greata find mate... this is a very interesting development I wonder how many old wells this company has access to.
About Rancher Energy Corp.
Rancher Energy is an innovative oil and gas exploration and development company with a targeted strategy to reinvigorate older, historically productive oil fields in the hydrocarbon-rich Rocky Mountain region of the United States. Using waterflood injection and CO2 flooding, coupled with other leading edge hydrocarbon recovery techniques such as 3-D seismic data and directional drilling, Rancher Energy expects to extract proven in-place oil that remains behind in mature fields. Rising energy demand and strong oil and gas prices combined with advances in oil recovery have made this strategy profitable. Rancher Energy took advantage of this convergence by acquiring low risk, high quality, historically productive plays with under-exploited reserves and developing customized enhanced recovery strategies to maximize production.
taken from http://investorshub.advfn.com/boards/board.aspx?board_id=8695
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