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Stock Market & Financial Investment News

News Breaks
June 19, 2014
10:47 EDTROYLRoyale Energy partner Rampart initiates strategic partnering process
Rampart Energy announced earlier the appointment of ROTH Capital as advisor in relation to its Strategic Partnering Process. This process has been initiated to identify and secure a suitable partner to fund the forthcoming two-well exploration program in the company’s Western Block, onshore North Slope of Alaska. Rampart Energy participates with Royale Energy (ROYL) in the development of Royale’s Alaska North Slope property, the companies have previously stated.
News For ROYL From The Last 14 Days
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October 22, 2014
07:47 EDTROYLRoyale Energy confirms new high rate well
Royale Energy announced it has achieved a sustained rate of 1.6M cubic feet per day after opening an initial 2 feet of a 65 foot gross interval in the recently drilled McKinney well. Following the flow test, a pressure build test resulted in a total pressure of 4,165 psi. Based on the thickness, pressure and areal extent, this multi-BCF well is likely to be counted among the company's largest discoveries. Following the installation of the pipeline now underway, the well will be placed on production for 7-20 days before opening an additional 30 feet to incrementally add to productive capacity. The full 65 foot interval is expected to be opened later in the year as winter gas demand rises.

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