Royal Energy Obtains 5% Overriding Royalty Interest in Weston County, Wyoming Oil & Gas Lease
01 Marzo 2011 - 8:41AM
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
Royal Energy Resources (CE) (USOTC:ROYE)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Royal Energy Resources (CE) (USOTC:ROYE)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024
Real-Time news about Royal Energy Resources Inc (CE) (OTCMarkets): 0 recent articles
Más de Royal Energy Resources, Inc. Artículos de Noticias