Royal Energy Resources, Inc. (OTCBB: ROYE) announced today that a fourth well has been drilled and is near completion in northern Oklahoma. The well, when drilled, showed both oil and natural gas zones, with the oil zone showing the most promise.

Jacob Roth, CEO of Royal Energy Resources, Inc. stated, "We are pleased with the results from our drilling, and all indications point to the area having both oil and gas zones capable of producing in commercial quantities. Due to pricing issues, we will focus on oil production currently."

Safe Harbor Statement

Certain statements included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions are generally considered forward-looking statements. These statements reflect our current expectations.

Royal Energy Resources (CE) (USOTC:ROYE)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025 Plus de graphiques de la Bourse Royal Energy Resources (CE)
Royal Energy Resources (CE) (USOTC:ROYE)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025 Plus de graphiques de la Bourse Royal Energy Resources (CE)