30 mile anticline structure
  • Over 6,000 acres & 100+ infill drilling locations for development
  • Over 2,000 acres on the highest position in the field
  • 2,500 foot average depth
  • 30' - 40' Gross Zone Thickness
  • 16% - 25% Net Porosity
  • 50,000 to 75,000 BOE per well potential in Goodland Lime formation
  • Secondary Shallow Zones:
    • Nacatoch Sands (1,100' Gas)
    • Blossum/Buckrange Sands (1,900' Gas)
  • Louisiana Sweet Crude Price Index for oil sold (WTI + $10-$20)
  • Existing current production on some lease areas with SWD's
  • Oil Reserves: 20,000 -100,000 BOE/Well
  • http://amerexoil.com/oil-natural-gas/acquisition/texas-shallow-oil/






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RGFR
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RGFR News: Current Report Filing (8-k) 07/28/2016 12:19:13 PM
RGFR News: Current Report Filing (8-k) 05/23/2016 05:06:13 PM
RGFR News: Current Report Filing (8-k) 05/19/2016 07:59:28 AM
RGFR News: Current Report Filing (8-k) 05/10/2016 12:15:22 PM
PostSubject
#218   Wasn't Joe Loftis and Nicole, his sidekick asked Greenskeeper 08/16/16 09:30:06 PM
#217   Does anyone know where the GNE Offices are Greenskeeper 07/31/16 03:30:47 PM
#215   If Mr. Duncan was asked to leave Contango thehouse1 07/06/16 08:51:49 AM
#213   Didn't Marc get asked to "leave" Contango...? Regulators-Ride 07/05/16 07:30:46 PM
#212   Indeed. Tom Lindholm has the pedigree to lead Greenskeeper 06/21/16 02:00:16 PM
#211   EXCITED It looks like Tom Lindholm the CEO thehouse1 06/21/16 01:01:26 PM
#210   Oops! I should have read higher up. I Ex Blockman 06/21/16 12:57:44 PM
#209   You exited or you're excited? The great progress Ex Blockman 06/21/16 12:56:39 PM
#208   So excited, I forgot to spell it correctly...Still excited thehouse1 06/21/16 11:52:11 AM
#207   Now I am exited! Did you actually look thehouse1 06/21/16 11:50:44 AM
#206   RGFR ~ Very Slow Moving.......... BBB - Boring Ex Blockman 06/21/16 07:25:13 AM
#205   Another 8K..... Second 8K since last week, along Ex Blockman 05/20/16 12:46:02 AM
#204   Now that is what we were waiting on, thehouse1 05/11/16 11:59:12 AM
#203   Nothing much to share or get excited about Ex Blockman 02/14/16 01:44:10 PM
#202   Nice rebound from this morning's low of .64. Ex Blockman 02/10/16 02:26:42 PM
#201   Another interesting decline yesterday on very low volume. Ex Blockman 01/07/16 09:48:04 PM
#200   Added a few more yesterday, in the .90s-1.10s, Ex Blockman 01/07/16 01:07:01 PM
#199   Adding a few more RGFR today along with Ex Blockman 12/30/15 03:36:53 PM
#198   Added a few more here yesterday and this Ex Blockman 12/29/15 10:20:18 AM
#197   Added quite a few with a friend yesterday Ex Blockman 12/23/15 11:29:45 AM
#196   Can anyone tell me anything about Ace Harold Park? rh8557 12/14/15 04:04:35 PM
#195   I like the looks of this company. Ex Blockman 12/02/15 09:32:48 PM
#194   Hey Doctor Hensley Are you still playing Doctor Regulators-Ride 08/11/15 04:46:09 AM
#193   Could you provide some extra info, do you JimmyFu 07/03/15 09:36:35 PM
#192   8K filed roger wilco 06/11/15 06:51:36 PM
#191   Looks good nice buys friday kkmoney 06/07/15 09:34:02 PM
#190   Well the float is minimal it seems very thin kkmoney 06/04/15 04:39:45 PM
#189   PPS been inching up the past week hmmmm gumzsa 06/04/15 04:09:37 PM
#188   New management coming in imo kkmoney 06/04/15 04:07:13 PM
#187   Wow, FBI has evidence of $50M of charges Greenskeeper 05/22/15 09:37:11 PM
#186   One can find RJ Abercrombie at Arco now! Greenskeeper 05/08/15 08:55:19 PM
#185   Joe Loftis is making headlines! MilltoBill 03/10/15 11:15:43 AM
#184   RGFR = SNRV murmur88 03/09/15 05:16:51 PM
#183   Can you post a click able link of roger wilco 02/09/15 06:26:03 PM
#182   U.S. District Court Northern District of Texas (Dallas) CRIMINAL DOCKET Greenskeeper 02/09/15 05:48:15 PM
#181   Can you post the link???? roger wilco 02/06/15 05:27:49 PM
#180   Well Now. I see that according to Criminal Greenskeeper 02/06/15 05:15:56 PM
#179   Call the FBI - 406-994-0927 MilltoBill 11/28/14 10:26:05 AM
#178   As I am one of the ones who Defrauded 11/26/14 04:31:12 PM
#177   It looks like to me the company wants roger wilco 09/30/14 04:56:56 PM
#176   whats up with all the filings? gumzsa 09/30/14 04:04:48 PM
#175   Can anyone tell me about Steve Nadeau?? I black joe 09/17/14 07:54:52 PM
#171   Joe, put down your crack pipe and either Greenskeeper 09/04/14 09:20:05 PM
#170   RGFRtruth......... wow. And we all thought the rgfrtruth 09/03/14 10:33:33 AM
#169   I can see now that you are nothing Greenskeeper 08/28/14 07:52:29 PM
#168   RGFR TRUTH......... oh, we have. Apparently you ve rgfrtruth 08/27/14 11:28:45 AM
#167   Your repetitive lies don't carry any authority. Please Greenskeeper 08/25/14 01:38:22 PM
#166   RGFR TRUTH........ wow. Quiet as a tomb. rgfrtruth 08/25/14 11:15:11 AM
#165   Don't let this litte guys view of waycokid 08/04/14 06:39:09 PM
#164   "GUMZA or GREENSKEEPER or one of the other gumzsa 08/04/14 05:47:24 PM
PostSubject