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Hi Everyone & Welcome New Subscribers,
Our profiled pick Rango Energy, Inc., RAGO, closed up 2.78% yesterday, above the 50 day moving average for the second day in a row, and now appears to be establishing support for a reversal past .40c.
RAGO is an independent energy company engaged in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas in the United States.
RAGO recently entered into an agreement with Hangtown Energy, whereby it will provide the funding for 100% of a 6 well initial development program into three exciting project areas in Central and Southern California, namely the Kettleman Middle Dome ("KMD") where the Company is currently drilling and expects results to be delivered VERY soon!
An adjacent property, the Kettleman North Dome, has been owned and operated by major oil producer Chevron since 2008.
If drill results are as positive as anticipated, could RAGO turn into a buyout target?
It's been three weeks since we've heard anything from RAGO , so it makes sense that we have seen some consolidation after a couple 100% move, but that could all change very soon!
RAGO's KMD project covers over 11,000 acres of a producing oil field sandwiched directly between two giant 400 plus million barrel fields in the San Joaquin Basin, Central California.
According to this corporate PDF presentation on RAGO’s website, the KMD project has an estimated gross revenue potential of more than $2B dollars alone!
RAGO's website has a wealth of information that really gives insight to the integrity of the Kettleman Middle Dome project.
View the entire Kettleman Middle Dome Project Gallery, HERE!
As the days go by, RAGO is closer and closer to a potential massive oil and gas discovery, where investors who place their bets early could double or triple their money!
We expect this to be one of the biggest months RAGO has had yet!
RAGO is on HIGH ALERT today!
If shares close above .40c over the next few days, we could see a big move past new highs.
Keep RAGO on top of your list!
Sincerely,
The TodaysPickis.com Team
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