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Tanager Successfully Completes Third Polk County Well, Ranger A #1

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Tanager Successfully Completes Third Polk County Well, Ranger A #1

[Summary: Tanager announces completion of Ranger A #1 well, with depth of 3,800 feet. Flow testing will be done in th next few weeks.]

Tanager Energy Inc. is pleased to announce the completion of drilling activities, logging and open hole testing of its Ranger A #1 well. Tanager confirms that its Ranger A #1 well has been drilled to a total measured depth of 3,800 feet and will now be completed. Data from electronic logs, sidewall cores and formation tests confirm that the well has over 40 feet of net pay in a single Yegua sandstone. A workover rig will be contracted to undertake completion and flow testing operations within the next few weeks. A further update will be made once testing operations have been completed.

Tom M. Crain, Jr., interim CEO of Tanager, stated, “I am extremely…

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