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Rancher Energy Corp. (RNCH.OB) – Oil Price Projections Increased

Rancher Energy engages in the development, production and marketing of oil and gas in North America. The company has successfully acquired five oil and gas fields with a history of production and significant potential for the future.

Just minutes ago, Yahoo news published a story on the rising Oil prices. Projections of gasoline prices increased nearly 4.3 cents to $1.925 a gallon. Phil Flynn of Alaron Trading Corp. stated that gas is recovering and continued to say the overall buying in commodities is supporting oil prices.

Rancher Energy has experienced management including outstanding expectations for the oil fields they have acquired. They are expected to quickly convert these assets to profits for the company and the investors.

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