Rancher Energy Corp. to Present at IPAA Oil & Gas Investment Symposium (OGIS) New York

Market Wire, April, 2008

Rancher Energy Corp. (OTCBB: RNCH) today announced that President & CEO John Works will present to institutional investors at the Independent Petroleum Association of America (IPAA) OGIS New York conference on April 9, 2008, at 3:45 p.m. ET at the Sheraton New York Hotel & Towers in New York City. The presentation will be Webcast live at the following link: http://www.investorcalendar.com/CEPage.asp?ID=127179

IPAA represents thousands of domestic independent oil & natural gas producers and service companies. OGIS New York, one of the many conferences organized by IPAA throughout the year, provides the opportunity for its membership to present their business models to institutional investors. In 2007, OGIS New York was attended by more than 700 buy- and sell-side analysts and portfolio managers, and showcased 100 presenting companies. Further information at www.ipaa.org .

About Rancher Energy Corp.

Rancher Energy is an innovative oil & gas exploration & development company with a targeted strategy to reinvigorate older, historically productive oil fields in the hydrocarbon-rich Rocky Mountain region of the United States. Using CO2 injection coupled with other leading edge hydrocarbon recovery techniques, including 3-D seismic data and directional drilling, Rancher Energy expects to extract proven in-place oil that remains behind in mature fields. Rising energy demand and strong oil & gas prices combined with advances in oil recovery have made this strategy profitable. Rancher Energy is taking advantage of this convergence by acquiring low risk, high quality, historically productive plays with under-exploited reserves and developing customized enhanced recovery strategies to maximize production. For additional information, go to www.rancherenergy.com .

Contacts: Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303-393-7044 John Works Chief Executive Officer Rancher Energy Corp. 303-629-1125