RANGER ENERGY LTD. (the "Corporation") (TSX VENTURE:RGG) announces that,
pursuant to TSX Venture Exchange (the "Exchange") Policy 2.5, effective
September 18, 2009, the Corporation will be transferred to the NEX Board of the
Exchange from Tier 2 of the Exchange (the "Transfer").


The Transfer occurred because the Corporation has disposed of its assets in
Chile and the Corporation is unable to demonstrate that it meets Exchange Tier 2
listing requirements. As of September 18, 2009, the Corporation is subject to
restrictions on share issuances and certain types of payments as set out in NEX
policies.


The trading symbol for the Corporation has changed from RGG to RGG.H.

The Corporation as received all required approvals in regard to the sale of all
of the issued and outstanding securities of March South America Holdings Ltd.
("March South America"). March South America was a wholly owned subsidiary of
the Corporation, which held the Special Operations Contracts with the Chilean
government for the exploration of the Pica North and Pica South blocks in
northern Chile.


The Corporation's management has begun to evaluate potential international
resource opportunities.


Trading in the securities of the Corporation should be considered highly
speculative.


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