Royal Energy Obtains 3% Overriding Royalty Interest in Niobara County Wyoming Oil & Gas Lease
17 11월 2008 - 9:00PM
Business Wire
Royal Energy Resources, Inc. (OTCBB:ROYE) is pleased to announce
that the Company now owns a 3% overriding royalty interest in
Niobara County, Wyoming. The overriding royalty interest
encompasses over 80 mineral acres, and the oil and gas production
will be developed by Black Diamond Minerals, LLC, a Denver Colorado
based company. "The field in Niobara County, Wyoming marks our
fourth acquisition in Wyoming of oil and gas mineral rights.
Teaming up with industry leaders like Black Diamond Minerals, LLC
is important in achieving early success in our gas production
revenue future," stated Jacob Roth, President, Royal Energy
Resources, Inc. About Royal Energy Resources, Inc. Royal Energy
Resources, Inc. ("Royal" or the "Company"), is an oil and gas
development stage exploration and production company and currently
owns interests in Weston and Natrona 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. Forward-looking statements in the
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 information only and is not an offer or
solicitation to buy or sell the securities.
Royal Energy Resources (CE) (USOTC:ROYE)
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