{"id":944,"date":"2017-08-08T12:47:52","date_gmt":"2017-08-08T19:47:52","guid":{"rendered":"http:\/\/www.royl.com\/T1\/?p=944"},"modified":"2017-08-14T12:51:07","modified_gmt":"2017-08-14T19:51:07","slug":"royale-energy-announces-rio-vista-drilling-results","status":"publish","type":"post","link":"https:\/\/www.royl.com\/T1\/press-release\/royale-energy-announces-rio-vista-drilling-results\/","title":{"rendered":"Royale Energy Announces Rio Vista Drilling Results"},"content":{"rendered":"<p>[et_pb_section admin_label=&#8221;section&#8221;][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<p><b><a href=\"http:\/\/www.royl.com\/T1\/wp-content\/uploads\/2017\/08\/080817_Rio_Vista_8-4.pdf \">READ OFFICIAL PRESS RELEASE<\/a><\/b>\n<\/p>\n<p><strong>Royale Energy Announces Rio Vista Drilling Results<\/strong><\/p>\n<p>San Diego, August 8, 2017 (GLOBE NEWSWIRE) \u2013 Royale Energy, Inc. (OTCQB: ROYL) (\u201cRoyale\u201d or the \u201cCompany\u201d) announced the successful completion of its third and fourth wells under joint development agreement in Rio Vista Gas Field, and the spudding of its first well under an agreement in Sansinena Oil Field.<\/p>\n<p>\nThe CRC RVGU 8-3 is a dual completion in the Capay and Martinez formations. Based on an initial 6-<br \/>\nhour test with only a portion of the Martinez sand perforated, the well stabilized at 2,000 MCF per day<br \/>\nwith 1395 psi tubing pressure.<\/p>\n<p>\nThe CRC Rio Vista 8-4 was brought on line, August 4, 2017 and is presently flowing approximately 850<br \/>\nMCF per day from the Capay and McCormack formations. Additional proven reserves, including the<br \/>\nupper McCormack and 48\u2019 of Martinez sand are behind pipe and available for future recompletion.<\/p>\n<p>\nThe presence of a productive Capay sand in the 8-4 sets up additional Capay locations across the<br \/>\ndevelopment acreage. Royale plans to drill an under balanced Capay well, the CRC RVGU 8-5, later this<br \/>\nyear.<\/p>\n<p>\nOn July 7, 2017, Royale entered an agreement to jointly develop two wells in Sansinena Field in Los<br \/>\nAngeles County. The wells, Sansinena 9A4 and Sansinena 9A7 are scheduled to be drilled in the 3rd<br \/>\nQuarter of 2017. The first well, Sansinena 9A4 will spud in August. Matrix Oil is the operator.<\/p>\n<p>\nDon Hosmer, President of Royale Energy said, \u201cWe are extremely pleased with our continued success in<br \/>\nRio Vista. Using 3-D seismic, our team continues to find new opportunities in this prolific northern<br \/>\nCalifornia gas field. We are also excited to spud our first well in Sansinena Field with our partners Matrix<br \/>\nOil. Sansinena is an underdeveloped oil field with over 75 Proven Undeveloped well (PUD) locations with<br \/>\n20 million barrels of proven undeveloped reserves.\u201d<\/p>\n<p><strong>Forward Looking Statements<\/strong><br \/>\nIn 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:<br \/>\nRoyale Energy, Inc.<br \/>\nChanda Idano- Director of Marketing &amp; PR<br \/>\n619-383-6600<br \/>\n<a href=\"mailto:chanda@royl.com\">chanda@royl.com<\/a><br \/>\n<a href=\"http:\/\/www.royl.com\/T1\">http:\/\/www.royl.com\/T1<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[et_pb_section admin_label=&#8221;section&#8221;][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;] READ OFFICIAL PRESS RELEASE Royale Energy Announces Rio Vista Drilling Results San Diego, August 8, 2017 (GLOBE NEWSWIRE) \u2013 Royale Energy, Inc. (OTCQB: ROYL) (\u201cRoyale\u201d or the \u201cCompany\u201d) announced the successful completion of its third and fourth wells under joint development agreement in Rio Vista [&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":"on","_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\/944"}],"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=944"}],"version-history":[{"count":2,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/posts\/944\/revisions"}],"predecessor-version":[{"id":946,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/posts\/944\/revisions\/946"}],"wp:attachment":[{"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/media?parent=944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/categories?post=944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.royl.com\/T1\/wp-json\/wp\/v2\/tags?post=944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}