EXHIBIT 23.4


August 3, 1999


                  CONSENT OF INDEPENDENT PETROLEUM ENGINEERS


     As independent petroleum consultants, we hereby consent to the
incorporation by reference of our reports included in this Form SB-2 into
Pennaco Energy, Inc.'s filed Registration Statement.


                                       /s/ Ryder Scott Petroleum Company
                                           Petroleum Engineers
                                       RYDER SCOTT COMPANY
                                       PETROLEUM ENGINEERS