{"id":546,"date":"2015-06-08T07:19:34","date_gmt":"2015-06-08T14:19:34","guid":{"rendered":"http:\/\/www.royl.com\/T1\/?p=546"},"modified":"2015-06-08T07:21:45","modified_gmt":"2015-06-08T14:21:45","slug":"royale-energy-begins-new-operations","status":"publish","type":"post","link":"https:\/\/www.royl.com\/T1\/press-release\/royale-energy-begins-new-operations\/","title":{"rendered":"ROYALE ENERGY BEGINS NEW OPERATIONS"},"content":{"rendered":"<p>San Diego, June 4, 2015 \u2013 <a href=\"http:\/\/www.royl.com\/T1\/wp-content\/uploads\/2015\/06\/060415_PR_Operational_Update.pdf\">Royale Energy, Inc. (NASDAQ: ROYL) today announced that it has closed its current drilling project and has received the first of five drilling permits to drill a Sacramento Basin Well. The drilling rig has been contracted and will begin operations by the end of June.<\/a>  <\/p>\n<p>In addition, the company has signed a contract for the drilling of three oil wells in the Ballinger field of Runnels County, Texas and operations will begin June 15th. The deepest prospective target is the Ellenberger formation at 4,400 ft. Additional potential exists in other formations that include the Cross-cut sandstone at 3,500 ft., the Upper Caps formation at 3,700 ft., the Jennings formation at 4,000 ft. and the Gardner formation at 4,100 ft. These are all prospective sandstone or limestone lithofacies that either lie behind pipe in the existing wells in the field or have not been penetrated over most of the acreage. All of these formations have produced oil at various locals in the surrounding acreage and will be targeted in all of Royale\u2019s future drilling in this field. <\/p>\n<p>Royale will have two drilling rigs working for the month of July. The results will be announced as they come in. <\/p>\n<p><a href=\"http:\/\/www.royl.com\/T1\/wp-content\/uploads\/2015\/06\/060415_PR_Operational_Update.pdf\">READ OFFICIAL PRESS RELEASE<\/a><\/p>\n<p>***<\/p>\n<blockquote><p>Forward Looking Statements<\/p>\n<p>In addition to historical information contained herein, this news release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995, subject to various risks and uncertainties that could cause the company\u2019s actual results to differ materially from those in the \u201cforward-looking\u201d 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\u2019s control. Investors are directed to consider such risks and other uncertainties discussed in documents filed by the company with the Securities and Exchange Commission.<\/p>\n<p>Contact:<\/p>\n<p>Royale Energy, Inc.<\/p>\n<p>Chanda Idano, Director of Marketing &amp; PR<\/p>\n<p>619-881-2800<\/p>\n<p><a href=\"mailto:chanda@royl.com\">chanda@royl.com<\/a><\/p>\n<p><a href=\"http:\/\/www.royl.com\/T1\">http:\/\/www.royl.com\/T1<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>San Diego, June 4, 2015 \u2013 Royale Energy, Inc. (NASDAQ: ROYL) today announced that it has closed its current drilling project and has received the first of five drilling permits to drill a Sacramento Basin Well. The drilling rig has been contracted and will begin operations by the end of June. In addition, the company [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","spay_email":"","_links_to":"","_links_to_target":""},"categories":[5],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/posts\/546"}],"collection":[{"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/comments?post=546"}],"version-history":[{"count":3,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/posts\/546\/revisions"}],"predecessor-version":[{"id":550,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/posts\/546\/revisions\/550"}],"wp:attachment":[{"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/media?parent=546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/categories?post=546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/tags?post=546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}