Royale Completes Nugget Well With 1,108 Mcf Per Day
10 April 2015 - 4:32AM
Royale Energy, Inc. (Nasdaq:ROYL) announced that
the Nugget well discovered five natural gas filled formations on
March 21, 2015.
On April 8th, one of the zones was perforated and tested with a
stabilized rate of 1,108 Mcf per day on a 12/64th's choke.
The additional zones will remain behind pipe and will be
completed after this zone is produced out. A nearby pipeline will
allow a quick connection for the well to be put into production in
April.
The Nugget's multiple pay zones have given the company several
developmental follow up wells that will be drilled to increase
production and reserves in the surrounding area.
Forward Looking Statements
In addition to historical information contained herein, this
news release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
subject to various risks and uncertainties that could cause the
company's actual results to differ materially from those in the
"forward-looking" statements. While the company believes its
forward looking statements are based upon reasonable assumptions,
there are factors that are difficult to predict and that are
influenced by economic and other conditions beyond the company's
control. Investors are directed to consider such risks and other
uncertainties discussed in documents filed by the company with the
Securities and Exchange Commission.
CONTACT: Royale Energy, Inc.
Chanda Idano, Director of Marketing & PR
619-383-6600
chanda@royl.com
www.royl.com
Royale Energy (QB) (USOTC:ROYL)
Historical Stock Chart
From Apr 2024 to May 2024
Royale Energy (QB) (USOTC:ROYL)
Historical Stock Chart
From May 2023 to May 2024