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RANGER OIL LTD. REPORTS STAFFA NORTH SEA FIELD DEVELOPMENT

 RANGER OIL LTD. REPORTS STAFFA NORTH SEA FIELD DEVELOPMENT
 CALGARY, Alberta, March 2 /PRNewswire/ -- Ranger Oil Ltd. (NYSE: RGO, Toronto, Montreal: RGO) announced the Staffa Oil Field located in the U.K. sector of the North Sea, in Block 3/8b, (Ranger's interest 40 percent), 10 kilometers southeast of the Ninian Field, commenced production on March 1. The field will produce up to 8,000 barrels of oil per day from two sub-sea wells (3,200 barrels net to Ranger).
 All oil and associated gas produced from Staffa will pass through the Chevron U.K.-operated Ninian Southern Platform before being transported via pipeline to the Sullom Voe Terminal in the Shetland Islands.
 Partners in the Staffa Field are:
 Percent
 LASMO North Sea PLC (Operator) 60.0
 Ranger Oil (U.K.) Limited 40.0
 -0- 3/2/92
 /CONTACT: J.G. Faulds, VP of Ranger Oil Ltd., 403-263-1500/
 (RGO) CO: Ranger Oil Ltd. ST: Alberta IN: OIL SU:


JL -- LA027 -- 4088 03/02/92 15:05 EST
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Publication:PR Newswire
Date:Mar 2, 1992
Words:167
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