BROOKLYN, N.Y., Aug. 6, 2012 /PRNewswire/ -- Royal Energy
Resources, Inc. (OTCBB: ROYE), is pleased to announce that the
Company signed an LOI with Chase Oil Corporation to sell its
interest in 320 mineral acres in Converse
County, Wyoming. The Company will retain a 1%
overriding royalty interest as a part of the transaction.
"The field in Converse County
makes another acquisition in Wyoming of oil and gas mineral rights which is
important in achieving early success in our oil and gas development
stage future revenue," stated Jacob
Roth, President of Royal Energy.
We look forward to keeping you updated in the near future.
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 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 - Tel (800)
620-3029
SOURCE Royal Energy Resources, Inc.
