2008-10-07 14:03:03 -
- Royale Energy, Inc. Chanda Idano, Director of Marketing & PR, 619-881-2800 chanda@royl.com www.royl.com Royale Energy, Inc. (NASDAQ:ROYL) announces it has discovered natural gas in its Andrus Island East well in the Sacramento Basin of California which was drilled as part of its 2008-A drilling project. The well was drilled to 7,000 ft. and
logged pay in two natural gas filled sands in the Nortinville formation at 3,350 ft. and 3,800 ft. The deeper Starkey Channel was penetrated at 6,500 ft. and encountered 26 ft. of high porosity and permeable natural gas filled sands.
"The Company had drilled four commercially productive wells to the shallower Nortinville formations on Andrus Island, noted Donald Hosmer Royale Energy CEO. "This was the first attempt to drill to the deeper Starkey objective. The deeper objective in the well was higher risk but because of the potential upside the Company felt the risk was justified."
After completing and testing the Starkey sand in the Andrus Island East well, it was flowing over 1,000,000 cubic ft. of natural gas per day on a 12/64 choke with strong casing and tubing pressure. The two shallower Nortinville formations remain behind pipe for future completions.
"Additional Starkey wells may also be drilled to increase reserves in the future," stated Donald Hosmer.
About Royale Energy
Headquartered in San Diego, Royale Energy, Inc. is an independent energy company. The company is focused on development, acquisition, exploration, and production of natural gas and oil in California, Texas and the Rocky Mountains. It has been a leading independent producer of oil and natural gas for over 20 years. The company's strength is continually reaffirmed by investors who participate in funding over 50% of the company's new projects. Additional information about Royale Energy, Inc. is available on its web site at www.royl.com.
Forward-Looking Statements
In addition to historical information contained herein, this news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, subject to various risks and uncertainties that could cause the company's actual results to differ materially from those in the "forward-looking" statements. While the company believes its forward-looking statements are based upon reasonable assumptions, there are factors that are difficult to predict and that are influenced by economic and other conditions beyond the company's control. Investors are directed to consider such risks and other uncertainties discussed in documents filed by the company with the Securities and Exchange Commission.
First Deeper Natural Gas Well in Starkey Sands
