Beacon Equity Research: Natural Gas Deposit Nearly Doubles Royale Energy (ROYL)
Royale Energy Inc. rocketed to the stars out of nowhere during intraday trading yesterday as the company announced some stock altering news! ROYL closed near the high of the trading session at $3.53 for a whopping 65% gain! ROYL is an independent energy company that focuses on developing, acquiring, exploring and producing natural gas and oil in California, Texas and the Rocky Mountains. Royale Energy has been a leading indie producer of oil and natural gas for more than 20 years. ROYL announced its new natural gas discovery in the Sacramento Basin yesterday and as the lower Mokulumne has been…