Royale Energy, Inc. (ROYL): announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

29 Jan 2019drilling progress report▲ GoodMajor

Royale's first well under its new Rio Vista drilling program with CRPC, the CRC 33-1, flowed a strong initial rate of 4.6 million cubic feet of gas per day with high reservoir pressure and found multiple pay zones - an encouraging start with six more wells planned for 2019.

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