(405) 340-2363 info@ranken-energy.com

The Ranken Energy Team

Est. 1986

Ranken Energy Corporation was formed in June 1986, by Randolph L. Coy as a conservative oil and gas exploration and production company.  The primary focus of the company was to develop and drill high quality, technically sound prospects.

This was accomplished as evidenced by 37 years as a successful, small, independent oil and gas company, but it is time to move on. To that end, we are getting out of operations but will remain active with about 100 premier, seismically defined, vertical well prospects in south central Oklahoma to offer operators.

Our History

The company has focused its exploration, development and acquisition efforts in the oil-rich Mid-Continent area of the United States.  Ranken and our associates have vast experience in this geological province. The average experience of each associate is 40 years or greater.

We have  concentrated our attention and efforts using our proprietary 3D seismic data in a four-county area of Central Oklahoma. Since 2001 we have drilled over 185 wells and we distributed in excess of $274 million net of severance taxes to our owners. With our recently acquired 3D seismic database of 324 square miles we have over 100 premier prospects yet to be drilled. 

Randolph L. Coy

President

Randy Coy graduated from Wright State University with a degree in Geology. His first job in the oil industry was in Midland, Texas as a Computer on a GSI seismograph crew.  Exxon hired him after his arrival in Midland, where he was cross-trained as a geophysicist and moved to Oklahoma City in that capacity in 1980.  During his tenure with Exxon he also studied Oil and Gas Production Economics and Risk Analysis under R. K. Megill (noted authority and author of several texts on the subject). Randy has put that training to good use in the years since.  He was recruited to Energy Reserves Group (ERG) in 1981 where he became Exploration Manager of the Oklahoma City office.  When BHP acquired ERG he was retained as Mid-Continent Exploration Manager.

In 1986, BHP decided to abandon the mid-continent as an exploration province, Randy elected to start Ranken Energy in lieu of transferring to Houston. This decision also realized his desire to be in business for himself.  In spite of the difficult market of the years since founding the company, Mr. Coy has managed to steadily increase the company’s reserves and enjoys a stellar reputation for honesty and fair play.

Karen Kuntz

General Manager

Karen has the most tenure of any of our staff members. At one time or another, she has handled each of Ranken’s daily office responsibilities. Those experiences prepared her to uniquely organize our office operations and implement numerous efficiencies to our operations as we grew.
As General Manager she oversees every aspect of office operations; a daunting task considering the number of wells we drill. (Up to 30 during some years.)

Gene Duncan

Gene Duncan Consulting Inc.

Engineering & Drilling Consultants

Gene Duncan, Inc. represents over 35 years experience as drilling and engineering specialist. Gene Duncan personally began with Fenix and Scisson while still in college at Central State University in Edmond, Oklahoma. He became senior drilling foreman for Donald C. Slawson Oil Producers and later a drilling foreman for Conoco where he completed the Conoco Drilling Supervisor Training Program.
Besides oil and gas drilling in every major basin in the Western US, Gene has drilled large diameter bores for underground nuclear testing operations, bores for geothermal energy production, and he has been a drilling systems design manager for Christensen Diamond Products.

Charles Brown

Marketing Consultant

Charles is a graduate electrical engineer with over forty years professional experience in the oil and gas industry. His original training was as a geophysical instrumentation engineer and geophysicist for Texaco at the time digital recording of seismic data was being introduced to the industry.
During his career, he has been a company owner and vice president of three companies. Having tried retirement, he elects to remain active in the business.
Mr. Brown is an Emeritus Member of the Society of Exploration Geophysicists and Honorary Life Member of the Oklahoma City Geophysical Society.

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