Royale Energy, Inc. (ROYL) Reports Successful Drilling of Well in LoneStar Field
Royale Energy, Inc. reported the successful drilling of the North East Parks #1 well on its acreage position in California. This was the sixth well the company has drilled in 2010, surpassing the five wells drilled in 2009. This was the second successful well for Royale Energy, Inc. during the last few months. The company drilled and completed the Victor Ranch 3-9 well located in the East Rice Creek field and reported natural gas shows in that well from three different zones. The North East Parks #1 is located in the LoneStar field, and Royale Energy, Inc. said that the…