UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-K

              ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURUTIES EXCHANGE ACT OF 1934

                   For the fiscal year ended December 31, 2011

                        Commission file number 000-53253

                               RANGO ENERGY, INC.
             (Exact Name of Registrant as Specified in Its Charter)

            Nevada                                               20-8387017
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

                               213 E Arkansas Ave
                              Vivian, LA 71082, USA
               (Address of Principal Executive Offices & Zip Code)

                                  318-734-4737
                               (Telephone Number)

           Securities registered pursuant to Section 12(b) of the Act:
                                      None

           Securities registered pursuant to section 12(g) of the Act:
                          Common Stock, $.001 par value

Indicate by check mark if the  registrant is a well-known  seasoned  issuer,  as
defined in Rule 405 of the Securities Act. Yes [ ] No [X]

Indicate  by  check  mark if the  registrant  is not  required  to file  reports
pursuant to Section 13 or Section 15(d) of the Act Yes [ ] No [X]

Indicate by check mark whether the registrant has submitted  electronically  and
posted on its corporate Web site, if any, every  Interactive  Data File required
to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of
this chapter)  during the  preceding 12 months (or for such shorter  period that
the registrant was required to submit and post such files). YES [X] NO [ ]

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K is not contained  herein,  and will not be contained,  to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]

Indicate by check mark whether the registrant is a large  accelerated  filer, an
accelerated filer, a non-accelerated  filer, or a smaller reporting company. See
the definitions of "large accelerated  filer,"  "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Non-accelerated filer [ ]                          Accelerated filer [ ]
Large accelerated filer [ ]                        Smaller reporting company [X]
(Do not check if a smaller reporting company)

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

The aggregate  market value of the voting and  non-voting  common equity held by
non-affiliates  of the registrant on June 30, 2011, based on a closing price was
approximately  $70,755  (computed by reference to the last sale price of a share
of the  registrant's  common  stock on that  date as  reported  by OTC  Bulletin
Board).

As of May 10, 2012, the  registrant had 1,088,543  shares of common stock issued
and outstanding.
<PAGE>
                               RANGO ENERGY, INC.
                          (FORMERLY AVRO ENERGY, INC.)
                                TABLE OF CONTENTS

Item 1.  Business............................................................. 3

Item 1A. Risk Factors......................................................... 7

Item 2.  Properties...........................................................14

Item 3.  Legal Proceedings....................................................14

Item 4.  Submission of Matters to a Vote of Security Holders..................14

Item 5.  Market for Common Equity and Related Stockholder Matters.............14

Item 7.  Management's Discussion and Analysis of Financial Condition and
         Results of Operations................................................15

Item 8.  Financial Statements.................................................17

Item 9.  Changes in and Disagreements with Accountants on Financial
         Disclosure...........................................................31

Item 9A. Controls and Procedures..............................................31

Item 10. Directors, Executive Officers and Control Persons....................32

Item 11. Executive Compensation...............................................34

Item 12. Security Ownership of Certain Beneficial Owners and Management.......34

Item 13. Certain Relationships and Related Transactions.......................35

Item 14. Principal Accounting Fees and Services...............................36

Item 15. Exhibits.............................................................36

Signatures....................................................................37

                                       2
<PAGE>
                                     PART I

ITEM 1. BUSINESS

SUMMARY

COMPANY OVERVIEW

Rango Energy, Inc. (formerly Avro Energy, Inc.) (hereinafter  referred to as the
"Company")  was   incorporated  on  January  31,  2007  by  filing  Articles  of
Incorporation  with the Nevada Secretary of State. The Company is engaged in the
acquisition,  exploration  and  development of oil and natural gas properties in
North America, with current properties in the ArkLaTex region. The company seeks
to develop low risk  opportunities  by itself or with joint venture  partners in
the oil and natural gas sectors.

The Company  filed its articles of  incorporation  with the Nevada  Secretary of
State on January 31, 2007,  indicating Mike P. Kurtanjek as its Director and its
President and sole  executive  officer.  Mr.  Michael  Heenan was appointed as a
Director of the Company on June 1, 2007. Ms. Marilyn Woodruff was appointed as a
Director of the Company on June 1, 2007. Ms.  Woodruff was also appointed as the
Secretary for the Company  effective June 1, 2007. On June 11, 2008 Ms. Woodruff
resigned as Secretary  and Director  and Mr.  Donny  Fitzgerald  replaced her as
Secretary and Director.  On March 3, 2011 Mike P. Kurtanjek resigned as Director
and President and Mr. Donny Fitzgerald replaced him as President.

On  January  31,  2007  (inception),  the  Company  issued  500,000  (25,000,000
pre-reverse  split)  founders'  shares for $86,250.  On  September 1, 2007,  the
Company issued 5,280 (264,000  pre-reverse split) shares for $66,000. On October
1, 2007,  the  Company  issued  3,731  (186,560  pre-reverse  split)  shares for
$46,640.  On May 31, 2010,  the Company  issued  20,000  (1,000,000  pre-reverse
split) Units at a price of $0.25 per Unit for total  proceeds of $250,000.  Each
Unit issued consisted of one restricted  pre-reverse  split common share and one
half  pre-reverse  split share purchase  warrant.  Two half warrants  entitles a
Subscriber  to  acquire  one  restricted  pre-reverse  split  common  share at a
purchase  price of $0.50 per  Share  for a period of 18 months  from the date of
issue. On July 8, 2010 the company issued 22,500 (1,125,000  pre-reverse  split)
restricted  shares at par for a total proceeds of $1,125. On September 13, 2010,
the  company  entered  agreements  to  convert  various  outstanding  loans into
restricted  shares of the Company.  The total amount owing to its  creditors was
$390,048, and each agreed to the issuance of restricted shares of the Company to
settle this outstanding  debt. As a result,  the Company agreed to issue a total
of 260,032 (13,001,600  pre-reverse split) shares in settlement of this debt, or
at a price of $0.03 per  pre-reverse  split  share.  The total fair value of the
shares was $650,080 based on the closing price resulting in a loss of settlement
of debt of $260,032.

On March 3, 2011, the Company pursuant to an SEC order cancelled 3,000 (150,000)
pre-reverse  split  shares of common  stock,  and  pursuant  to  non-performance
cancelled 20,000 (1,000,000 pre-reverse split) shares of common stock. On August
23, 2011, the Company issued 300,000  (15,000,000  pre-reverse  split) shares to
Donny  Fitzgerald for services  valued at fair market value which was $75,000 at
the time of issue.

On May 24, 2011 the Company entered into a Farm-Out Agreement with First Pacific
Oil and Gas Ltd.  ("First  Pacific").  Under this  Agreement  First  Pacific has
acquired the right to earn 50% of the Company's working interest in its existing
12 hydrocarbon  wells located in Southern  Arkansas.  Under this Agreement First
Pacific paid the Company  $50,000 within 21 days of the Agreement date; will pay
$200,000  within 45 days of the  Agreement  date;  and will pay  $800,000  on or
before 6 months of the  Agreement  date.  The  initial  $250,000  has been paid,
however the $800,000 has been delayed by mutual verbal  agreement until June 30,
2012.  The $250,000  received  from First  Pacific has been recorded as deferred

                                       3
<PAGE>
gain. None of the twelve wells are currently producing. The Company title to 50%
ownership  does not vest with  First  Pacific  until the  Company  receives  the
$800,000.

On June 30,  2011,  the Company  entered  into an  Agreement  with Fredco LLC of
Hosston, Louisiana, to sell Fredco LLC the Herrings Lease, and the Muslow Lease,
for  $33,000  and has  the  option  to  retain  a 20%  working  interest  in the
respective wells.

We are planning to use the First Pacific  funds to  recomplete  the company's 12
wells on the Arkansas Leasse.

HOSS HOLMES LEASE

On August 26,  2009,  the  Company  entered  into an  agreement  to acquire  for
$100,000 the Hoss Holmes Lease located near Hosston, Louisiana, from Fredco LLC,
a Louisiana private oil and gas operator.  The company closed the acquisition of
the property on September 30, 2009.

On February 23, 2010 the company divested the assets being the Hoss Holmes, near
Hosston Louisiana for $60,000.

HERRINGS LEASE

On August 10, 2009, the Companyentered  into an agreement to acquire various oil
leases near Hosston,  Louisiana,  from S.A.M., a Louisiana private  partnership,
and private oil and gas operator.  Under the terms of the agreement, the Company
has agreed to pay a total of ten dollars ($10) plus a one-fifth royalty interest
in exchange for the exclusive grant, lease, and let of the following oil and gas
leases:

One,  Two,  Three  and Four  (1-4)  inclusive,  Block  One (1) Town of  Hosston,
together  with all  abandoned  alleyways  and  streets  insofar as it covers and
affects the surface of the earth and the base of the Nacatosh Formation together
with wells being Herring No. 1, Serial No 184124,  and Herring No. 2, Serial No.
184735.

On June 30, 3011, the Company divested the assets under the aforementioned  sale
to  Fredco  LLC and has the  option  to  retain a 20%  royalty  interest  in the
respective wells.

MUSLOW LEASE

On September 9, 2009,  the Company  entered into an agreement  and acquires four
oil and gas  leases  in Caddo  Parish,  Louisiana,  from a  private  oil and gas
operator for $70,000.  The first three leases are the Muslow A, B, and C Leases,
which in total  comprise  of 8 wells  and  equipment,  of which 2 are  currently
producing.  The fourth  lease is the Caddo Levee Board Lease,  comprising  of 13
wells and equipment, of which 4 are currently producing.

On June 30, 3011, the Company divested the assets under the aforementioned  sale
to  Fredco  LLC and has the  option  to  retain a 20%  royalty  interest  in the
respective wells.

ARKANSA LEASE

On October 24,  2009 the Company  signed a letter  agreement  to acquire  eleven
producible deep oil wells north of Hosston, Louisiana, and in Southern Arkansas.
Seven of these wells are in production.  The deepest of these wells produce from
the Smackover formation at 7800 feet. Four other wells are capable of production
after work over operation has been  completed.  Also included with the agreement
are three disposal wells.

                                       4
<PAGE>
The terms of this  agreement  allowed the Company to pay $385,000,  over a seven
month period,  with the first payment of $50,000 paid on November 24, 2009.  The
terms of the  agreement  allow the Company to receive  production  starting from
November 1, 2009. On June 30, 2010 the last payment to complete the purchase for
this property was made.

On May 24, 2011,  the Company  entered  into the  aforementioned  First  Pacific
farm-in to fully develop these  properties.  Under this Agreement  First Pacific
has  acquired  the right to earn 50% of the  Company's  working  interest in its
existing 12 hydrocarbon wells located in Southern Arkansas. Under this Agreement
First Pacific paid the Company  $50,000  within 21 days of the  Agreement  date;
will pay $200,000 within 45 days of the Agreement date; and will pay $800,000 on
or before 6 months of the Agreement  date.  The initial  $250,000 has been paid,
however the $800,000 has been delayed by mutual verbal  agreement until June 30,
2012.  The $250,000  received  from First  Pacific has been recorded as deferred
gain. None of the twelve wells are currently producing. The Company title to 50%
ownership  does not vest with  First  Pacific  until the  Company  receives  the
$800,000.

The  Company  plan is to use the  proceed  received  to get the wells  ready for
production through pipe well logging, perforating zones of interest one interval
at a time, as well as place down hole electrical pumps.

BANKRUPTCY OR SIMILAR PROCEEDINGS

We  have  not  been  the  subject  of  a  bankruptcy,  receivership  or  similar
proceedings.

COMPETITION AND MARKETS

We face  competition  from other oil and natural gas companies in all aspects of
our business,  including acquisition of producing properties and oil and natural
gas leases,  marketing of oil and natural gas, and obtaining goods, services and
labor.  Many of our competitors  have  substantially  larger financial and other
resources  than we have.  Factors  that affect our ability to acquire  producing
properties  include  available funds,  available  information  about prospective
properties and our limited number of employees.

The  availability  of a  ready  market  for and the  price  of any  hydrocarbons
produced  will  depend on many  factors  beyond our control  including,  but not
limited  to, the amount of  domestic  production  and imports of foreign oil and
liquefied  natural gas, the marketing of  competitive  fuels,  the proximity and
capacity of natural gas pipelines,  the availability of transportation and other
market facilities, the demand for hydrocarbons,  the effect of federal and state
regulation of allowable rates of production,  taxation,  the conduct of drilling
operations and federal regulation of natural gas. All of these factors, together
with economic  factors in the marketing  arena,  generally  affect the supply of
and/or demand for oil and natural gas and thus the prices available for sales of
oil and natural gas.

REGULATORY CONSIDERATIONS

Proposals  and  proceedings  that  might  affect  the oil and gas  industry  are
periodically  presented to Congress,  the Federal Energy  Regulatory  Commission
("FERC"),  the Minerals  Management  Service  ("MMS"),  state  legislatures  and
commissions and the courts. We cannot predict when or whether any such proposals
may become effective. This industry is heavily regulated.  There is no assurance
that the regulatory approach currently pursued by various agencies will continue
indefinitely.  Notwithstanding the foregoing, except for the water quality issue
described  below,  we currently do not anticipate  that compliance with existing
federal,  state and local laws, rules and  regulations,  will have a material or
significantly  adverse  effect  upon  our  capital  expenditures,   earnings  or
competitive  position.  No  material  portion  of our  business  is  subject  to
renegotiation  of profits or  termination  of contracts or  subcontracts  at the
election of the federal government.

                                       5
<PAGE>
Our operations are subject to various types of regulation at the federal,  state
and local levels. This regulation includes requiring permits for drilling wells,
maintaining  bonding  requirements  in  order  to drill  or  operate  wells  and
regulating the location of wells,  the method of drilling and casing wells,  the
surface use and  restoration  of  properties  upon which wells are drilled,  the
plugging and abandoning of wells and the disposal of fluids used or generated in
connection  with  operations.   Our  operations  are  also  subject  to  various
conservation  laws and regulations.  These include the regulation of the size of
drilling and spacing units or proration units and the density of wells which may
be drilled and the unitization or pooling of oil and natural gas properties.  In
addition,   state  conservation  laws  sometimes   establish  maximum  rates  of
production  from oil and natural gas wells,  generally  prohibit  the venting or
flaring of natural gas and impose certain requirements  regarding the ratability
of production.  The effect of these  regulations may limit the amount of oil and
natural  gas we can  produce  from our wells in a given  state and may limit the
number of wells or the locations at which we can drill.

Currently, there are no federal, state or local laws that regulate the price for
our sales of natural gas, natural gas liquids, crude oil or condensate. However,
the rates charged and terms and conditions for the movement of gas in interstate
commerce  through  certain  intrastate  pipelines and  production  area hubs are
subject to  regulation  under the  Natural  Gas Policy Act of 1978,  as amended.
Pipeline and hub construction  activities are, to a limited extent, also subject
to  regulations  under the  Natural  Gas Act of 1938,  as  amended.  While these
controls do not apply directly to us, their effect on natural gas markets can be
significant in terms of competition and cost of transportation  services,  which
in turn can have a substantial  impact on our  profitability  and costs of doing
business. Additional proposals and proceedings that might affect the natural gas
and crude oil extraction  industry are considered from time to time by Congress,
FERC, state regulatory  bodies and the courts.  We cannot predict when or if any
such  proposals  might  become  effective  and  their  effect,  if  any,  on our
operations.  We do not believe  that we will be affected by any action  taken in
any materially different respect from other crude oil and natural gas producers,
gatherers and marketers with whom we compete.

State  regulation of gathering  facilities  generally  includes  various safety,
environmental and in some  circumstances,  nondiscriminatory  take requirements.
This regulation has not generally been applied  against  producers and gatherers
of natural gas to the same extent as processors,  although natural gas gathering
may receive greater regulatory scrutiny in the future.

Various federal, state and local laws regulating the discharge of materials into
the  environment,  or otherwise  relating to the protection of the  environment,
directly  impact oil and natural gas  exploration,  development  and  production
operations,  and  consequently  may  impact  our  operations  and  costs.  These
regulations  include,   among  others,  (i)  regulations  by  the  Environmental
Protection Agency ("EPA"), and various state agencies regarding approved methods
of  disposal  for  certain   hazardous  and  non-hazardous   wastes;   (ii)  the
Comprehensive  Environmental  Response,  Compensation  and  Liability  Act,  and
analogous  state laws,  which  regulate the removal or remediation of previously
disposed  wastes  (including  wastes  disposed of or released by prior owners or
operators),  property contamination (including groundwater  contamination),  and
remedial plugging  operations to prevent future  contamination;  (iii) the Clean
Air Act and comparable state and local  requirements,  which may require certain
pollution  controls with respect to air emissions from our operations;  (iv) the
Oil Pollution Act of 1990, which contains numerous  requirements relating to the
prevention of and response to oil spills into waters of the United  States;  (v)
the Resource  Conservation  and Recovery  Act,  which is the  principal  federal
statute governing the treatment, storage and disposal of hazardous wastes.

To date, compliance with environmental laws and regulations has not required the
expenditure  of any  material  amount of  money.  Since  environmental  laws and
regulations are periodically amended, we are unable to predict the ultimate cost
of compliance.  To our knowledge,  other than the potential  water quality issue
described  above,   there  are  currently  no  material  adverse   environmental
conditions  that  exist on any of our  properties  and there are no  current  or

                                       6
<PAGE>
threatened  actions or claims by any local,  state or federal agency,  or by any
private landowner against us pertaining to such a condition. Further, we are not
aware of any currently  existing condition or circumstance that may give rise to
such actions or claims in the future.

EMPLOYEES

The Company  appointed  Donny  Fitzgerald as director and  consultant in 2011 to
work on  operation  in the  Louisiana  and  Arkansas  area.  Any  other  work is
performed by contractors as required by the company. During 2011, Mr. Fitzgerald
was paid 15,000,000  shares for services  rendered which was valued based on the
fair market value of $0.005 on the date of grant.

RESEARCH AND DEVELOPMENT EXPENDITURES

We have  not  incurred  any  research  or  development  expenditures  since  our
incorporation.

PATENTS AND TRADEMARKS

We do not own, either legally or beneficially, any patents or trademarks.

REPORTS TO SECURITIES HOLDERS

We provide an annual report that includes audited  financial  information to our
shareholders.  We will make our financial  information  equally available to any
interested  parties or investors through compliance with the disclosure rules of
Regulation S-K for a small business issuer under the Securities  Exchange Act of
1934. We are subject to disclosure filing requirements including filing Form 10K
annually and Form 10Q  quarterly.  In  addition,  we will file Form 8K and other
proxy and information statements from time to time as required. We do not intend
to  voluntarily  file the above reports in the event that our obligation to file
such reports is suspended  under the Exchange  Act. The public may read and copy
any materials that we file with the Securities and Exchange Commission, ("SEC"),
at the SEC's Public Reference Room at 100 F Street NE, Washington, DC 20549. The
public may obtain  information on the operation of the Public  Reference Room by
calling  the  SEC  at  1-800-SEC-0330.   The  SEC  maintains  an  Internet  site
(http://www.sec.gov)  that contains reports,  proxy and information  statements,
and other information regarding issuers that file electronically with the SEC.

ITEM 1A. RISK FACTORS

WE ARE IN THE OIL  BUSINESS  AND WE EXPECT  TO INCUR  OPERATING  LOSSES  FOR THE
FORESEEABLE FUTURE.

We were incorporated on January 31, 2007 and to date have recently been involved
in the organizational  activities, and acquisition of our claims. We have no way
to evaluate the likelihood that our business will be successful.  We have earned
minimal  revenues  as of the date of this  annual  report.  Potential  investors
should  be  aware  of  the  difficulties  normally  encountered  by  exploration
companies and the high rate of failure of such  enterprises.  The  likelihood of
success must be  considered in light of the  problems,  expenses,  difficulties,
complications  and delays  encountered in connection  with the  exploration  and
development  of the  properties  that  we  plan to  undertake.  These  potential
problems  include,  but are not limited to,  unanticipated  problems relating to
exploration,   and  additional  costs  and  expenses  that  may  exceed  current
estimates.  Prior to completion of our exploration  stage, we anticipate that we
will incur increased operating expenses without greatly increasing our revenues.
We expect to incur significant losses into the foreseeable  future. We recognize
that if production is not forthcoming,  we will not be able to continue business

                                       7
<PAGE>
operations.  There is no  history  upon which to base any  assumption  as to the
likelihood  that we  will  prove  successful,  and it is  doubtful  that we will
generate  significant  revenues  to  achieve  profitable  operations.  If we are
unsuccessful in addressing these risks, our business will most likely fail.

WE HAVE YET TO EARN SIGNIFICANT REVENUE TO ACHIEVE PROFITABILITY AND OUR ABILITY
TO SUSTAIN  OUR  OPERATIONS  IS  DEPENDENT  ON OUR  ABILITY TO RAISE  ADDITIONAL
FINANCING  TO COMPLETE OUR PROGRAM IF  WARRANTED.  AS A RESULT,  OUR  ACCOUNTANT
BELIEVES  THERE IS  SUBSTANTIAL  DOUBT  ABOUT OUR ABILITY TO CONTINUE AS A GOING
CONCERN.

We have  accrued  accumulated  net  losses of  $1,498,219  for the  period  from
inception (January 31, 2007) to December 31, 2011, and have revenues of $365,316
to date. Our future is dependent  upon our ability to obtain  financing and upon
future profitable operations from the development of our business. These factors
raise substantial doubt that we will be able to continue as a going concern. Our
independent  auditors,  has  expressed  substantial  doubt  about our ability to
continue as a going concern.  This opinion could materially limit our ability to
raise additional funds by issuing new debt or equity securities or otherwise. If
we fail to raise sufficient capital when needed, we will not be able to complete
our business plan. As a result we may have to liquidate our business and you may
lose  your  investment.   You  should  consider  our  auditor's   comments  when
determining if an investment in our company is suitable.

BECAUSE OF THE UNIQUE  DIFFICULTIES  AND  UNCERTAINTIES  INHERENT IN OIL AND GAS
VENTURES, WE FACE A HIGH RISK OF BUSINESS FAILURE.

You should be aware of the  difficulties  normally  encountered  by  exploration
companies and the high rate of failure of such  enterprises.  The  likelihood of
success must be  considered in light of the  problems,  expenses,  difficulties,
complications  and delays  encountered in connection  with the  exploration  and
development  of the  properties  that  we  plan to  undertake.  These  potential
problems  include,  but are not limited to,  unanticipated  problems relating to
exploration,   and  additional  costs  and  expenses  that  may  exceed  current
estimates.  If the  results of our  development  program  do not  reveal  viable
commercialization  options,  we may decide to abandon  our claim and acquire new
claims.  Our ability to acquire  additional  claims will be  dependent  upon our
possessing  adequate capital  resources when needed. If no funding is available,
we may be forced to abandon our operations.

BECAUSE OF THE INHERENT DANGERS  INVOLVED IN OIL AND GAS OPERATIONS,  THERE IS A
RISK THAT WE MAY INCUR LIABILITY OR DAMAGES AS WE CONDUCT OUR BUSINESS.

The extracting of oil and gas involves  numerous  hazards.  As a result,  we may
become subject to liability for such hazards, including pollution,  cave-ins and
other  hazards  against which we cannot insure or against which we may elect not
to insure.  At the present  time we have no  insurance  to cover  against  these
hazards. The payment of such liabilities may result in our inability to complete
our planned program and/or obtain additional financing to fund our program.

AS WE UNDERTAKE DEVELOPMENT OF OUR PROPERTIES,  WE WILL BE SUBJECT TO COMPLIANCE
WITH  GOVERNMENT  REGULATION  THAT  MAY  INCREASE  THE  ANTICIPATED  COST OF OUR
PROGRAM.

There  are  several  governmental   regulations  that  materially  restrict  oil
extraction.  We will be  subject  to  regulations  and laws as we carry  out our
program.  We may be  required  to obtain  work  permits,  post bonds and perform
remediation  work for any  physical  disturbance  to the area in order to comply
with these laws. The cost of complying  with permit and  regulatory  environment
laws will be greater because the impact on the project area is greater.  Permits
and  regulations  will  control  all  aspects of the  production  program if the
project  continues  to that  stage.  Examples  of  regulatory  requirements  can
include:

                                       8
<PAGE>
     (a)  Water discharge will have to meet drinking water standards;

     (b)  Dust generation will have to be minimal or otherwise re-mediated;

     (c)  Dumping of material on the surface  will have to be  re-contoured  and
          re-vegetated with natural vegetation;

     (d)  An  assessment  of all material to be left on the surface will need to
          be environmentally benign;

     (e)  Ground water will have to be monitored for any potential contaminants;

     (f)  The socio-economic impact of the project will have to be evaluated and
          if deemed negative, will have to be remediated; and

There is a risk that new regulations  could increase our costs of doing business
and prevent us from carrying out our exploration  program.  We will also have to
sustain  the  cost  of  reclamation  and   environmental   remediation  for  all
exploration work  undertaken.  Both  reclamation and  environmental  remediation
refer  to  putting  disturbed  ground  back as close  to its  original  state as
possible.  Other  potential  pollution or damage must be cleaned-up  and renewed
along  standard  guidelines  outlined in the usual  permits.  Reclamation is the
process of bringing  the land back to its  natural  state  after  completion  of
exploration  activities.   Environmental  remediation  refers  to  the  physical
activity of taking  steps to  remediate,  or remedy,  any  environmental  damage
caused.  The  amount of these  costs is not known at this time as we do not know
the extent of the exploration  program that will be undertaken beyond completion
of the recommended work program.  If remediation  costs exceed our cash reserves
we may be unable to  complete  our  exploration  program and have to abandon our
operations.

IF ACCESS TO OUR  PROPERTIES  IS  RESTRICTED  BY  INCLEMENT  WEATHER,  WE MAY BE
DELAYED IN ANY FUTURE MINING EFFORTS.

It is possible that adverse weather could cause  accessibility to our properties
difficult and this would delay in our timetables.

BASED ON  CONSUMER  DEMAND,  THE  GROWTH  AND  DEMAND  FOR ANY OIL OR GAS WE MAY
RECOVER  FROM OUR CLAIMS MAY BE SLOWED,  RESULTING  IN REDUCED  REVENUES  TO THE
COMPANY.

Our success will be dependent on the growth of demand for petroleum products. If
consumer  demand slows our revenues may be  significantly  affected.  This could
limit our ability to generate revenues and our financial condition and operating
results may be harmed.

BECAUSE OUR CURRENT OFFICERS AND DIRECTORS HAVE OTHER BUSINESS  INTERESTS,  THEY
MAY NOT BE ABLE OR WILLING TO DEVOTE A SUFFICIENT AMOUNT OF TIME TO OUR BUSINESS
OPERATIONS, CAUSING OUR BUSINESS TO FAIL.

Mr. Donny Fitzgerald, our CEO and director, currently devotes up to 10 hours per
week providing  services to the company.  While he presently  possesses adequate
time to attend to our  interest,  it is  possible  that the  demands on him from
other  obligations  could  increase,  with the result that he would no longer be
able to devote  sufficient  time to the  management of our business.  This could
negatively  impact our business  development.  Our other Directors spend similar
amounts of time providing services to the company and there is no guarantee that
they will have sufficient time to devote to the management of our business.

                                       9
<PAGE>
WE MAY BE UNABLE TO OBTAIN  ADDITIONAL  CAPITAL THAT WE MAY REQUIRE TO IMPLEMENT
OUR BUSINESS PLAN. THIS WOULD RESTRICT OUR ABILITY TO GROW.

The proceeds  from our private  offerings  completed in 2007 and funds  borrowed
since this private offering, provide us with a limited amount of working capital
and is  not  sufficient  to  fund  our  proposed  operations.  We  will  require
additional  capital  to  continue  to  operate  our  business  and our  proposed
operations. We may be unable to obtain additional capital as and when required.

Future acquisitions and future development, production and marketing activities,
as well as our administrative requirements (such as salaries, insurance expenses
and general overhead expenses,  as well as legal compliance costs and accounting
expenses) will require a substantial amount of additional capital and cash flow.

We may not be successful in locating suitable financing transactions in the time
period required or at all, and we may not obtain the capital we require by other
means. If we do not succeed in raising additional  capital,  the capital we have
received to date may not be  sufficient  to fund our  operations  going  forward
without obtaining additional capital financing.

Any  additional  capital  raised  through  the sale of equity  may  dilute  your
ownership  percentage.  This could also  result in a decrease in the fair market
value of our equity  securities  because  our assets  would be owned by a larger
pool of outstanding  equity.  The terms of securities we issue in future capital
transactions  may be more  favorable  to our  new  investors,  and  may  include
preferences,  superior  voting  rights and the  issuance  of  warrants  or other
derivative  securities,  and issuances of incentive awards under equity employee
incentive plans, which may have a further dilutive effect.

Our ability to obtain  needed  financing  may be impaired by such factors as the
capital markets (both generally and in the resource industry in particular), our
status  as a new  enterprise  without  a  demonstrated  operating  history,  the
location  of our  properties  and the  price  of oil and gas on the  commodities
markets (which will impact the amount of asset-based  financing available to us)
or the retention or loss of key  management.  Further,  if oil and gas prices on
the commodities  markets decrease,  then our revenues will likely decrease,  and
such decreased revenues may increase our requirements for capital. If the amount
of capital we are able to raise from  financing  activities is not sufficient to
satisfy our capital needs, we may be required to cease our operations.

We may incur substantial costs in pursuing future capital  financing,  including
investment banking fees, legal fees,  accounting fees, securities law compliance
fees,  printing  and  distribution  expenses  and  other  costs.  We may also be
required to recognize non-cash expenses in connection with certain securities we
may issue,  such as convertible  notes and warrants,  which may adversely impact
our financial condition.

AMENDMENTS TO CURRENT LAWS AND  REGULATIONS  GOVERNING  OUR PROPOSED  OPERATIONS
COULD HAVE A MATERIAL ADVERSE IMPACT ON OUR PROPOSED BUSINESS.

Our business will be subject to substantial  regulation  under state and federal
laws relating to the exploration for, and the development, upgrading, marketing,
pricing,  taxation,  and transportation of oil and other matters.  Amendments to
current laws and  regulations  governing  operations  and activities of resource
operations  could have a material  adverse impact on our proposed  business.  In
addition,  there can be no assurance that income tax laws,  royalty  regulations
and government  incentive  programs related to the resource industry  generally,
will not be changed in a manner which may adversely  affect us and cause delays,
inability to complete or abandonment of properties.

                                       10
<PAGE>
Permits,  leases,  licenses,  and  approvals  are  required  from a  variety  of
regulatory authorities at various stages of mining and extraction.  There can be
no assurance that the various government permits, leases, licenses and approvals
sought will be granted to us or, if granted,  will not be  cancelled  or will be
renewed upon expiration.

ESTIMATES  OF OIL  RESERVES  THAT WE MAKE MAY BE  INACCURATE  WHICH COULD HAVE A
MATERIAL ADVERSE EFFECT ON US

There are  numerous  uncertainties  inherent  in  estimating  quantities  of oil
resources,  including many factors  beyond our control,  and no assurance can be
given that expected levels of resources or recovery of oil will be realized.  In
general,  estimates  of  recoverable  oil  resources  are based upon a number of
factors and  assumptions  made as of the date on which  resource  estimates  are
determined,  such as geological and  engineering  estimates  which have inherent
uncertainties and the assumed effects of regulation by governmental agencies and
estimates of future  commodity prices and operating costs, all of which may vary
considerably  from actual  results.  All such  estimates  are,  to some  degree,
uncertain  and  classifications  of  resources  are only  attempts to define the
degree of uncertainty involved. For these reasons,  estimates of the recoverable
oil, the classification of such resources based on risk of recovery, prepared by
different  engineers  or by the same  engineers  at  different  times,  may vary
substantially.

ABANDONMENT AND RECLAMATION COSTS ARE UNKNOWN AND MAY BE SUBSTANTIAL.

We will be responsible for compliance with terms and conditions of environmental
and regulatory approvals and all laws and regulations  regarding the abandonment
of our  properties  and  reclamation of lands at the end of their economic life,
which  abandonment  and reclamation  costs may be substantial.  A breach of such
legislation  and/or  regulations may result in the issuance of remedial  orders,
the suspension of approvals, or the imposition of fines and penalties, including
an order for cessation of operations at the site until satisfactory remedies are
made.  It is not  possible  to  estimate  with  certainty  the  abandonment  and
reclamation  costs since they will be a function of regulatory  requirements  at
the time.

INCREASES  IN OUR  OPERATING  EXPENSES  WILL  IMPACT OUR  OPERATING  RESULTS AND
FINANCIAL CONDITION.

Extraction,  development,  production,  marketing (including distribution costs)
and regulatory  compliance costs (including taxes) will substantially impact the
net  revenues  we derive  from oil that we  produce.  These costs are subject to
fluctuations and variation in different locales in which we will operate, and we
may not be able to predict or control  these  costs.  If these costs  exceed our
expectations,  this may adversely affect our results of operations. In addition,
we may not be able to earn net revenue at our predicted levels, which may impact
our ability to satisfy our obligations.

PENALTIES WE MAY INCUR COULD IMPAIR OUR BUSINESS.

Failure to comply  with  government  regulations  could  subject us to civil and
criminal penalties,  could require us to forfeit property rights, and may affect
the value of our assets.  We may also be required  to take  corrective  actions,
such as installing  additional equipment or taking other actions,  each of which
could  require us to make  substantial  capital  expenditures.  We could also be
required  to  indemnify  our  employees  in  connection  with  any  expenses  or
liabilities  that they may incur  individually  in  connection  with  regulatory
action  against  them.  As  a  result,   our  future  business  prospects  could
deteriorate  due to  regulatory  constraints,  and our  profitability  could  be
impaired by our obligation to provide such indemnification to our employees.

                                       11
<PAGE>
ENVIRONMENTAL RISKS MAY ADVERSELY AFFECT OUR BUSINESS.

Oil  extraction  operations  present  environmental  risks and  hazards  and are
subject to environmental regulation pursuant to a variety of federal, state, and
local laws and regulations.  Environmental legislation provides for, among other
things,  restrictions  and  prohibitions  on spills,  releases or  emissions  of
various  substances  produced  in  association  with  resource  operations.  The
legislation also requires that facility sites be operated, maintained, abandoned
and  reclaimed  to  the  satisfaction  of  applicable  regulatory   authorities.
Compliance with such  legislation  can require  significant  expenditures  and a
breach may result in the imposition of fines and penalties, some of which may be
material. Environmental legislation is evolving in a manner we expect may result
in  stricter   standards  and  enforcement,   larger  fines  and  liability  and
potentially increased capital expenditures and operating costs.

The  discharge  of  pollutants  into the air,  soil or  water  may give  rise to
liabilities to  governments  and third parties and may require us to incur costs
to remedy such discharges. The application of environmental laws to our business
may cause us to curtail our production or increase the costs of our  production,
development or exploration activities.

CHALLENGES TO TITLE TO OUR PROPERTIES MAY IMPACT OUR FINANCIAL CONDITION.

Title to oil interests is often not capable of conclusive  determination without
incurring  substantial  expense.  While we intend to make appropriate  inquiries
into the title of  properties  and other  development  rights we acquire,  title
defects may exist. In addition,  we may be unable to obtain  adequate  insurance
for  title  defects,  on a  commercially  reasonable  basis or at all.  If title
defects do exist, it is possible that we may lose all or a portion of our right,
title and interests in and to the properties to which the title defects relate.

THE LIMITED  TRADING OF OUR COMMON  STOCK ON THE OTC  BULLETIN  BOARD MAY IMPAIR
YOUR ABILITY TO SELL YOUR SHARES.

There have been thin volumes of trading of our common stock. The lack of trading
of our common  stock and the low volume of any future  trading  may impair  your
ability to sell your shares at the time you wish to sell them or at a price that
you  consider  reasonable.  Such  factors  may also  impair our ability to raise
capital by selling shares of capital stock and may impair our ability to acquire
other companies or technologies by using common stock as consideration.

THE MARKET PRICE OF OUR COMMON STOCK IS LIKELY TO BE HIGHLY VOLATILE AND SUBJECT
TO WIDE FLUCTUATIONS.

Assuming we are able to establish an active trading market for our common stock,
the market price of our common  stock is likely to be highly  volatile and could
be subject to wide  fluctuations  in  response  to a number of factors  that are
beyond our control, including:

     *    dilution  caused by our issuance of additional  shares of common stock
          and  other  forms of  equity  securities,  which we  expect to make in
          connection  with future capital  financings to fund our operations and
          growth,  to attract and retain  valuable  personnel  and in connection
          with future strategic partnerships with other companies;

     *    announcements of acquisitions,  reserve  discoveries or other business
          initiatives by our competitors;

     *    fluctuations  in revenue  from our  business as new  reserves  come to
          market;

     *    changes  in the  market  for  commodities  or in the  capital  markets
          generally;

                                       12
<PAGE>
     *    quarterly variations in our revenues and operating expenses;

     *    changes in the valuation of similarly situated companies,  both in our
          industry and in other industries;

     *    changes in analysts'  estimates  affecting us, our  competitors or our
          industry;

     *    changes in the accounting  methods used in or otherwise  affecting our
          industry;

     *    additions and departures of key personnel;

     *    fluctuations in interest rates and the  availability of capital in the
          capital markets; and

These and other factors are largely beyond our control,  and the impact of these
risks, singly or in the aggregate, may result in material adverse changes to the
market price of our common  stock and our results of  operations  and  financial
condition.

OUR OPERATING RESULTS MAY FLUCTUATE  SIGNIFICANTLY,  AND THESE  FLUCTUATIONS MAY
CAUSE OUR STOCK PRICE TO DECLINE.

Our operating  results will likely vary in the future primarily as the result of
fluctuations in our revenues and operating expenses, expenses that we incur, the
price  of oil and gas in the  commodities  markets  and  other  factors.  If our
results of  operations  do not meet the  expectations  of  current or  potential
investors, the price of our common stock may decline.

WE DO NOT EXPECT TO PAY DIVIDENDS IN THE FORESEEABLE FUTURE.

We do not  intend  to  declare  dividends  for  the  foreseeable  future,  as we
anticipate  that we will  reinvest any future  earnings in the  development  and
growth of our business.  Therefore,  investors will not receive any funds unless
they sell  their  common  stock,  and  stockholders  may be unable to sell their
shares on favorable terms or at all.  Investors  cannot be assured of a positive
return  on  investment  or that they  will not lose the  entire  amount of their
investment in the common stock.

APPLICABLE  SEC RULES  GOVERNING  THE  TRADING  OF  "PENNY  STOCKS"  WILL  LIMIT
THETRADING AND LIQUIDITY OF OUR COMMON STOCK, WHICH MAY AFFECT THE TRADING PRICE
OF OUR COMMON STOCK.

Our common stock is presently considered to be a "penny stock" and is subject to
SEC rules and regulations which impose limitations upon the manner in which such
shares may be publicly traded and regulate broker-dealer practices in connection
with   transactions  in  "penny  stocks."  Penny  stocks  generally  are  equity
securities with a price of less than $5.00 (other than securities  registered on
certain national securities  exchanges or quoted on the NASDAQ system,  provided
that current price and volume  information  with respect to transactions in such
securities is provided by the exchange or system). The penny stock rules require
a  broker-dealer,  prior to a transaction in a penny stock not otherwise  exempt
from the rules, to deliver a standardized risk disclosure document that provides
information  about  penny  stocks and the risks in the penny stock  market.  The
broker-dealer  must  also  provide  the  customer  with  current  bid and  offer
quotations for the penny stock,  the compensation of the  broker-dealer  and its
salesperson  in the  transaction,  and monthly  account  statements  showing the
market value of each penny stock held in the  customer's  account.  In addition,

                                       13
<PAGE>
the penny stock rules  generally  require that prior to a transaction in a penny
stock, the  broker-dealer  make a special written  determination  that the penny
stock is a suitable  investment  for the purchaser  and receive the  purchaser's
written agreement to the transaction. These disclosure requirements may have the
effect of reducing the level of trading  activity in the secondary  market for a
stock that  becomes  subject to the penny  stock rules  which may  increase  the
difficulty investors may experience in attempting to liquidate such securities.

FORWARD-LOOKING STATEMENTS

This  Form 10-K  contains  forward-looking  statements  that  involve  risks and
uncertainties.  We use words such as anticipate,  believe, plan, expect, future,
intend and similar expressions to identify such forward-looking  statements. You
should not place too much  reliance  on these  forward-looking  statements.  Our
actual results are likely to differ  materially from those  anticipated in these
forward-looking statements for many reasons.

ITEM 2. PROPERTIES

We  currently  do not own any physical  property or own any real  property.  Our
principal  executive office is located at 213 E Arkansas Ave, Vivian,  LA 71082,
USA.

ITEM 3. LEGAL PROCEEDINGS

We are not currently  involved in any legal  proceedings and we are not aware of
any pending or potential legal actions.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

There were no matters  submitted  to a vote of the security  holders  during the
year ended December 31, 2011.

                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

NO PUBLIC MARKET FOR COMMON STOCK

Our common stock is listed for trading under the symbol "AVOE".

As of the date of this report we have  approximately  90 shareholders of record.
We have  paid no cash  dividends  and have no  outstanding  options.  We have no
securities authorized for issuance under equity compensation plans.

The SEC has adopted  rules that regulate  broker-dealer  practices in connection
with transactions in penny stocks.  Penny stocks are generally equity securities
with a price of less than $5.00,  other than  securities  registered  on certain
national  securities  exchanges or quoted on the NASDAQ  system,  provided  that
current  price and  volume  information  with  respect to  transactions  in such
securities  is provided by the  exchange or  quotation  system.  The penny stock
rules  require a  broker-dealer,  prior to a  transaction  in a penny stock,  to
deliver a standardized  risk disclosure  document prepared by the SEC, that: (a)
contains a  description  of the nature and level of risk in the market for penny
stocks  in  both  public  offerings  and  secondary  trading;   (b)  contains  a
description of the broker's or dealer's duties to the customer and of the rights
and  remedies  available  to the  customer  with  respect to a violation to such
duties or other  requirements of Securities' laws; (c) contains a brief,  clear,
narrative description of a dealer market, including bid and ask prices for penny

                                       14
<PAGE>
stocks and the  significance  of the spread  between the bid and ask price;  (d)
contains a toll-free telephone number for inquiries on disciplinary actions; (e)
defines  significant  terms in the  disclosure  document  or in the  conduct  of
trading in penny stocks;  and (f) contains such other information and is in such
form,  including  language,  type, size and format,  as the SEC shall require by
rule or regulation.  The broker-dealer also must provide, prior to effecting any
transaction in a penny stock,  the customer  with: (a) bid and offer  quotations
for  the  penny  stock;  (b)  the  compensation  of the  broker-dealer  and  its
salesperson in the  transaction;  (c) the number of shares to which such bid and
ask prices  apply,  or other  comparable  information  relating to the depth and
liquidity  of the market for such  stock;  and (d)  monthly  account  statements
showing the market value of each penny stock held in the customer's  account. In
addition,  the penny stock rules require that prior to a transaction  in a penny
stock not  otherwise  exempt from those  rules;  the  broker-dealer  must make a
special written  determination that the penny stock is a suitable investment for
the purchaser and receive the purchaser's written  acknowledgment of the receipt
of a risk disclosure  statement,  a written agreement to transactions  involving
penny stocks, and a signed and dated copy of a suitably written statement.

These  disclosure  requirements  may have the  effect of  reducing  the  trading
activity in the  secondary  market for our stock if it becomes  subject to these
penny stock rules.  Therefore,  if our common stock becomes subject to the penny
stock rules, stockholders may have difficulty selling those securities.

ITEM 7. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

FORWARD LOOKING STATEMENTS

This section of this report includes a number of forward-looking statements that
reflect  our  current   views  with  respect  to  future  events  and  financial
performance.  Forward-looking  statements  are often  identified  by words like:
believe, expect, estimate,  anticipate, intend, project and similar expressions,
or words which,  by their nature,  refer to future events.  You should not place
undue certainty on these forward-looking statements,  which apply only as of the
date of our  report.  These  forward-looking  statements  are subject to certain
risks and  uncertainties  that could cause actual  results to differ  materially
from historical results or our predictions.  We are an exploration stage company
and have yet to generated enough revenues to achieve profitability.

RESULTS OF OPERATIONS

We have generated limited revenues to date.

We incurred  expenses of $370,392 for the year ending  December 31, 2011.  These
expenses consisted of general operating expenses,  professional fees incurred in
connection with the day to day operation of our business and the preparation and
filing  of our  periodic  reports  and  recognition  of  impairment  loss on our
property  for the year  ended  December  31,  2011.  Due to  disposition  of our
properties we had a gain of $115,000 on the  extinguishment of our environmental
liability  (ARO).  We  also  had a gain on sale of  certain  mineral  leases  of
$33,000. Our net loss for the year ending December 31, 2011 was $71,168.

Our  auditors  have  issued a going  concern  opinion.  This means that there is
substantial  doubt that we can  continue  as an on-going  business  for the next
twelve  months  unless we obtain  additional  capital to pay our bills.  This is
because we have only begun generating revenues and there is no assurance we will
ever reach profitability. We have generated minimal revenues to date.

The following table provides  selected  financial data about our company for the
years ended December 31, 2011, and 2010.

                                       15
<PAGE>
         Balance Sheet Data:             12/31/11            12/31/10
         -------------------             --------            --------
         Cash                           $ 233,585           $   1,994
         Total assets                   $ 233,085           $   5,783
         Total liabilities              $ 277,875           $ 304,406
         Deferred Gain                  $ 250,000           $      --
         Shareholders' deficit          $(294,791)          $(298,623)

LIQUIDITY AND CAPITAL RESOURCES

Our cash balance at December 31, 2011 was $233,585 with outstanding  liabilities
of  $527,876.  Management  believes  our current  cash balance will be unable to
sustain operations for the next 12 months. We will be forced to raise additional
funds by issuing new debt or equity securities or otherwise. If we fail to raise
sufficient  capital  when  needed,  we will not be able to complete our business
plan.

PLAN OF OPERATION

Our cash  balance is  $233,585  and  $1,994 as of  December  31,  2011 and 2010,
respectively.  We believe our cash balance is insufficient to fund our levels of
operations  for the next twelve  months.  As a result we will be forced to raise
additional  funds by issuing new debt or equity  securities or otherwise.  If we
fail to raise  sufficient  capital when needed,  we will not be able to complete
our  business  plan.  We  have  generated  limited  revenue  of  $365,316  since
inceptions.

Our  auditor  has  issued a going  concern  opinion.  This  means  that there is
substantial  doubt that we can  continue  as an on-going  business  for the next
twelve  months  unless we obtain  additional  capital to pay our bills.  This is
because we have  generated  minimal  revenues to date.  There is no assurance we
will ever profitability.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance  sheet  arrangements  that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial  condition,  revenues or expenses,  results of operations,  liquidity,
capital expenditures or capital resources that is material to investors.

                                       16
<PAGE>
ITEM 8. FINANCIAL STATEMENTS

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Rango Energy, Inc. (formerly Avro Energy, Inc. )


We have audited the accompanying  balance sheets of Rango Energy, Inc. (formerly
Avro Energy,  Inc.) as of December 31, 2011 and 2010, and the related statements
of operations,  shareholders' equity (deficit) and cash flows for the years then
ended.  These  financial  statements  are the  responsibility  of the  Company's
management.  Our  responsibility  is to express  an  opinion on these  financial
statements based on our audits.

We conducted  our audits in  accordance  with  standards  of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements  are free of material  misstatement.  The Company is not  required to
have,  nor were we engaged to perform,  an audit of its  internal  control  over
financial reporting.  Our audits included consideration of internal control over
financial  reporting  as  a  basis  for  designing  audit  procedures  that  are
appropriate  in the  circumstances,  but not for the  purpose of  expressing  an
opinion on the  effectiveness  of the Company's  internal control over financial
reporting. Accordingly, we express no such opinion. An audit includes examining,
on a  test  basis,  evidence  supporting  the  amounts  and  disclosures  in the
financial statements. An audit also includes assessing the accounting principles
used and  significant  estimates made by  management,  as well as evaluating the
overall financial statement  presentation.  We believe that our audits provide a
reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all  material  respects,  the  financial  position of Rango  Energy,  Inc. as of
December 31, 2011 and 2010, and the results of its operations and cash flows for
the periods described above in conformity with accounting  principles  generally
accepted in the United States of America.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 1 to the
financial  statement,  the Company suffered recurring losses from operations and
has a net capital  deficiency,  which raises substantial doubt about its ability
to continue as a going concern.  Management's  plans regarding those matters are
also  described  in  Note  1.  The  financial  statements  do  not  include  any
adjustments  relating to the recoverability and classification of asset carrying
amounts or the amount and  classification  of liabilities that may result should
the Company be unable to continue as a going concern.


/s/ M&K CPAS, PLLC
--------------------------------------
www.mkacpas.com
Houston, Texas
May 10, 2012

                                       17
<PAGE>
                               RANGO ENERGY, INC.
                          (FORMERLY AVRO ENERGY, INC.)
                                 BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                    December 31,           December 31,
                                                                        2011                   2010
                                                                    ------------           ------------
<S>                                                                 <C>                    <C>
ASSETS

CURRENT
  Cash                                                              $    233,085           $      1,994
  Accounts Receivable                                                         --                  3,789
                                                                    ------------           ------------
      TOTAL ASSETS                                                  $    233,085           $      5,783
                                                                    ============           ============

LIABILITIES

CURRENT LIABILITIES
  Related Party Loan                                                $      6,657           $      4,157
  Loan Payable                                                               815                    815
  Deferred Gain                                                          250,000                     --
  Accounts payable and accrued liabilities                               150,404                 64,434
                                                                    ------------           ------------
      TOTAL CURRENT LIABILITIES                                          407,876                 69,406

LONG TERM LIABILITIES
  ARO Obligation                                                         120,000                235,000
                                                                    ------------           ------------
      TOTAL LONG TERM LIABILITIES                                        120,000                235,000
                                                                    ------------           ------------
      TOTAL LIABILITIES                                                  527,876                304,406
                                                                    ------------           ------------

STOCKHOLDERS' (DEFICIT)
  Common Stock, authorized 100,000,000 shares, $0.001 par
   value,  1,088,543 and 810,943 issued and outstanding as
   of  December 31, 2011 and 2010, respectively)                           1,089                    812
  Additional Paid in Capital                                           1,199,536              1,124,812
  Accumulated other comprehensive income                                   2,803                  2,803
  Accumulated Deficit                                                 (1,498,219)            (1,427,051)
                                                                    ------------           ------------
      TOTAL STOCKHOLDERS' (DEFICIT)                                     (294,791)              (298,623)
                                                                    ------------           ------------

      TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT)                 $    233,085           $      5,783
                                                                    ============           ============
</TABLE>


     The Accompanying notes are integral part of these financial statements.

                                       18
<PAGE>
                               RANGO ENERGY, INC.
                          (FORMERLY AVRO ENERGY, INC.)
                            STATEMENTS OF OPERATIONS

<TABLE>
<CAPTION>
                                                                Year Ended
                                                     December 31,         December 31,
                                                        2011                 2010
                                                     ----------           ----------
<S>                                                  <C>                  <C>
REVENUES
  Oil Revenues                                       $  151,224           $  177,409
                                                     ----------           ----------
TOTAL REVENUES                                          151,224              177,409
                                                     ----------           ----------
EXPENSES
  Operations Expense                                    267,738              288,709
  Accounting and Professional Fees                       15,000               23,883
  Office and Administration                              87,654                5,700
                                                     ----------           ----------
TOTAL EXPENSES                                          370,392              553,292
                                                     ----------           ----------
Net Income (Loss) from operations                      (219,168)            (375,883)

OTHER INCOME AND EXPENSES
  Gain on sale of lease properties                      148,000               60,000
  Loss on conversion of debt                                 --             (260,032)
  Accretion Expense                                          --             (235,000)
  Interest Expense                                           --              (21,299)
                                                     ----------           ----------
TOTAL OTHER INCOME AND EXPENSES                         148,000             (456,331)
                                                     ----------           ----------
Net Income (Loss)                                       (71,168)            (597,214)
                                                     ----------           ----------

TOTAL COMPREHENSIVE INCOME (LOSS)                    $  (71,168)          $ (597,214)
                                                     ==========           ==========

BASIC AND DILUTED INCOME PER SHARE                   $    (0.09)          $    (0.98)
                                                     ==========           ==========

WEIGHTED AVERAGE # OF SHARES OUTSTANDING                797,544              610,069
                                                     ==========           ==========
</TABLE>

     The Accompanying notes are integral part of these financial statements.

                                       19
<PAGE>
                               RANGO ENERGY, INC.
                          (FORMERLY AVRO ENERGY, INC.)
                   STATEMENT OF STOCKHOLDER'S EQUITY (DEFICIT)
                 for the Years Ended December 31, 2011 and 2010

<TABLE>
<CAPTION>
                                                                          Accumulated
                                      Common Stock                           Other
                                  --------------------        Paid in    Comprehensive   Accumulated       Total
                                  Shares        Amount        Capital       Income         Deficit        Equity
                                  ------        ------        -------       ------         -------        ------
<S>                               <C>           <C>           <C>           <C>            <C>            <C>
Balance, December 31, 2009        509,011     $     509     $  202,611     $  2,803      $  (829,837)    $(623,914)

Imputed Interest                                                21,299                                      21,299

Stock issued for Cash
 May 31, 2010                      20,000            20        249,980                                     250,000

Stock issued for Cash
 July 8, 2010                      22,500            23          1,102                                       1,125

Stock issued for to settle
 debt September 13, 2010          260,032           260        389,788                                     390,048

Loss on debt settlement                                        260,032                                     260,032

Net (Loss) for period                                                                       (597,214)     (597,214)
                                ---------     ---------     ----------     --------      -----------     ---------
Balance, December 31, 2010        811,543           812      1,124,812        2,803       (1,427,051)     (298,624)

Stock Cancelled
 March 3, 2011                    (23,000)          (23)            23                                          --

Stock issued for services
 August 23, 2011                  300,000           300         74,700                                      75,000

Income(Loss) for period                                                                      (71,168)      (71,168)
                                ---------     ---------     ----------     --------      -----------     ---------

Balance, December 31, 2011      1,088,543     $   1,089     $1,199,535     $  2,803      $(1,498,219)    $(294,791)
                                =========     =========     ==========     ========      ===========     =========
</TABLE>


     The Accompanying notes are integral part of these financial statements

                                       20
<PAGE>
                               RANGO ENERGY, INC.
                          (FORMERLY AVRO ENERGY, INC.)
                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
                                                                               Year Ended
                                                                    December 31,         December 31,
                                                                       2011                 2010
                                                                    ----------           ----------
<S>                                                                 <C>                  <C>
OPERATING ACTIVITIES
  Net income (loss) for the period                                  $  (71,168)          $ (597,214)
  Adjustment for non-cash expenses
    Shares issued for service                                           75,000
    Imputed interest                                                        --               21,299
    Accretion Expense (Gain)                                          (148,000)             235,000
    Loss on conversion of debt                                              --              260,032
  Change in:
    Accounts Receivable                                                  3,790               21,156
    Accounts payable and accrued liabilities                            85,969             (325,099)
                                                                    ----------           ----------
           CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES             (54,408)            (384,826)
                                                                    ----------           ----------

INVESTING ACTIVITIES
  Deferred Gain on sale of working interest                            250,000                   --
  Cash received on sale of mineral leases                               33,000                   --
                                                                    ----------           ----------
           CASH PROVIDED BY INVESTING ACTIVITIES                       288,000                   --
                                                                    ----------           ----------

FINANCING ACTIVITIES
  Capital Stock issued                                                      --              251,125
  Loan Payable - related party                                           2,499              121,650
                                                                    ----------           ----------
           CASH FROM FINANCING ACTIVITIES                                2,499              372,775
                                                                    ----------           ----------
INCREASE (DECREASE) IN CASH FOR PERIOD                                 231,091              (12,051)
Cash, beginning of period                                                1,994               14,045
                                                                    ----------           ----------

Cash, end of period                                                 $  233,085           $    1,994
                                                                    ==========           ==========

Cash paid for interest                                              $       --           $       --
                                                                    ==========           ==========
Cash paid for income tax                                            $       --           $       --
                                                                    ==========           ==========
Shares cancelled                                                    $       23           $       --
                                                                    ==========           ==========
</TABLE>

     The Accompanying notes are integral part of these financial statements

                                       21
<PAGE>
                               RANGO ENERGY, INC.
                          (FORMERLY AVRO ENERGY, INC.)
                      Footnotes to the Financial Statements
                 For the Years Ended December 31, 2011 and 2010
                             (Stated in US Dollars)


NOTE 1. NATURE OF OPERATIONS

DESCRIPTION OF BUSINESS AND HISTORY - Rango Energy,  Inc. (formerly Avro Energy,
Inc.) (hereinafter referred to as the "Company") was incorporated on January 31,
2007 by filing Articles of Incorporation with the Nevada Secretary of State. The
Company  was formed to engage in the  exploration  of  resource  properties.  On
January 31, 2012, the Company  changed its name from Avro Energy,  Inc. to Rango
Energy, Inc.

The Company is currently engaged in the acquisition, exploration and development
of oil and natural gas  properties in the United  States  ArkLaTex  region.  The
company seeks to develop low risk  opportunities by itself or with joint venture
partners in the oil and natural gas sectors.

The Company has applied to reverse  split its issued and  outstanding  shares on
the basis of fifty (50) existing  shares for one of the post split  shares.  The
application  has been  accepted  by the SEC and FINRA and is  expected to become
effective in mid-May 2012.  The shares have been  retroactively  applied for the
reverse split.

GOING  CONCERN  - The  accompanying  financial  statements  have  been  prepared
assuming that the Company will continue as a going concern. The Company suffered
reoccurring net losses from operations and has a net capital  deficiency,  which
raises  substantial doubt about its ability to continue as a going concern.  The
financial   statements   do  not  include  any   adjustments   relating  to  the
recoverability  and  classification  of asset carrying amounts or the amount and
classification  of  liabilities  that may result should the Company be unable to
continue as a going concern.

As shown in the accompanying  financial  statements,  the Company has incurred a
accumulated  loss of $1,498,219 for the period from January 31, 2007 (inception)
to December  31,  2011 and has  generated  revenues  of  $365,316  over the same
period.  The  future of the  Company  is  dependent  upon its  ability to obtain
financing  and  upon  future  profitable  operations  from  the  development  of
acquisitions.  Management has plans to seek additional capital through a private
placement and public offering of its common stock.  The financial  statements do
not include any adjustments relating to the recoverability and classification of
recorded assets, or the amounts of and  classification of liabilities that might
be necessary in the event the Company cannot continue in existence.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

RESOURCE   PROPERTIES  -  Company  follows  the  successful  efforts  method  of
accounting for its oil and gas  properties.  Unproved oil and gas properties are
periodically  assessed  and any  impairment  in value is charged to  exploration
expense. The costs of unproved properties, which are determined to be productive
are  transferred  to proved  resource  properties and amortized on an equivalent
unit-of-production   basis.  Exploratory  expenses,   including  geological  and
geophysical expenses and delay rentals for unevaluated resource properties,  are
charged  to expense  as  incurred.  Exploratory  drilling  costs are  charged as
expenses  until  it is  determined  that  the  company  has  proven  oil and gas
reserves.

                                       22
<PAGE>
BASIS  OF  PRESENTATION  -These  financial  statements  and  related  notes  are
presented in accordance with  accounting  principles  generally  accepted in the
United States, and are expressed in U.S. dollars.  The Company's fiscal year-end
is December 31.

USE OF ESTIMATES - The  preparation of financial  statements in accordance  with
U.S.  generally  accepted  accounting  principles  requires  management  to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities at the date of the financial  statements and the reported amounts of
net revenue and expenses in the  reporting  period.  We  regularly  evaluate our
estimates  and  assumptions  related to the useful  life and  recoverability  of
long-lived  assets,  stock-based  compensation  and  deferred  income  tax asset
valuation  allowances.  We base our estimates and  assumptions on current facts,
historical experience and various other factors that we believe to be reasonable
under  the  circumstances,  the  results  of which  form the  basis  for  making
judgments about the carrying values of assets and liabilities and the accrual of
costs and expenses that are not readily apparent from other sources.  The actual
results  experienced  by  us  may  differ  materially  and  adversely  from  our
estimates.  To the extent there are material  differences  between our estimates
and the actual results, our future results of operations will be affected.

CASH AND CASH EQUIVALENTS - The Company considers all highly liquid  instruments
with  original  maturities  of three  months or less when  acquired,  to be cash
equivalents.  We  had  no  cash  equivalents  at  December  31,  2011  or  2010,
respectively.

ASSET  RETIREMENT  OBLIGATION  (ARO) - The estimated  costs of  restoration  and
removal of facilities are accrued.  The fair value of a liability for an asset's
retirement  obligation is recorded in the period in which it is incurred and the
corresponding  cost capitalized by increasing the carrying amount of the related
long-lived  asset.  The  liability  is accreted to its then  present  value each
period,  if the  liability  is settled  for an amount  other  than the  recorded
amount, a gain or loss is recognized.  At December 31, 2011 and 2010, the ARO of
$120,000 and $235,000 is included in liabilities.

INCOME TAXES - Potential benefits of income tax losses are not recognized in the
accounts until  realization is more likely than not. The Company has adopted ASC
740,  INCOME  TAXES,  as of its  inception.  Pursuant to ASC 740, the Company is
required to compute tax asset benefits for net operating losses carried forward.
The potential benefits of net operating losses have not been recognized in these
financial  statements  because the  Company  cannot be assured it is more likely
than not it will  utilize the net  operating  losses  carried  forward in future
years.

COMPREHENSIVE LOSS - ASC 220,  COMPREHENSIVE  INCOME,  establishes standards for
the  reporting  and  display of  comprehensive  loss and its  components  in the
financial statements. As of December 31, 2011 and 2010, the Company has no items
that represent comprehensive loss and, therefore, has not included a schedule of
comprehensive loss in the financial statements.

STOCK  BASED  COMPENSATION  - ASC  718,  STOCK-BASED  COMPENSATION,  establishes
standards  for the  reporting  and  display of stock based  compensation  in the
financial  statements.  During the year ended  December  31,  2011,  the Company
issued  15,000,000  shares to the  Company's  president  for  services  value at
$75,000. The shares issued were valued at $0.005 per share which is based on the
fair market value on the date of grant.

LOSS PER COMMON SHARE - The Company  computes  net loss per share in  accordance
with ASC 260, EARNINGS PER SHARE, which requires  presentation of both basic and
diluted earnings per share (EPS) on the face of the income statement.  Basic EPS
is computed by dividing net loss available to common shareholders (numerator) by
the  weighted  average  number of shares  outstanding  (denominator)  during the
period.  Diluted  EPS  gives  effect to all  dilutive  potential  common  shares
outstanding  during the period using the treasury  stock method and  convertible
preferred stock using the  if-converted  method.  In computing  Diluted EPS, the
average stock price for the period is used in  determining  the number of shares

                                       23
<PAGE>
assumed to be purchased from the exercise of stock options or warrants.  Diluted
EPS excludes all dilutive potential shares if their effect is anti-dilutive.

FAIR VALUE OF FINANCIAL INSTRUMENTS - ASC 820, "FAIR VALUE MEASUREMENTS" and ASC
825, Financial Instruments, requires an entity to maximize the use of observable
inputs and minimize the use of unobservable inputs when measuring fair value. It
establishes a fair value hierarchy based on the level of independent,  objective
evidence  surrounding  the  inputs  used to  measure  fair  value.  A  financial
instrument's  categorization  within the fair value  hierarchy is based upon the
lowest  level of input that is  significant  to the fair value  measurement.  It
prioritizes the inputs into three levels that may be used to measure fair value:

LEVEL 1

Level 1 applies to assets or  liabilities  for which there are quoted  prices in
active markets for identical assets or liabilities.

LEVEL 2

Level 2 applies to assets or  liabilities  for which there are inputs other than
quoted  prices that are  observable  for the asset or  liability  such as quoted
prices for similar assets or liabilities  in active  markets;  quoted prices for
identical  assets  or  liabilities  in  markets  with  insufficient   volume  or
infrequent  transactions (less active markets);  or model-derived  valuations in
which significant  inputs are observable or can be derived  principally from, or
corroborated by, observable market data.

LEVEL 3

Level 3 applies to assets or liabilities for which there are unobservable inputs
to the valuation methodology that are significant to the measurement of the fair
value of the assets or liabilities.

The following schedule summarizes the valuation of financial instruments at fair
value on a  recurring  basis in the balance  sheets as of December  31, 2011 and
2010:

                                    Fair Value Measurement at December 31, 2011
                                    -------------------------------------------
                                       Level 1        Level 2        Level 3
                                      --------       --------       --------
LIABILITIES
  Asset Retirement Obligations        $     --       $     --       $120,000
                                      --------       --------       --------
                                      $     --       $     --       $120,000
                                      --------       --------       --------


                                    Fair Value Measurement at December 31, 2010
                                    -------------------------------------------
                                       Level 1        Level 2        Level 3
                                      --------       --------       --------
LIABILITIES
  Asset Retirement Obligations        $     --       $     --       $235,000
                                      --------       --------       --------
                                      $     --       $     --       $235,000
                                      --------       --------       --------

There were no transfers of financial  assets or liabilities  between Level 1 and
Level 2 inputs for the years ended December 31, 2011and 2010.

                                       24
<PAGE>
RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS

In  January  2010,  the  FASB  issued  an  amendment  to  ASC  820,  Fair  Value
Measurements  and  Disclosure,  to  require  reporting  entities  to  separately
disclose the amounts and business rationale for significant transfers in and out
of  Level  1  and  Level  2  fair  value  measurements  and  separately  present
information regarding purchase,  sale, issuance,  and settlement of Level 3 fair
value  measures  on a gross  basis.  This  standard,  for which the  Company  is
currently  assessing the impact,  is effective for interim and annual  reporting
periods  beginning  after  December 15, 2009 with the  exception of  disclosures
regarding the purchase,  sale,  issuance,  and  settlement of Level 3 fair value
measures which are effective for fiscal years beginning after December 15, 2010.

In January 2010, the FASB issued an amendment to ASC 505, Equity, where entities
that declare dividends to shareholders that may be paid in cash or shares at the
election of the  shareholders  are  considered  to be a share  issuance  that is
reflected  prospectively  in EPS, and is not accounted for as a stock  dividend.
This  standard is effective  for interim and annual  periods  ending on or after
December 15, 2009 and is to be applied on a retrospective basis. The adoption of
this  standard is not  expected to have a  significant  impact on the  Company's
financial statements.

In February 2010, the FASB  Accounting  Standards  Update 2010-10 (ASU 2010-10),
"Consolidation  (Topic  810):  Amendments  for  Certain  Investment  Funds." The
amendments  in this  Update are  effective  as of the  beginning  of a reporting
entity's first annual period that begins after November 15, 2009 and for interim
periods within that first reporting period.  Early application is not permitted.
The  Company's  adoption  of  provisions  of ASU 2010-10 did not have a material
effect on the financial position, results of operations or cash flows.

In February 2010, the FASB issued ASU No. 2010-09  "Subsequent Events (ASC Topic
855) "Amendments to Certain  Recognition and Disclosure  Requirements" ("ASU No.
2010-09").  ASU No. 2010-09  requires an entity that is an SEC filer to evaluate
subsequent events through the date that the financial  statements are issued and
removes the  requirement for an SEC filer to disclose a date, in both issued and
revised financial  statements,  through which the filer had evaluated subsequent
events. The adoption did not have an impact on the Company's  financial position
and results of operations.

In March 2010, the FASB (Financial Accounting Standards Board) issued Accounting
Standards  Update 2010-11 (ASU 2010-11),  "Derivatives  and Hedging (Topic 815):
Scope Exception Related to Embedded Credit  Derivatives." The amendments in this
Update are  effective  for each  reporting  entity at the beginning of its first
fiscal quarter beginning after June 15, 2010. Early adoption is permitted at the
beginning of each entity's first fiscal quarter beginning after issuance of this
Update.  The  Company  does not expect the  provisions  of ASU 2010-11 to have a
material effect on the financial  position,  results of operations or cash flows
of the Company.

In  December  2010,  the  FASB  Accounting  Standards  Update  2010-29  Business
Combinations  Topic 805,  which  requires a public  entity to disclose pro forma
information  for business  combinations  that occurred in the current  reporting
period.  The disclosures  include pro forma revenue and earnings of the combined
entity for the current  reporting  period as though the acquisition date for all
business combinations that occurred during the year had been as of the beginning
of  the  annual  reporting  period.  If  comparative  financial  statements  are
presented,  the pro forma  revenue and earnings of the  combined  entity for the
comparable  prior reporting  period should be reported as though the acquisition
date for all business  combinations  that  occurred  during the current year had
been as of the  beginning  of the  comparable  prior  annual  reporting  period.
Effective  for business  combinations  for which the  acquisition  date is on or
after the beginning of the first annual  reporting  period beginning on or after
December  15,  2010.  The  adoption  did not  have an  impact  on the  Company's
financial position and results of operations.

                                       25
<PAGE>
In April  2011,  the FASB  issued  ASU  2011-02,  "Receivables  (Topic  310):  A
Creditor's   Determination  of  Whether  a  Restructuring  is  a  Troubled  Debt
Restructuring".  This amendment explains which modifications constitute troubled
debt  restructurings  ("TDR").  Under  the new  guidance,  the  definition  of a
troubled  debt  restructuring  remains  essentially  unchanged,  and  for a loan
modification  to be considered a TDR,  certain basic criteria must still be met.
For public  companies,  the new  guidance  is  effective  for interim and annual
periods  beginning on or after June 15,  2011,  and applies  retrospectively  to
restructuring  occurring  on or  after  the  beginning  of the  fiscal  year  of
adoption.  The Company  does not expect that the  guidance  effective  in future
periods will have a material impact on its financial statements.

In June 2011,  the FASB issued ASU 2011-05,  "Comprehensive  Income (Topic 220):
Presentation of Comprehensive  Income",  which is effective for annual reporting
periods beginning after December 15, 2011. ASU 2011-05 will become effective for
the Company on January 1, 2012.  This guidance  eliminates the option to present
the components of other comprehensive income as part of the statement of changes
in stockholders'  equity. In addition,  items of other comprehensive income that
are  reclassified  to profit or loss are required to be presented  separately on
the face of the financial statements.  This guidance is intended to increase the
prominence of other  comprehensive  income in financial  statements by requiring
that such amounts be presented either in a single continuous statement of income
and comprehensive  income or separately in consecutive  statements of income and
comprehensive  income.  The  adoption of ASU  2011-05 is not  expected to have a
material impact on our financial position or results of operations.

In May 2011, the FASB issued ASU 2011-04,  "Fair Value Measurement  (Topic 820):
Amendments to Achieve Common Fair Value Measurement and Disclosure  Requirements
in U.S.  GAAP and  IFRSs",  which is  effective  for  annual  reporting  periods
beginning after December 15, 2011.  This guidance amends certain  accounting and
disclosure   requirements   related  to  fair  value  measurements.   Additional
disclosure  requirements  in the  update  include:  (1) for  Level 3 fair  value
measurements,   quantitative  information  about  unobservable  inputs  used,  a
description  of the valuation  processes  used by the entity,  and a qualitative
discussion  about  the  sensitivity  of  the  measurements  to  changes  in  the
unobservable  inputs;  (2) for an entity's use of a  nonfinancial  asset that is
different from the asset's  highest and best use, the reason for the difference;
(3) for  financial  instruments  not  measured  at  fair  value  but  for  which
disclosure of fair value is required,  the fair value  hierarchy  level in which
the fair value  measurements  were  determined;  and (4) the  disclosure  of all
transfers  between Level 1 and Level 2 of the fair value hierarchy.  ASU 2011-04
will  become  effective  for the  Company on January 1, 2012.  We are  currently
evaluating ASU 2011-04 and have not yet determined the impact that adoption will
have on our financial statements.

In September  2011,  the  Financial  Accounting  Standards  Board (FASB)  issued
Accounting Standards Update (ASU) No. 2011-08,  Intangibles - Goodwill and Other
(Topic 350):  Testing  Goodwill for  Impairment.  The guidance in ASU 2011-08 is
intended to reduce complexity and costs by allowing an entity the option to make
a  qualitative  evaluation  about  the  likelihood  of  goodwill  impairment  to
determine  whether it should  calculate the fair value of a reporting  unit. The
amendments  also improve  previous  guidance by  expanding  upon the examples of
events  and  circumstances   that  an  entity  should  consider  between  annual
impairment tests in determining whether it is more likely than not that the fair
value of a reporting unit is less than its carrying amount. Also, the amendments
improve  the  examples  of events  and  circumstances  that an  entity  having a
reporting  unit with a zero or  negative  carrying  amount  should  consider  in
determining whether to measure an impairment loss, if any, under the second step
of the goodwill  impairment  test.  The amendments in this ASU are effective for
annual  and  interim  goodwill  impairment  tests  performed  for  fiscal  years
beginning  after December 15, 2011.  Early adoption is permitted,  including for
annual and  interim  goodwill  impairment  tests  performed  as of a date before
September  15, 2011,  if an entity's  financial  statements  for the most recent
annual or interim period have yet been issued.  The adoption of this guidance is
not expected to have a material  impact on the Company's  financial  position or
results of operations.

                                       26
<PAGE>
NOTE 3. OIL AND GAS PROPERTIES

The oil and gas  properties  that the company has have had all costs  related to
the  properties  expensed  in  accordance  with  Generally  Accepted  Accounting
Principles for the industry. Currently the Company does not have proven reserves
confirmed with a geological study and will only be able to capitalize properties
once reserves have been proven. The company performed an impairment  analysis at
the end of 2009 and determined that the properties were not economically viable,
at that point the company impaired the properties.

JOINT VENTURE

On May 24,  2011,  the  Company  entered  into a Farm-Out  Agreement  with First
Pacific Oil and Gas Ltd. ("First  Pacific").  Under this Agreement First Pacific
has  acquired  the right to earn 50% of the  Company's  working  interest in its
existing 12 hydrocarbon wells located in Southern Arkansas. Under this Agreement
First Pacific has paid the Company $250,000;  and will pay $800,000 on or before
June 30, 2012. The Company  retains a 50% working  interest.  First Pacific will
earn its working interest upon  improvements of the existing  hydrocarbon  wells
being completed with the final $800,000  investment.  The $250,000  received has
been recorded as Deferred Gain. The initial $250,000 has been paid,  however the
$800,000 has been delayed by mutual verbal  agreement  until June 30, 2012. None
of the twelve wells are currently  producing.  Title to 50%  ownership  does not
vest with First Pacific until the Company receives the $800,000.

HOSS HOLMES LEASE

On August 26,  2009,  the  Company  entered  into an  agreement  to acquire  for
$100,000 the Hoss Holmes Lease located near Hosston, Louisiana, from Fredco LLC,
a Louisiana private oil and gas operator.  The company closed the acquisition of
the property on September 30, 2009.

On February  23,  2010,  the Company  divested a non-core  assets being the Hoss
Holmes, near Hosston Louisiana for $60,000.  The sale resulted in a gain on sale
of $60,000 recorded as other income.

HERRINGS LEASE

On August 10, 2009, the Company entered into an agreement to acquire various oil
leases near Hosston,  Louisiana,  from S.A.M., a Louisiana private  partnership,
and private oil and gas operator.  Under the terms of the agreement, the Company
has agreed to pay a total of ten dollars ($10) plus a one-fifth royalty interest
in exchange for the exclusive grant, lease, and let of the following oil and gas
leases:

One,  Two,  Three  and Four  (1-4)  inclusive,  Block  One (1) Town of  Hosston,
together  with all  abandoned  alleyways  and  streets  insofar as it covers and
affects the surface of the earth and the base of the Nacatosh Formation together
with wells being Herring No. 1, Serial No 184124,  and Herring No. 2, Serial No.
184735.

On June 30, 2011,  the Company's  interest in the Herrings  Lease and the Muslow
Lease were sold for $33,000 plus a 20% royalty interest in these mineral leases.
The sale resulted in a gain of $148,000 recorded as other income, which includes
gain of $115,000  due to the  decrease in ARO from  $235,000 as of December  31,
2010.

MUSLOW LEASE

On September 9, 2009,  the Company  entered into an agreement  and acquires four
oil and gas  leases  in Caddo  Parish,  Louisiana,  from a  private  oil and gas
operator for $70,000.  The first three leases are the Muslow A, B, and C Leases,

                                       27
<PAGE>
which in total  comprise  of 8 wells  and  equipment,  of which 2 are  currently
producing.  The fourth  lease is the Caddo Levee Board Lease,  comprising  of 13
wells and equipment, of which 4 are currently producing.

On June 30, 2011,  the Company's  interest in the Herrings  Lease and the Muslow
Lease were sold for  $33,000  plus an option to retain 20%  royalty  interest in
these mineral  leases.  The sale resulted in a gain of $148,000,  which includes
$115,000  gain on  decrease in Assets  Retirement  Obligation  from  $235,000 in
December 31, 2010.

ARKANSAS LEASE

On October 24,  2009 the Company  signed a letter  agreement  to acquire  eleven
producible deep oil wells north of Hosston, Louisiana, and in Southern Arkansas.
Seven of these wells are in production.  The deepest of these wells produce from
the Smackover formation at 7800 feet. Four other wells are capable of production
after work over operation has been  completed.  Also included with the agreement
are three disposal wells.

The terms of this  agreement  allowed the Company to pay $385,000,  over a seven
month period,  with the first payment of $50,000 paid on November 24, 2009.  The
terms of the  agreement  allow the Company to receive  production  starting from
November 1, 2009. On June 30, 2010 the last payment to complete the purchase for
this property was made.

NOTE 4. RELATED PARTY

The loans are payable to shareholders of $815 and $4,157 as of December 31, 2011
and 2010, respectively.  The loans are unsecured, are payable in five years from
August  2009 and bear  interest  at 3%. Due to the small  size of the loans,  no
imputed interest has been calculated.

On  September  13,  2010,  the company  entered  agreements  to convert  various
outstanding loans into restricted shares of the Company.  The total amount owing
to its  creditors  was  $390,048,  and each agreed to the issuance of restricted
shares of the Company to settle this outstanding debt. As a result,  the Company
agreed to issue a total of  260,032  (13,001,600  pre-reverse  split)  shares in
settlement of this debt, or at a price of $0.03 per share.  The total fair value
of the shares was  $650,080  based on the closing  price  resulting in a loss of
settlement of debt of $260,032.

On December 14, 2011, Donny  Fitzgerald,  the Company's  president  advanced the
Company $2,500. There is no repayment terms or interest. On August 23, 2011, the
Company  issued to Donny  Fitzgerald,  300,000  (15,000,000  pre-reverse  split)
shares in exchange for services valued at $75,000.  The shares issued were value
based on the fair market value on the date of grant.

NOTE 5. INCOME TAXES

Deferred income taxes may arise from temporary differences resulting from income
and  expense  items  reported  for  financial  accounting  and tax  purposes  in
different  periods.  Deferred  taxes are  classified as current or  non-current,
depending on the  classification of assets and liabilities to which they relate.
Deferred  taxes arising from  temporary  differences  that are not related to an
asset or liability  are  classified as current or  non-current  depending on the
periods in which the temporary  differences are expected to reverse. The company
does not have any uncertain tax positions.

                                       28
<PAGE>
The  Company  currently  has  net  operating  loss  carry  forwards  aggregating
$1,044,798 and $900,630, as of December 31, 2011 and 2010,  respectively,  which
expire  through  2029.  The deferred tax asset of $365,679  related to the carry
forwards has been fully reserved.

The Company has deferred income tax assets,  which have been fully reserved,  as
follows as of December 31, 2011 and 2010:

                                                    2011               2010
                                                 ----------         ----------

Deferred tax assets                              $  365,769         $  315,220
Valuation allowance for deferred tax assets        (365,769)          (315,220)
                                                 ----------         ----------

Net deferred tax assets                          $       --         $       --
                                                 ==========         ==========

NOTE 6. COMMON STOCK

On May 31, 2010, the Company issued 50,000 (1,000,000  pre-reverse  split) Units
at a price of $0.25 per  pre-reverse  split Unit for total proceeds of $250,000.
Each Unit issued consisted of one restricted  pre-reverse split common share and
one half share  purchase  warrant.  Two half  warrants  entitles a Subscriber to
acquire one  restricted  pre-reverse  split common share at a purchase  price of
$0.50 per Share for a period of 18 months from the date of issue. There relative
fair market value of the warrants is $4,851.

On  July 8,  2010  the  company  issued  22,500  (1,125,000  pre-reverse  split)
restricted shares at par for total proceeds of $1,125.

On  September  13,  2010,  the company  entered  agreements  to convert  various
outstanding loans into restricted shares of the Company.  The total amount owing
to its  creditors  was  $390,048,  and each agreed to the issuance of restricted
shares of the Company to settle this outstanding debt. As a result,  the Company
agreed to issue a total of  260,032  (13,001,600  pre-reverse  split)  shares in
settlement of this debt, or at a price of $0.03 per share.  The total fair value
of the shares was  $650,080  based on the closing  price  resulting in a loss of
settlement of debt of $260,032.

On March 3, 2011 the Company cancelled 3,000 (150,000  pre-reverse  split) share
per SEC order.  This was due to a  investigation,  by the SEC,  of an  unrelated
party that allegedly  touted U.S.  microcap  companies.  All shares owned by the
unrelated  party  was  ordered  by the SEC to be  returned  to their  respective
companies.  Further,  20,000 (1,000,000  pre-reverse split) shares was cancelled
due to non-performance of service contract

On August 23, 2011, the Company issued 300,000  (15,000,000  pre-reverse  split)
shares to its Director in exchange for services  valued at the fair value of the
common stock as quoted on the OTC at the date of grant of $75.000.

NOTE 7. ASSET RETIREMENT OBLIGATION

The  Company  accounts  for asset  retirement  obligations  as  required  by the
Financial Accounting Standards Board ("FASB") Accounting Standards  Codification
("ASC")  410--Asset  Retirement  and  Environmental  Obligations.   Under  these
standards,  the fair value of a liability for an asset retirement  obligation is
recognized  in the period in which it is  incurred if a  reasonable  estimate of
fair value can be made. If a reasonable estimate of fair value cannot be made in
the period  the asset  retirement  obligation  is  incurred,  the  liability  is
recognized  when a reasonable  estimate of fair value can be made. If a tangible
long-lived  asset with an existing asset  retirement  obligation is acquired,  a
liability for that  obligation  shall be  recognized at the asset's  acquisition

                                       29
<PAGE>
date as if that obligation were incurred on that date. In addition,  a liability
for the fair value of a conditional  asset retirement  obligation is recorded if
the fair value of the liability can be reasonably estimated.

During the year ended  December  31,  2010 the  company  incurred  an  accretion
expense of $235,000 for the net present value cost of plugging all its oil wells
upon the ending of the useful life of the wells.  Due to the sale of some of the
company's  mineral  leases and oil wells  during  2011,  the company was able to
reduce its ARO liability to $120,000.

NOTE 8. SUBSEQUENT EVENTS

Company has changed its name from Avro Energy,  Inc. to Rango  Energy,  Inc. and
approved a reverse stock split of fifty (50) times previously shares for one new
share.  There are no other subsequent events through the date of the issuance of
the financial statements that would warrant further disclosures.

                                       30
<PAGE>
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

DISCLOSURE CONTROLS AND PROCEDURES

We maintain  disclosure  controls and  procedures,  as defined in Rule 13a-15(e)
promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"), that
are  designed to ensure that  information  required to be disclosed by us in the
reports that we file or submit  under the  Exchange Act is recorded,  processed,
summarized and reported within the time periods  specified in the Securities and
Exchange  Commission's  rules and forms and that such information is accumulated
and  communicated to our management,  including our Chief Executive  Officer and
Chief  Financial  Officer,  as appropriate to allow timely  decisions  regarding
required disclosure.

We carried out an evaluation,  under the supervision and with the  participation
of our  management,  including our Chief  Executive  Officer and Chief Financial
Officer,  of the  effectiveness  of the design and  operation of our  disclosure
controls and  procedures  as of December 31, 2011.  Based on the  evaluation  of
these  disclosure  controls  and  procedures,  and  in  light  of  the  material
weaknesses found in our internal  controls over financial  reporting,  our Chief
Executive  Officer and Chief  Financial  Officer  concluded  that our disclosure
controls and procedures were not effective.

MANAGEMENT'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

Management is responsible for  establishing  and maintaining  adequate  internal
control over financial reporting, as defined in Exchange Act Rule 13a-15(f). The
Company's  internal  control over financial  reporting is a process  designed to
provide reasonable  assurance  regarding the reliability of financial  reporting
and the preparation of financial  statements for external purposes in accordance
with accounting principles generally accepted in the United States of America.

Because of its inherent  limitations,  internal control over financial reporting
may not prevent or detect misstatements.  Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate  because of changes in  conditions,  or that the degree of compliance
with the policies or procedures may deteriorate.

Under the supervision and with the  participation  of management,  including the
Chief Executive  Officer and Chief Financial  Officer,  the Company conducted an
evaluation of the effectiveness of the Company's internal control over financial
reporting as of December 31, 2011 using the  criteria  established  in "INTERNAL
CONTROL  -  INTEGRATED   FRAMEWORK"   issued  by  the  Committee  of  Sponsoring
Organizations of the Treadway Commission ("COSO").

A material weakness is a deficiency, or combination of deficiencies, in internal
control over financial  reporting,  such that there is a reasonable  possibility
that a  material  misstatement  of the  Company's  annual or  interim  financial
statements  will  not  be  prevented  or  detected  on a  timely  basis.  In its
assessment of the effectiveness of internal control over financial  reporting as
of  December  31,  2011,  the  Company   determined   that  there  were  control
deficiencies that constituted material weaknesses, as described below.

                                       31
<PAGE>
     1)   WE DO NOT HAVE AN AUDIT COMMITTEE - While not being legally  obligated
          to have an audit committee,  it is the  management's  view that such a
          committee, including a financial expert member, is an utmost important
          entity level control over the Company's financial statement. Currently
          the Board of Directors  acts in the  capacity of the Audit  Committee,
          and does not include a member that is considered to be  independent of
          management  to  provide  the  necessary  oversight  over  management's
          activities.

     2)   WE DID NOT  MAINTAIN  APPROPRIATE  CASH  CONTROLS - As of December 31,
          2011, the Company has not maintained sufficient internal controls over
          financial  reporting  for  the  cash  process,  including  failure  to
          segregate cash handling and accounting functions,  and did not require
          dual  signature on the Company's  bank  accounts.  Alternatively,  the
          effects  of poor cash  controls  were  mitigated  by the fact that the
          Company had limited transactions in their bank accounts.

     3)   WE DID NOT IMPLEMENT APPROPRIATE  INFORMATION TECHNOLOGY CONTROLS - As
          of December 31, 2011, the Company retains copies of all financial data
          and  material  agreements;  however  there is no formal  procedure  or
          evidence of normal backup of the Company's data or off-site storage of
          the  data  in  the  event  of  theft,  misplacement,  or  loss  due to
          unmitigated factors.

Accordingly, the Company concluded that these control deficiencies resulted in a
reasonable  possibility  that a material  misstatement  of the annual or interim
financial  statements will not be prevented or detected on a timely basis by the
company's internal controls.

As a result of the material weaknesses described above, management has concluded
that the Company did not maintain  effective  internal  control  over  financial
reporting  as of December  31, 2011 based on  criteria  established  in Internal
Control--Integrated Framework issued by COSO.

CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING

There  has been no change  in our  internal  control  over  financial  reporting
identified in connection  with our evaluation we conducted of the  effectiveness
of our internal  control over financial  reporting as of December 31, 2011, that
occurred  during our fourth fiscal quarter that has materially  affected,  or is
reasonably  likely to materially  affect,  our internal  control over  financial
reporting.

This  annual  report  does not include an  attestation  report of the  Company's
registered  public  accounting  firm regarding  internal  control over financial
reporting.  Managements  report was not subject to  attestation by the Company's
registered  public  accounting  firm pursuant to temporary rules of the SEC that
permit the Company to provide only management's report in this annual report.

                                    PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CONTROL PERSONS

The  names,  ages and  titles of our  executive  officers  and  director  are as
follows:

Name and Address of Executive
Officer and/or Director             Age                   Position
-----------------------             ---                   --------
Donny Fitzgerald                    48        President, Secretary and Director

                                       32
<PAGE>
Mr.  Donny  Fitzgerald  has  worked in the Oil and Gas  business  as  Manager of
Fitzgerald  Enterprises  over the last 6 years.  His  expertise  is in oil field
supply and production within this industry.

TERM OF OFFICE

Our director is  appointed  to hold office until the next annual  meeting of our
stockholders  or until his  successor  is  elected  and  qualified,  or until he
resigns or is removed in accordance  with the  provisions of the State of Nevada
Statutes.  Our officer is appointed  by our Board of Directors  and holds office
until removed by the Board.

SIGNIFICANT EMPLOYEES

We have no significant  employees  other than our officer  and/or  directors who
collectively devote approximately 10 hours per week to company matters.

Our officers and directors have not been the subject of any order,  judgment, or
decree  of  any  court  of  competent  jurisdiction,  or any  regulatory  agency
permanently or temporarily enjoining,  barring,  suspending or otherwise limited
him from acting as an investment advisor,  underwriter,  broker or dealer in the
securities  industry,  or as an  affiliated  person,  director or employee of an
investment company, bank, savings and loan association,  or insurance company or
from  engaging in or continuing  any conduct or practice in connection  with any
such activity or in connection with the purchase or sale of any securities.

Our officers and directors  have not been  convicted in any criminal  proceeding
(excluding  traffic  violations)  nor is he  subject  of any  currently  pending
criminal proceeding.

We conduct our business  through  agreements  with  consultants  and arms-length
third  parties.  We pay our consulting  geologist the usual and customary  rates
received by geologists performing similar consulting services.

CODE OF ETHICS

Our board of directors  adopted our code of ethical  conduct that applies to all
of our employees and  directors,  including  our  principal  executive  officer,
principal  financial officer,  principal  accounting officer or controller,  and
persons performing similar functions.

We believe the adoption of our Code of Ethical  Conduct is  consistent  with the
requirements of the Sarbanes-Oxley Act of 2002.

Our Code of Ethical Conduct is designed to deter wrongdoing and to promote:

     *    Honest and ethical  conduct,  including the ethical handling of actual
          or apparent  conflicts of interest  between  personal and professional
          relationships;

     *    Full, fair, accurate,  timely and understandable disclosure in reports
          and  documents  that we file or submit to the  Securities  &  Exchange
          Commission and in other public communications made by us;

     *    Compliance with applicable governmental laws, rules and regulations;

     *    The prompt  internal  reporting  to an  appropriate  person or persons
          identified in the code of  violations of our Code of Ethical  Conduct;
          and

     *    Accountability for adherence to the Code.

                                       33
<PAGE>
ITEM 11. EXECUTIVE COMPENSATION

MANAGEMENT COMPENSATION

The table below  summarizes all  compensation  awarded to, earned by, or paid to
our executive officers by any person for all services rendered in all capacities
to us for the past three years ending December 31, 2011:

<TABLE>
<CAPTION>
                                            Annual Compensation                Long Term Compensation
                                    ----------------------------------   ---------------------------------
                                                                         Restricted
                                                          Other Annual      Stock     Options/*    LTIP        All Other
Name           Title        Year    Salary($)   Bonus     Compensation     Awarded    SARs (#)   payouts($)   Compensation
----           -----        ----    ---------   -----     ------------     -------    --------   ----------   ------------
<S>          <C>            <C>        <C>        <C>          <C>           <C>         <C>         <C>           <C>
Donny        President,     2009     $5,000     $  0         $  0           $  0        $  0        $  0       $     0
Fitzgerald   Secretary      2010     $    0     $  0         $  0           $  0        $  0        $  0       $     0
             and            2011     $    0     $  0         $  0           $  0        $  0        $  0       $75,000
             Director

Mike P.      Past           2009     $    0     $  0         $  0           $  0        $  0        $  0       $     0
Kurtanjek    -President,    2010     $    0     $  0         $  0           $  0        $  0        $  0       $     0
             CEO, CFO       2011     $    0     $  0         $  0           $  0        $  0        $  0       $     0
             and
             Director

Michael      Director       2009     $    0     $  0         $  0           $  0        $  0        $  0       $     0
Heenan                      2010     $    0     $  0         $  0           $  0        $  0        $  0       $     0
                            2011     $    0     $  0         $  0           $  0        $  0        $  0       $     0

Marilyn      Past           2008     $    0     $  0         $  0           $  0        $  0        $  0       $     0
Woodruff     Director &
             Secretary

</TABLE>

There  are  no  current  employment  agreements  between  the  company  and  its
officer/director.

There are no annuity,  pension or retirement benefits proposed to be paid to the
officer or director or employees in the event of retirement at normal retirement
date pursuant to any presently  existing plan provided or  contributed to by the
company or any of its subsidiaries, if any.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following  table sets forth  certain  information  concerning  the number of
shares of our common  stock owned  beneficially  as of May 10, 2012 by: (i) each
person  (including  any group) known to us to own more than five percent (5%) of
any class of our voting securities, (ii) our director, and or (iii) our officer.
Unless  otherwise  indicated,  the stockholder  listed possesses sole voting and
investment power with respect to the shares shown.

                                       34
<PAGE>
<TABLE>
<CAPTION>
                                                                 Amount and Nature        Percentage of
                                                                   of Beneficial              Common
Title of Class      Name and Address of Beneficial Owner             Ownership               Stock(1)
--------------      ------------------------------------             ---------               --------
<S>                 <C>                                              <C>                     <C>
Common Stock        Donny Fitzgerald, 213 E Arkansas Ave              300,000                   27%
                    Vivian, LA 71082, USA

Common Stock        Officer and/or director as a Group                300,000                   27%
</TABLE>

HOLDERS OF MORE THAN 5% OF OUR COMMON STOCK

----------
(1)  A  beneficial  owner of a security  includes  any person  who,  directly or
     indirectly, through any contract, arrangement, understanding, relationship,
     or otherwise has or shares:  (i) voting power,  which includes the power to
     vote, or to direct the voting of shares;  and (ii) investment power,  which
     includes the power to dispose or direct the disposition of shares.  Certain
     shares may be deemed to be beneficially  owned by more than one person (if,
     for example, persons share the power to vote or the power to dispose of the
     shares).  In  addition,  shares  are deemed to be  beneficially  owned by a
     person if the person has the right to acquire the shares (for example, upon
     exercise  of an  option)  within  60  days  of the  date  as of  which  the
     information  is provided.  In  computing  the  percentage  ownership of any
     person, the amount of shares outstanding is deemed to include the amount of
     shares  beneficially  owned by such person (and only such person) by reason
     of these  acquisition  rights.  As a result,  the percentage of outstanding
     shares of any person as shown in this table  does not  necessarily  reflect
     the person's actual ownership or voting power with respect to the number of
     shares of common stock actually outstanding on May 10, 2012.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

None of our  directors,  or  officers,  any  proposed  nominee for election as a
director,  any person who  beneficially  owns,  directly or  indirectly,  shares
carrying more than 10% of the voting rights  attached to all of our  outstanding
shares, any promoter,  or any relative or spouse of any of the foregoing persons
has any material  interest,  direct or indirect,  in any  transaction  since our
incorporation or in any presently  proposed  transaction  which, in either case,
has or will materially affect us other then the transactions described below.

The Company has borrowed $4,157 from Mr. Mike P.  Kurtanjek,  our Past President
and as of December  31, 2011 the loan has not been paid back.  The loan has a 0%
interest with no fixed payment  date,  and the Company has borrowed  $2,500 from
Donny Fitzgerald, our Current President and as of December 31, 2011 the loan has
not been paid back.

Our management is involved in other  business  activities and may, in the future
become  involved  in  other  business  opportunities.  If  a  specific  business
opportunity  becomes  available,  such  persons may face a conflict in selecting
between our business  and their other  business  interests.  In the event that a
conflict of interest  arises at a meeting of our  directors,  a director who has
such a conflict  will disclose his interest in a proposed  transaction  and will
abstain from voting for or against the approval of such transaction.

                                       35
<PAGE>
ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

For the year ended  December 31, 2010, the total fees charged to the company for
audit services, including quarterly reviews, were $7,455.

For the year ended  December 31, 2010, the total fees charged to the company for
audit services, including quarterly reviews, were $15,000.

                                     PART IV

ITEM 15. EXHIBITS

Exhibit
Number                             Description
------                             -----------
3.1           Articles of Incorporation - Filed by Form SB-1 on March 30, 2007

3.2           Bylaws - Filed by Form SB-1 on March 30, 2007

31.1          Sec. 302 Certification of Chief Executive Officer

31.2          Sec. 302 Certification of Chief Financial Officer

32.1          Sec. 906 Certification of Chief Executive Officer

32.2          Sec. 906 Certification of Chief Financial Officer

101           Interactive data files pursuant to Rule 405 of Regulation S-T.*

----------
*    To Be Filed By Amendment

                                       36
<PAGE>
                                   SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

May 10, 2012                     Rango Energy, Inc. (formerly Avro Energy, Inc.)


                                 By: /s/ Donny Fitzgerald
                                     -------------------------------------------
                                     Donny Fitzgerald,
                                     President and Chief Executive Officer

In  accordance  with the Exchange  Act, this report has been signed below by the
following  persons on behalf of the  registrant and in the capacities and on the
dates indicated.

May 10, 2012                     Rango Energy, Inc. (formerly Avro Energy, Inc.)


                                 By: /s/ Donny Fitzgerald
                                     -------------------------------------------
                                     Donny Fitzgerald,
                                     President, Treasurer and Chief Financial
                                     Officer (Principal Executive Officer and
                                     Principal Accounting Officer)

                                       37