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ROYE Royal Energy Resources Inc (CE)

0.50
0.00 (0.00%)
24 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Royal Energy Resources Inc (CE) USOTC:ROYE OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.50 0.00 01:00:00

Royal Energy Obtains 5% Overriding Royalty Interest in Weston County, Wyoming Oil & Gas Lease

01/03/2011 2:41pm

GlobeNewswire Inc.


Royal Energy Resources (CE) (USOTC:ROYE)
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Royal Energy Resources, Inc. (OTCBB:ROYE) is pleased to announce that the Company now owns a 5% overriding royalty interest in Weston County, Wyoming. The overriding royalty interest encompasses over 75 mineral acres, and the oil and gas production will be developed by Orion Energy Partners L.P., a Denver, Colorado-based company. Recently, Orion Energy assigned its interest to Noble Energy, Inc., a public company.

"The field in Weston County, Wyoming marks another acquisition of oil and gas mineral rights in Wyoming. Teaming up with industry leaders like Orion Energy and Noble Energy is important in achieving early success in our gas production revenue future," stated Jacob Roth, President of Royal Energy Resources, Inc.

About Royal Energy Resources, Inc.

Royal Energy Resources, Inc. ("Royal" or the "Company"), is an oil and gas exploration development stage exploration and production company and currently owns interests in Weston and other counties in Wyoming. Royal has developed a corporate strategy of identification, acquisition and development of domestic oil and gas reserves, thereby reducing U.S. dependence on foreign oil.

Safe Harbor Statement

Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is for informational purposes only and is not an offer or solicitation to buy or sell the securities.  

CONTACT: Royal Energy Resources, Inc.
         Jacob Roth, President
         Ph:  (800) 620-3029

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1 Year Royal Energy Resources (CE) Chart

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1 Month Royal Energy Resources (CE) Chart