How We Started
Ranken Energy Corporation was formed in May 1986, by Randolph L. Coy as a conservative oil and gas exploration and production company. The primary focus of the company is to drill high quality, technically sound prospects and to purchase economically sound, producing properties.
Our History
The company initially focused its exploration, development and acquisition efforts in the oil-rich Mid-Continent area of the United States. From this base, the company expanded operations into other states. Operational bonds and permits were held in Arkansas, Kansas, Oklahoma, Utah, and Texas. Ranken and our associates have vast experience in these geological provinces. We have since, however, divested of the far-flung holdings and concentrated our attention and efforts in a six-county area of Central Oklahoma.
Our Strategy
After operating for more than 37 years, the company has divested itself of all producing properties and is no longer in the operating business. The company is currently searching for the “right partner/operator”, to enter into a drilling joint venture for the purposes of exploiting it’s significant proprietary 3D seismic data base and numerous vertical prospects that have been developed.
Our Performance
With over 350 wells drilled and $274MM of revenue distributed since we established, the company has consistently achieved strong drilling success rates.
Our Commitment
The company will always be a trustworthy partner and will constantly strive to go above and beyond expectations.